Protection > Group Protection

Group Protection

Group Protection is where one single Life Cover and/or Income Protection policy covers a group of people – typically the employees of a business or members of a representative organisation, such as a trade union or professional body.

Group Protection can be a very important and attractive employee benefit, helping to build employee loyalty at the same time as providing them with cost-effective protection.

As one of Ireland's leading providers of Income Protection and Life Cover products, Friends First have been providing large and small companies with Group Protection solutions for many years.

Key features of a Friends First Group Protection plan are:

  • Competitive Pricing: Significant savings over individual policies
  • Certainty of cost: Rates are guaranteed for 3 years
  • Unique and creative product features, including Continuation Option provided as standard
  • Member focused claims management and rehabilitation philosophy
  • Simplified administration
  • Corporate paid and individually paid options
  • Tax benefits – premiums may be allowable against tax

Corporate arrangements

Friends First offers solutions to employers who wish to cover their employees as part of their employee benefit package. Our experience and expertise allows us to offer a streamlined service, as well as competitive and innovative solutions.

Voluntary arrangements

Our Group Voluntary solution is particularly attractive to trade unions and representative bodies. Members of such schemes benefit from a group rate, with minimal underwriting, to supplement life cover or to take advantage of income protection at competitive prices.

Underwriting

Our Group Protection offering is based on the concept of a simplified method of administration. At the core of this proposition is a straightforward method of acceptance of the majority of cases at ordinary rates, with the number of members requiring underwriting kept to a minimum.

For more information, please contact your Financial Adviser or contact Friends First Direct on 1890 201 430. Alternatively, you can contact us online.




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