This circular is to inform members of a rise in the monthly subscription of the Group Insurance Scheme. The monthly premium will rise from £20.95 to £21.25 from 01st October 2018, a rise of 30 pence.
The only other change to the group insurance policy is an introduction of a £25.00 excess on home emergency call outs.
However, Phillip Williams, our Group Insurers, are convinced that when comparing the scheme against other insurance one needs, there is a fundamental saving which members could benefit by cancelling those insurances incorporated within the group cover.
The DPF would like to remind members that Phillip Williams also supplies spousal cover with regards life insurance. For as little as £6.50 a month, members can insure their partners for £50,000.00
Please find attached a small spread sheet (ANNEX A) detailing the services provided by Phillip Williams and the Group Insurance Scheme.