CWU Group Life Cover PlanDocuments Terms of Business Up to €90,000 Life Cover The most competitive life insurance available – with improved benefits With half of all CWU Members in the scheme, please check your payslip to make sure that you are covered:Deduction code on your payslip:_____ An Post – AVC Life_____Eircom – Group VC_____Vodafone – Group VCREASONS TO JOIN…Half of all CWU members are already enrolledIt can be deducted weekly and budgeted from salaryCost is the same for all ages, even if a smokerLife cover is for all of your children from age 1 up to age 21Complete a special shortened application form BENEFITS AND COVERIn-Benefit Member Cover Full In-Benefit Member Cover is based on the following age structure: Age 18-34 years is €100,000 Age 35-44 years is €100,000 Age 45-54 years is €85,000 Age 55-64 years is €75,000 Age 65-66 years is €17,500In Benefit Spouse Cover Cover is based on the following age structure: Age 18-34 years is €100,000 Age 35-44 years is €100,000 Age 45-54 years is €75,000 Age 55-64 years is €65,000 Age 65-66 years is €17,500 (Included free of charge is €10,000 Life Cover and €10,000 Accidental Death Cover for children aged 1 to age 21)For Members of Retired Members Branch of the CWU Cover is based on the following age structure: Age 18-34 years is €30,000 Age 35-44 years is €30,000 Age 45-54 years is €25,000 Age 55-64 years is €25,000 Age 65-69 years is €17,500 Age 70-74 years is €12,500 Age 75-79 years is €7,500For Members who are Not Members of the CWU Retired Members Branch of the CWU Cover is based on the following age structure: Age 18-34 years is €25,000 Age 35-44 years is €20,000 Age 45-54 years is €20,000 Age 55-64 years is €20,000 Age 65-69 years is €10,000 Age 70-74 years is €7,500 Age 75-79 years is €5,000PREMIUMS Members from age 18-34 years Premium is €2 per week less Tax Relief. (Net cost @ 40% = €1.2). Spouses from age 18-34 years Premium is €1 per weekMember and Spouses from age 35 to 64 years :- Members is €3.89 per week less Tax Relief. (Net cost @ 40% = €2.33). Spouses is €3.46 per week. Including Children’s Life Cover of €10,000 (ages 1 to age 21).Member and Spouses from age 65 to 79 years :- Members is €5.05 per week Spouses is €4.04 per weekELIGIBILITYIf you are a member of the CWU aged under 60 yrs, you are eligible to apply.COVER FOR NEW ENTRANTSCover is confirmed on receipt of your confirmation of cover letter from Irish Life which is issued to all newly enrolled Members.PLAN BENEFITSIn the event of your death, your current sum insured value will be paid to your Estate or Dependents.PLAN COST & TAX RELIEFBecause this Scheme is exclusively for CWU members, a very attractive rate of €3.89 per week for the member and €3.46 per week for the spouse has been negotiated. This can be deducted directly from your salary/wages or paid by Bankers DD.The Scheme qualifies for Tax relief, so if you are paying tax at 40% the net cost of this Cover is as low as €2.33 per week.CESSATION OF COVERCover will cease if one or more of the following arise:-1Payment of premiums is discontinued2You cease to be a member of the CWU3You pass the age of 65. You can transfer into the Over 65 Group Life Cove Scheme –Click for Details >>CAREER BREAKCover can be maintained during a career break provided the premiums are paid.HALLIGAN INSURANCES should be contacted one month in advance of career break giving full details of the circumstances and a decision will then be obtained. The maximum duration of a career break allowed during which cover may be maintained is one year.Your Union is committed to providing you with the best possible cover at the lowest rate available. If you would like further details on this or other Schemes, please ask your Union Representative or contact Halligan Insurances.The CWU Group Life Insurance Scheme is arranged by Halligan Insurances. Enquires please call: 01 879 7100. Halligan Life & Pensions Limited t/a Halligan Insurances, Good Insurance is regulated by the Central Bank of Ireland.