PUBLIC SERVICE STAFF TO GAIN FROM NEW ILLNESS COVER PLAN

Public Service Friendly Society opens scheme to new members for limited period

The Public Service Friendly Society recently upgraded its Specified Illness Group Plan to the 30,000 staff of Ireland's civil and public service.

Staff were urged to take advantage of the exclusive benefits available through this initiative.

"The Public Service Friendly Society has been helping people in the Civil Service
who may be in a tight spot for whatever reason - since 1927"

 

We launched our Specified Illness Plan in 1999 to provide low-cost cover exclusively for PSFS members, their spouses/partners and children

To date, the Plan has paid out over €1.5 million to members who have been affected by one of the 26 illnesses covered.

"82% of these payments were to members under 49 years of age."

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MORE BENEFITS FROM EXPANDED SCHEME

Declan O'Brien (PSFS Executive Director) said "In response to requests from our members, we have negotiated an increased level of benefits as well as adding cover for 5 new illnesses to the plan".

"We urge all members already in the Plan to take full advantage of this opportunity to increase their level of protection" he said.

"If you're not in the Plan, now's the time to join" Declan O'Brien said "since we're also
opening the Plan to all Public Service Friendly Society members for a limited period".

The Specified Illness Group Plan benefits are exclusive to members of the Public Service Friendly Society. "If you aren't a member of the PSFS you can join immediately and get these unique Illness Benefits right away" Declan O'Brien said.

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LOW COST, TAX-FREE BENEFITS OF EXCLUSIVE ILLNESS PLAN

Option 1: Pays you €16,000 tax free lump sum for only €3.74 per week.

For you and your spouse/partner, it costs only €7.48 per week.

Children (aged 1-21) automatically covered for €8,000 - FREE

Option 2: Pays you €9,600 tax free lump sum for only €2.24 per week

For you and your spouse/partner, it costs only €4.48 per week

Children (aged 1-21) automatically covered for €5,000 - FREE

Option 3: Pays you €20,000 tax free lump sum for only €4.67 per week.

For you and your spouse/partner, it costs only €9.34 per week.

Children (aged 1-21) automatically covered for €10,000 - FREE

Option 4: Pays you €25,000 tax free lump sum for only €5.84 per week.

For you and your spouse/partner, it costs only €11.68 per week.

Children (aged 1-21) automatically covered for €7.500 - FREE

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WHAT'S SO SPECIAL ABOUT THE PLAN?

Low cost - significantly cheaper than buying the cover on your own.

Guaranteed acceptance - no detailed medical questions or lengthy application form.

Equality - same cost for all irrespective of age, gender, smoker/non-smoker.

Convenience - cost deducted directly from your salary.

Tax Free Benefit - paid directly to you.

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PUBLIC SERVICE EMPLOYEES URGED TO JOIN

"It's a sobering fact that you are four times more likely to suffer one of the 26 serious illnesses covered in our Plan before the age of 65 than you are to die" Declan O'Brien said.

Statistics show that increasing numbers of people are surviving and recovering from serious illnesses

  • 65% of heart attack victims will be alive 5 years later
  • 90% of stroke victims will be alive 1 year later
  • 41% of cancer victims will be alive 5 years later
  • The most common illnesses are cancer, heart illnesses and stroke

Clearly it makes very good sense for everyone in the public service to take advantage of all of the benefits of the newly extended Specified Illness Group Plan from the Public Service Friendly Society.

We simply don't know when we might need it.

For further information, please contact: Lyons Financial Ltd (01) 801 5808