SOLAS Group Life Plan

Financial support for your loved ones

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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 SOLAS Group Life Assurance Plan are so valuable for SOLAS employees.

Members' Benefit

If a member of the Plan dies, a lump sum of twice annual salary will be paid.

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How much does the Plan cost?

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

The cost of membership is 0.83% of salary, and your premium is eligible for tax relief.

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 Cornmarket Retired Members’ Life Cover Plan provides this vital peace of mind and financial security.

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The SOLAS Group Life Assurance Plan is underwritten by Friends First Life Assurance Company dac. Friends First Life Assurance Company dac is regulated by the Central Bank of Ireland. Irish Life Assurance plc is regulated by the Central Bank of Ireland.