Following renewal of the group insurance scheme with our insurance partners, George Burrows, we would like to bring to your attention some important changes for subscribing retired officers that will take effect from 1 April 2018.
We are pleased to advise you of the following enhancements to the travel insurance policy:
New - ‘Car Hire Excess Waiver cover’: insurers will pay up to £1,000 for any monetary excess in respect of loss or damage to a rental vehicle whilst on holiday.
New - Cover extended to include members who reside in the EU
We always try to avoid premium increases however due to very high usage and poor claims experience since last renewal, it has been necessary to increase the premiums for all members as detailed below:
| Category/scheme | Current Premium | From 1 April 2018 |
|---|---|---|
| Retired Officer under age 65 | £18.16 | £25.45 |
| Partner | £13.55 | £18.75 |
| Retired Officer aged 65-69 | £14.15 | £15.80 |
| Partner | £11.03 | £12.07 |
*The premiums include Insurance Premium Tax (IPT) and the Federation’s administration fees
As your premium is payable by pension deduction, the monthly amount will be automatically adjusted by your pension department.
The scheme still represents excellent value for members and the new booklet, outlining the cover included, is now available to view/download from the Federation website.
If you have any queries or would like to revisit your beneficiary details please do not hesitate contact us: Email: info@staffordshire.polfed.org Tel: 01785 242215
