CWU Group Life Cover Plan
Documents
Terms of Business
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Up to €100,000 Life Cover
The most competitive life insurance available to CWU Members and Partners


A majority of CWU Members and their Partners have joined the scheme.

REASONS TO JOIN…

  • In-Benefit members get Income Tax Relief on own premiums.
  • It can be deducted from salary (with automatic tax relief), for members in An Post, eir and Vodafone.
  • No extra cost for ages 35 to 64.
  • No extra cost for smokers.
  • Life cover is for all of your children from age 1 up to age 21.
  • Complete a special shortened application form.
BENEFITS AND COVER
In-Benefit Member 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 €85,000
Age 55-64 years is €75,000
Age 65-66 years is €17,500

In 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)

Members of Retired Members Section (RMS)
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 €7,500

For Members who are Not Members of the RMS
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 €5,000

PREMIUMS
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 week

Member 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 week

Benefits to Be Reviewed on 1st Sep 2022

ELIGIBILITY
If you are a member of the CWU aged under 60 yrs, you are eligible to apply.
COVER FOR NEW ENTRANTS
Cover is confirmed on receipt of your confirmation of cover letter from Irish Life which is issued to all newly enrolled Members.
PLAN BENEFITS (PAID TAX FREE*)
In the event of your death, your current sum insured value will be paid to your Estate or Dependents.

*Further information on request.

INCOME TAX RELIEF
The Scheme qualifies for Income Tax relief on In-Benefit Members own premiums. So if you are paying tax at 40% the net cost of this Cover is as low as €2.33 per week.
CESSATION OF COVER
Cover will cease if one or more of the following arise:-
1Payment of premiums is discontinued
2You cease to be a member of the CWU
3You pass the age of 65. You can transfer into the Over 65 Group Life Cove Scheme –

Click for Details >>

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 on [email protected] or by calling 01-8797100

Enquires please call: 01 879 7100.


Halligan Life & Pensions Limited, t/a Halligan Insurances, Good Insurance is regulated by the Central Bank of Ireland.

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