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Group life Cover for CAFNBO Members

Peace of mind for you and your loved ones

GANBO & GACBO Group Life Cover for CAFNBO Members & their Spouses

Should you die in service, the issue of financial support may become very important for your family, at an already difficult time. Day-to-day living expenses, credit card bills, loans, etc. will still have to be met by those you have left behind.

The GANBO & GACBO Group Life Cover for CAFNBO members and their spouses is a beneficial, cost-effective and hassle-free life cover solution which provides your family with a substantial financial benefit in the event of your death, and peace of mind for you that your loved ones will be taken care of.

Amount of benefit

Death Benefit: A tax-free lump sum of €165,000 at the date of death is paid.

Spouses’ Death Benefit: A tax-free lump sum of €165,000 is payable on the death of a spouse.

Children’s Death Benefit: A tax-free lump sum of €5,000 is payable on the death of a member’s child (up to 21 years of age).

Accelerated Terminal Illness Payment

In the case where a member is diagnosed with a terminal illness with death expected within 12 months*, the Scheme will make an advance payment of up to 40% of the benefit payable under the GANBO/GACBO Scheme. This facility applies to serving members and their spouses only.

How much does it cost?

The GANBO Scheme for CAFNBO members: €7.33 per week

The GACBO Scheme for members’ spouses’: €5.38 per week

Total cost of Scheme is: €12.71 per week.

For more information, go to www.cafnbo.com

Review 2017

The 2017 review of the Plan has taken place. All changes to the Plan will take effect from the 1st January 2017 and the revised terms are guaranteed until 1st January 2020. Please use the link below to access the review document:

The GANBO & GACBO Group Life Cover Plan Review 2017

 

*In the opinion of an attending consultant and the insurers, Friends First. Terms and conditions apply.
Friends First Life Assurance Company Ltd. is regulated by the Central Bank of Ireland.

How to join

The GANBO & GACBO Scheme is open to all members of CAFNBO and their spouses/partners

To join today, complete a membership card and submit it to the address below.

A nominated beneficiary is not legally binding on the trustees of CAFNBO who administer the payment of benefits which arise on death. If you wish to change your beneficiary, simply complete a New GANBO Card (Blue Card) and mark it ‘Change of Beneficiary’ on top. Address: Secretary CAFNBO, CAFNBO House, 33 Infirmary Road, Dublin 7.

Please note: A beneficiary is the person (or persons) nominated by you on your membership card.

How to make a claim

For change of beneficiary or notification of death, contact CAFNBO:

Tel: (01) 671 1841
Email: cafnbo@eircom.net
Website: www.cafnbo.com
Write to: CAFNBO, CAFNBO House, 33 Infirmary Road, Dublin 7.
 

For more information, go to www.cafnbo.com


Friends First Life Assurance Company Ltd. is regulated by the Central Bank of Ireland.