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Protection Products

Group Life Assurance and Income Protection

Whether a company needs life assurance for its employees or each employee needs protection on their income due to illness from work we have a number of products that will cover these needs. Our protection product range includes group life assurance cover and income protection.

We also offer voluntary risk products to unions, representative bodies and large employers with at least 800 members or employees. Once these schemes are set up, each member has the option of the cover available.

Group Risk - what makes us different

Choosing Irish Life Corporate Business as your risk provider brings you peace of mind in uncertain times. We have a deserved reputation for bringing quality service and a customer-focused attitude to our group life and income protection business.

Group Risk is not something we have just started to take an interest in since the last few years. We’ve been at this business in a serious way since the 1970s. Our largest group scheme (and the largest in the country at €17m annual premium as at January 2010) has been on our books continuously since 1976.

5 reasons to be with Irish Life Corporate Business

Service Excellence

We have been rated No.1 in the annual Customer Service and Administration Survey conducted by Millward Brown Lansdowne (an independent market research company). The overall gap to the next closest provider increased to 7% last year.

Ongoing investment

We have installed a new, world-class income protection claims management system. This €6 million+ investment will allow us improve even further our ability to actively service claimants and pinpoint rehabilitation opportunities.

Scale and security

Irish Life Assurance plc are the largest risk provider in the State and we paid out over €250 million in protection claims in 2009 to 5,000 families. Our solvency ratio (increased to 176% at December 2010)provides deep security. Source: Irish Life.

Experience

Over half our staff have more than 10 years experience with us. 50% have a professional qualification with another 10% in progress.

Advanced Underwriting

With some of the highest free cover limits in Europe and full income protection benefits provided with no health questions or medicals at all on larger schemes, we aim to be as hassle free as possible for executives in our schemes under our Freedom Plans and Once and Done initiatives.

Whether you are an existing client, thinking of making the move to Irish Life Corporate Business or if you want to discuss any part of our group protection offering, contact our Senior Product Manager Shane O’Farrell on 01 704-2869 or shane.ofarrell@irishlife.ie.


 

Irish Life Assurance plc is regulated by the Central Bank of Ireland.

In the interest of customer service we may record and monitor calls. Irish Life Assurance plc, Registered in Ireland number 152576, Vat number 9F55923G.

Irish Life Assurance is part of the Irish Life and Permanent Group. Registered office is situated at Irish Life Centre, Lower Abbey Street, Dublin 1.

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