Group risk benefits are designed to protect employees and their families in the event of long-term illness or death while working. The cost of group risk schemes is paid for by the employer as an additional benefit to employees. This benefit is highly valued by employees and is a great, cost-effective way to demonstrate that employees are valued by their employer.

Our position as a broker allows us to research the market and secure competitive quotations. We then put the cover in place in conjunction with the employer. Group risk benefits available to employers include:

  • Death in Service – Lump sum pay out in the event of death of an employee

  • Spouses Death in Service Benefit – Income benefit for the spouse or dependant in the event of death of an employee

  • Income Protection – This benefit pays your employee for a prolonged period of time if they are unable to work due to illness or injury

We advise on the level of cover required as well as ensuring that you are utilising the most suitable products for your business.

Corporate Pensions

Co-Director Insurance

Business Protection

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Our Partners

TESTIMONIALS

My initial meeting with Darach was as a Lecturer in LIT who will have less than 40 years- service at retirement.  After a completing a review, I had a clear understanding of how my pension worked and how best to optimize it going forward.

I have found Darach to be very friendly, knowledgeable, no way pushy and quite transparent in his recommendations. I would strongly urge you to have that initial consultation. My experience of Honan Financial Services has been a very positive one both personally and financially.

Tim Galvin , Lecturer, Limerick Institute of Technology

I was looking for alternatives to saving in the bank as there was little to no growth to be had in their savings accounts. Honan FS made it very easy to invest in a multi asset fund which meets my long-term goals. I’d recommend Honan FS to anyone looking for advice on any aspect of their financial planning.

Sean, Business Development Manager

When taking out our mortgage we were offered mortgage protection by the bank. After a review with Darach we found a policy which was more comprehensive and better value for money. We were also able to optimize our savings through a regular savers policy which has achieved far better returns than what was on offer with the bank.

Anthony O’Halloran, Director, Deloitte

At the start of 2021 we both decided to do a health check on our financial status. We both had occupational pensions schemes left from previous employers and we reached out to Darach for assistance and advice on transfer options. Darach was excellent in helping us map out our future financial needs , determining our outlook to risk , providing sound financial advice and discussing best performing options to suit us

Darach dealt on our behalf with the previous pension providers and their associated agencies and the whole process we felt was very professional and a seamless transaction to us. Because of interest rate returns on bank deposits /post office being virtually zero and essentially loosing money on deposit we also seeked advice on alternative investment products for the mid to long term.

We were looking for products that gave a good rate of return and that we could lock away for 10 years plus to help with education funding. Both requirements were met very professionally by Darach and his team. We are both very happy we reached out to Darach . The only regret was we didn’t do this a few years earlier but better late than never.”

Gerard & Niamh O’Grady, Private Clients
Darach has looked after my pension for a number of years and once he setup Honan Financial Services, it was an easy decision to move my pension / financial planning with him. Darach continuously demonstrates a thorough and rigorous approach to customer service and his clients individual’s needs. He is thoroughly professional, exceptionally friendly and the best in the west in my opinion. I would highly recommend him to all.
Shane Murphy, Private Client