CAFNBO Retired Members' Life Cover Plan

Financial support for your loved ones

Call us on (01) 408 4195

What is the Group Life Plan?

In the event of your death, financial support may be a significant issue for your family. Mortgage payments, day-to-day living expenses, credit card bills and so on, will still have to be met by those you leave behind. This is why the benefits of the CAFNBO Retired Members' Life Cover Plan are so valuable for CAFNBO members.

Members' Benefit

If a member of the plan dies, a lump sum will be paid.

Age band
New benefit per life insured **
40-59
€43,000
60-64
€31,000
65-69
€26,000
70-74
€18,000
75-84
€9,000

**This benefit is applicable to all members from 1st April 2018.

How much does the plan cost?

Cornmarket and CAFNBO work together to secure the best price and benefits for members. When it comes to cost, you benefit from the group purchasing power of the CAFNBO.

The cost of membership is €25 per month for members or €50 per month for member and spouse/partner cover.

You will be automatically entered into the Plan by CAFNBO if you were paying your GANBO & GACBO membership through your Defence Forces Pension and you reach the ceasing age or the retention date for your GANBO/GACBO Cover.

Why choose Cornmarket?

Cornmarket negotiate with insurers to obtain the most competitive rates and to secure the best possible benefits for members.

Retired Members' Life Cover

People are living longer, which puts more financial pressure on their retirement. For this reason, they need a level of Life Cover to make sure their loved ones are financially secure if they die and are no longer there to take care of them. The CAFNBO Retired Members’ Life Cover Plan provides this vital peace of mind and financial security.

What's more, GANBO & GACBO members are automatically entered into the CAFNBO Retired Members’ Life Cover Plan, without medical underwriting, if they:

• reach the ceasing age or the retention date for their GANBO/GACBO Cover and

• were paying their GANBO & GACBO membership through their Defence Forces Pension

Call us on (01) 408 4195 to find out more

This plan is underwritten by Irish Life. Irish Life Assurance plc is regulated by the Central Bank of Ireland.