Services

About Us

Display Name 2

Group Insurance Cover

Group Insurance is a cost-effective way to offer insurance protection to a team of employees or members under a single policy. Often used by businesses, associations, or organisations, it provides peace of mind for employees and their families while showing that you care about their well-being. Whether it’s Life Insurance, Trauma Cover, Income Protection, Medical Cover, or a combination of benefits, Group Insurance can help provide financial security to your people if the unexpected happens.

How does it work? Group Insurance provides cover for multiple people under one master policy, which can be tailored to include specific types of protection, such as Life Insurance, Total and Permanent Disability Cover, Trauma Cover, and/or Income Protection. Depending on the size of the group and the type of cover, underwriting requirements may be reduced or waived altogether, making it easier and faster to get insured. Available to organisations with five or more employees, Group Insurance can be fully funded by the employer, split between employer and employee, or offered as a voluntary benefit. It’s a practical way to help attract and retain good people, support their financial well-being, and reduce business risk at the same time. Our insurance advisers work closely with businesses to tailor Group Insurance plans that suit your team’s needs, goals and budget.

FAQs

What is Group Insurance?

Group Insurance is a type of policy that covers a group of people, usually employees of a business, under one plan. It can include a mix of cover types, such as Life Insurance, Medical Insurance, Trauma Cover, Total and Permanent Disability Cover or Income Protection.

Who can get Group Insurance?

Group Insurance is available to businesses and organisations with five or more employees.

What are the benefits of offering Group Insurance?

Group Insurance can help provide peace of mind to employees and their families while also helping businesses attract and retain staff, reduce the financial impact of illness or injury in the workplace, and offer a valuable employee benefit.

Who pays for the cover?

It’s flexible. Some employers choose to pay the full premium as part of their employee benefits package, while others offer it on a shared-cost or voluntary basis. Your adviser can help structure the plan to suit your business.

Do employees need to go through medical underwriting?

It depends on the size of the group and the level of coverage, but one of the key benefits of Group Insurance is that underwriting is often limited or waived, making it easier and faster to get covered.

Is Group Insurance tax-deductible?

In many cases, premiums paid by a business for Group Insurance are tax-deductible, but it’s best to speak with an accountant or tax adviser to understand how it applies to your situation.

Get in touch with Contact Person Name

Location

 Call

 Email

 Make a booking

The information provided on this site is on the understanding that it is for illustrative and discussion purposes only. Whilst all care and attention is taken in its preparation any party seeking to rely on its content or otherwise should make their own enquiries and research to ensure its relevance to your specific personal and business requirements and circumstances. Terms, conditions, fees and charges may apply. Normal lending criteria apply. Rates subject to change. Approved applicants only.
 

   Services

Display Name 1

Connect with Contact Person Name