Group Risk Cover – Frequently Asked Questions
(Q) What does Group Risk Cover entail?
(A) Group Risk Cover is an umbrella term for three different or cumulative ‘company sponsored’ employee benefit schemes, namely, Group Life Insurance, Group Income Protection and Group Critical Illness Cover.
(Q) This is my first time to access group risk products through an online platform how do I know I’m getting the best value for money?
(A) We search the entire market place and ask all the providers in the market to provide www.grouprisk.ie with a quote in order that we find the most competitive quote for you.
(Q) I don’t have the time to provide reams of detail to you?
(A) We provide two quotation questionnaires for our clients that are depending on your own level of understanding. We have a fairly easy questionnaire that we help us generate a fairly generic quote and then other more comprehensive questionnaires that ask for a bit more detail in order to tailor a specific quote to your needs.
(Q) I’m worried about the security of my employee’s information online?
(A) We don’t ask for specific employee names you can number each employee
Interested in chatting about Group Life Insurance, Group Income Protection and/or Group Critical Illness?
Contact Group Risk today on 01 6601016 or email us info@grouprisk.ie.
Conor Headon, CWSI
“Recently we undertook a review of our in-house efficiencies. Arising out of this we had to make changes to our Assurance contracts along with effecting Group Risk cover for all of our senior line. We opted to choose GroupRisk.ie (part of Independent Financial Consultants) on the basis of their service promise. Since we made the decision to award them our business, we have had exemplary service from them and have subsequently awarded them other areas of corporate risk to handle for our company. We have no hesitation in placing on record, our recommendation of our dealings with GroupRisk.ie and consequently, Independent Financial Consultants. The quality of service they provide is paramount to us and they have even rolled out a programme for our staff so as to allow them to engage with a Financial Advisor, several times a year in each of our offices. This has boosted staff morale in our companies and the feedback that we have received from our employees is that they feel we are giving something back to them.”
Paul Fitzsimons, Phibsboro Dental
“I have been a client of Ivor and IFC for the last eight years and have dealt with them in relation to my Life Assurance, Pensions & Investment requirements. There is an ease of contact and they are most helpful and provide an excellent service.”
Shay, Venture Network
“We at Venture Network, have been considering and reviewing additional benefits and affinity schemes for our members. One of these was in the area of collective insurance. David Crowley from GroupRisk.ie put together a comprehensive document which explained the benefits of Group Risk Cover. Having taken the product to the market for pricing, David gave us some very competitive options, and also provided an online option which will give ‘financial services’ members the option to include this service as part of their personal portfolio. In such a competitive climate, combining quality service, an efficient underwriting process and competitive pricing is what company owners are looking for. We wish GroupRisk.ie and their parent company IFC Finance the best of success.”
Eugene Davy, Hayes Solicitors
“IFC arranged our Group Risk policy and saved us so much time and money. We already had our risk benefits with a leading Irish insurer, IFCFinance.com stripped the scheme out of our Pension plan, shopped it around the marketplace and for the same cover they saved us over 40% on our existing premium. They are very professional and efficient, we will certainly recommend their service to any other potential client.”