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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

  • “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 seems 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

  • “Outstanding”

    What a pleasure to be able to comment on the outstanding difference your company has made to the management of the rather complex insurance portfolio I presented. I was shocked to find after your initial review that I had been paying some insurances for years that would never have been paid out should I have a claim and this included a house in a bushfire zone. The courteous interactions with your professional staff are always helpful, and even enjoyable. Thank you

    Prof. Robert Clancy, AM

  • “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

  • “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

  • “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

  • “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

Get the right advice. Personal & Professional.

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