Risk & Protection
It’s so important to plan for your financial future so you can maintain a certain standard of living. We offer you access to a range of benefits and services that can help you achieve security for yourself and your family.
Personal Accident Insurance
Through this benefit you will receive a lump sum payment should you die or suffer permanent total or partial disablement due to an accident, subject to acceptance of the claim by the insurer. The payment can be used for any purpose, helping you and your family adjust to your altered circumstances.
Personal Accident Insurance
Cover is purchased in units of €25,500 and you have the option of selecting up to a maximum of 10 units (i.e. €255,000). You can include your spouse and children for a little extra cost. Child benefits are half the adult benefits except for Accidental Death, which is limited to €3,200 irrespective of the number of units purchased.
Good to know: All HPE team members and their families are guaranteed acceptance into the plan irrespective of their state of health. No medical examination is required and no health questions are asked on enrolment.
Detailed information and policy documents for this benefit are available inside your myChoice account. Make sure you're aware of the eligibility guidelines, benefit limitations and exclusions before signing up.
Life Assurance
This benefit is payable as a lump sum to your dependants in the event of your death whilst employed by HPE, paid at the discretion of the Trustees of the Life Assurance scheme.
Before your Life Assurance selections can be accepted and confirmed by the provider, you will be required to complete additional declarations inside myChoice (e.g. confirming you're 'Actively at Work').
You may also be required to complete additional underwriting checks (e.g. application form, tele-interview and in some cases medical review). Aon representatives will contact you with guidance on these steps and send three reminders. Failure to respond to these requests will result in cancellation of your myChoice selection.
Your selections will be confirmed and accepted by the provider only once the above declarations and underwriting checks have been completed. Salary sacrifice deductions may continue during this interim period, and any relevant adjustments will be made after the provider confirms the outcome of your underwriting check.
Life Assurance
Standard:
4 x Annual Base Salary/OTE
Flexibility:
Decrease to 3 x Annual Base Salary/OTE
Decrease to 2 x Annual Base Salary/OTE
Death-in-Service Pension
This benefit is paid to your dependants in the event of your death whilst employed by HPE, paid at the discretion of the Trustees of the scheme.
Before your DISP selections can be accepted and confirmed by the provider, you will be required to complete additional declarations inside myChoice (e.g. confirming you’re ‘Actively at Work’).
You may also be required to complete additional underwriting checks (e.g. application form, tele-interview and in some cases medical review). Aon representatives will contact you with guidance on these steps and send three reminders. Failure to respond to these requests will result in cancellation of your myChoice selection.
Your selections will be confirmed and accepted by the provider only once the above declarations and underwriting checks have been completed. Salary sacrifice deductions may continue during this interim period, and any relevant adjustments will be made after the provider confirms the outcome of your underwriting check.
Death-in-Service Pension
Standard:
25% of Annual Base Salary/OTE
Flexibility:
Increase to 33% of Annual Base Salary/OTE
Opt Out to 0%