Group Insurance Schemes are an effective way for organisations with a group of members, to leverage their group buying power and negotiate high quality, tailored insurance policies, at reduced rates.
At Coverforce, we are proud to manage group insurance schemes for many well known groups throughout Australia including LJ Hooker, Anytime Fitness and Community Colleges Australia.
What are the benefits of a Group Insurance Scheme?
Group Insurance Schemes provide a fantastic membership benefits for members of associations, institutes, industry bodies and franchise groups.
These benefits can include:
- Larger buying power which helps to reduce premiums without the need to compromise on quality
- Specifically tailored insurance policies to meet the needs of your members. This eliminates paying for unnecessary cover, and helps to further reduce premiums
- An additional membership benefit for your organisation
- Combined claims history helps to lower risk to the insurer and therefore assists in lowering premiums
Why Choose Coverforce to manage your Group Insurance Scheme?
Coverforce are recognised as market leaders in the establishment of Group Insurance Schemes.
We work hard to negotiate policies of unrivalled quality and value for our clients.
Service
When your members purchase a Group Insurance policy they will be provided with the direct line to their personal insurance broker, who will be on hand throughout their policy period to provide professional risk advice should they need it.
Claims
In the event of a claim under a Group Insurance policy your personal insurance broker along with our dedicated in-house claims department, will work directly with the insurer on your members behalf to ensure that all entitlements due are paid without unnecessary delays.
Marketing
The more participants in any scheme the greater the benefits become - that's why we engage our internal marketing team to assist us in getting the message out to members.
Depending on your individual groups needs we can assist with emails, flyers and websites to help your members understand the benefits of participation.
Contact Coverforce
Establishing an insurance scheme is generally a very quick and simple process with no set up fees or costs over and above your regular policy premiums.
Contacting an insurance broker like Coverforce who specialise in establishing Group Insurance Schemes is a great start as our brokers are able to walk you through the process and get you a great result for your members.
For more information or to arrange cover, please contact our specialised team at our Coverforce Office.
Alternatively, you can simply fill out a Quote Form below and one of our insurance brokers will get in touch with you within one business day.