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Group Life Insurance

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Group Life Insurance is the same policy as term life insurance and income protection but written for a group of people within an organisation or collective.

It is used to provide the same policy benefits as described for an organisation but under a single policy.

What is Group Life Insurance?

Group Life Insurance is the same policy as term life insurance and income protection but written for a group of people within an organisation or collective. It is used to provide the same policy benefits as described for an organisation but under a single policy.

Why should my business have it?

Group life insurance, whether it be for life insurance cover or income protection is a great way to build employee loyalty or attract employees and may be used as a salary package incentive providing financial security for employees and their family. Some outstanding benefits of an employer effecting such a policy is considerable savings in the cost of the insurance as the policy attracts far better premium rates, there is no medical underwriting and the administration is simplified.

What are the benefits of Group Life Insurance?

The main benefit for each party is that in the event of a claim, the employee has confidence in knowing they, or their family, are protected financially. If a situation arises where a serious injury or illness occurs the employee has comfort in knowing they have a regular income through to retirement age if necessary and the employer has comfort in knowing that the employee will be financially secure especially if the length of the absence may only be a few months or a year or so as sick leave, long service and holiday leave may be preserved and the ethical responsibility of the employer is made easier.

What our clients say

  • “Fantastic to deal with”

    They’re fantastic to deal with. We would always recommend that other businesses give them a go because they make insurance easy

    Brett Young, Director, Miraclereach Pty Ltd

  • “Strongly recommended”

    It's refreshing to see someone who takes a great deal of interest in our business to ensure that they get the complete picture of what we do. Ian Jones Insurance Brokers seem to go that extra mile to make sure that we know what we have and how it needs to be protected. We would strongly recommend dealing with Ian Jones Insurance

    Josh Ferris, Director, Ferris Building Pty Ltd

  • “We saved a lot of money”

    We were delighted with the service we got from Kai at FloorInsure Insurance. Not only was everything dealt with promptly and efficiently but we saved a lot of money as well. We would recommend them to anyone and look forward to a long association with this company

    Eileen McIntosh, Chaz Floors and Blinds

  • “Courteous, friendly and professional”

    Every time we need to call and get some insurance advice or assistance, we get the answer to what we need to know, efficiently and in a courteous, friendly and professional manner. That's why we have insured our business and other assets with Ian Jones Insurance Brokers for the past 10 years

    Craig Young, Director, Windsor Products Pty Ltd

  • “Easy to understand terms”

    It’s great to have someone providing insurance product information with great knowledge….even better when they can spell it out to you in easy to understand terms

    Brad Jones, Director, Admix Media.

  • “Cover your Assets”

    You don't usually give a great deal of thought about insurances that you have until the worst happens, then it's all you think about. The advice we get from Ian Jones Insurance Brokers makes it obvious that they have done the thinking for us. They have enabled us to recover from losses over the years that bring comfort in knowing that they have done what their catch phrase states - Cover your Assets

    Sam Miranda, Sam Miranda of King Valley Pty Ltd

  • “The right information to make the right decision”

    The people at Ian Jones Insurance Brokers will always let you know what insurances are suitable to your particular situation so at least you know what you can do about it with the right information so as we can make the right decision

    Peter Sutherland, PJS Plumbing Pty Ltd

  • “Always do a great job”

    Carmen, I appreciate all your help. I must say since I've had all my insurances with you, how happy I am with the service provided. You always do a great job. Many thanks

    Dietmar Lederwasch

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We know what matters and how to determine a true, fair and affordable premium and with access to just about every life insurance company at our fingertips we are well placed to ensure the best possible outcome