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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

  • “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

  • “A natural part of our business”

    I have had a relationship with Ian Jones Insurance for many years now. They feel like a natural part of our business to be involved with

    Mez Sheehan, Managing Director, MPM Group of Companies

  • “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

  • “Trouble Free”

    Our dealings over the past 20 years with Ian Jones Insurance Brokers has been completely trouble free which, to our business, is paramount. Insurance can be time consuming and one of those business transactions that requires total trust and they give us 100% confidence in their professionalism and knowledge

    Dr Ed Kosy, Director, ABC Orthodontics

  • “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

  • “We would never change Insurance Companies.”

    Many thanks Kai. As always, I really appreciate your quick response and assistance with anything to do with our Insurance. For that reason alone, we would never change Insurance Companies.

    Eileen McIntosh, Coastal Flooring Xtra

  • “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

  • “Pleasant & professional”

    Just a quick note to say how much I appreciated the attention to my insurance renewal by your employee at Raymond Terrace office, Kai Cameron. It was only a matter of hours before he got back to me with a better price for my house and contents insurance which I was pleased to accept. I just wanted to tell you that I found Kai to be a very pleasant and professional, a credit to your office.

    Andrea Waddell

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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