Consumers could be better off by more than €900, including up to €400 cashback, by simply switching their health insurance and other policies to insurance giant Hibernian Aviva before 28 February 2009.
Consumers could be better off by more than €900, including up to €400* cashback, by simply switching their health insurance and other policies to insurance giant Hibernian Aviva before 28 February 2009. The country's largest insurer, Hibernian Aviva, has today launched the "Match More, Make More" offer to coincide with the busy January and February period when hundreds of thousands of consumers renew or purchase their health insurance.
The €400 cashback is paid directly to consumers to spend the money on whatever they choose once they've held their policy for three months after taking it out. On top of the €400 cashback, a typical family could save over €500 when switching their health insurance from the widely used VHI Plan B Options to the equivalent product "We Plan" level 2 from Hibernian Aviva Health.
Commenting on the offer, Jim Dowdall, managing director of Hibernian Aviva Health, said: "Value for money is more important now than it has been for many years in Ireland and Hibernian Aviva's Match More, Make More offer puts hard cash back into consumers' pockets. We're giving customers up to €400 cash and that's on top of the significant saving they'll make by simply switching to us. At a time when money is tight, this offer represents an easy saving as it's simple to switch - consumers just need to give us their current details and we do the rest - no hassles, no fuss, just savings, cashback and great health insurance."
Customers who avail of the "Match More, Make More" offer and switch health insurance provider can be reassured there will be no break in cover, no new exclusions and no re-serving of waiting periods when switching from comparable benefits. Hibernian Aviva Group launched its health insurance arm in June 2008 and has already built a substantial presence in the health insurance market with almost 200,000 customers. The group, owned by one of the world's largest insurance companies, Aviva plc, has approximately 1.2 million customers in Ireland across its general insurance, health insurance and life & pensions businesses.
Hibernian Aviva Health aims to provide consumers with access to the best value for money health insurance products available and offers a range of five hospital plans with access to more hospitals and treatment centres than any other provider. It is also spearheading the Axe the Levy campaign (www.axethelevy.com), seeking consumer support against the levy introduced by government on all holders of private health insurance. The vast majority of the levy collected will be used to subsidize the VHI, which last year made profits of €112m. However Hibernian Aviva Health intends to refund payment of the levy to customers if the Axe The Levy campaign is successful in preventing the Government from collecting the funds.
Consumers can switch their policy and find out more about Hibernian Aviva Health by calling their broker or financial advisor, calling into any one of Hibernian Aviva's 27 branches throughout Ireland or ringing 1850 71 66 66. Visit www.hibernianaviva.ie/health for further information.
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Notes to editors:
- Hibernian Aviva is the new name for Hibernian Group from 5 January 2009. Hibernian Aviva's heritage stretches back 100 years to 1908 when it was first launched as a property insurer. The company was acquired by CGU in 2000 and became part of CGNU (later renamed Aviva plc) in 2002 following the merger of Norwich Union and CGU.
- Hibernian Aviva Group is Ireland's leading insurance company with 1.2million customers across the general insurance, life & pensions and health insurance sectors. The company is ranked first for general insurance and top three for life & pensions and health insurance.
- Hibernian Aviva Group is a subsidiary of Aviva plc. Aviva is one of the world's largest savings, general insurance and investment groups with the purpose of providing customers, employees and stakeholders with prosperity and peace of mind.
Case Study
Sean and Mary O'Connor are in their fifties and have three children Rose, Isabel and Charlie aged 17, 20 and 22. All three children are insured on the family Health insurance policy - VHI Plan B Options - which has been in place for over 10 years with Sean listed as the policyholder.
Although Sean and Mary have their home and mortgage protection insurance with Hibernian Aviva, their motor insurance is placed with another provider. They have recently taken out a Hibernian Aviva family travel plan to cover them for a holiday they plan to take in the Summer. Both Charlie and Isabel also drive and have separate motor policies each with Hibernian Aviva.
In the scenario above, if Sean switched his family's health insurance provider to Hibernian Aviva Health, he would save up to €577 and would also be eligible to redeem the whole €400 cashback against the Match More Make More offer. Switching could be made with one simple phone call to Hibernian Aviva Health and there would be no loss of cover or benefits.
Although Sean and Mary's motor insurance is not with Hibernian Aviva, the fact that Isabel or Charlie have Hibernian Aviva motor insurance and are named members on Sean's health insurance qualifies for the full cashback. All Sean needs to do is register for offer and send back his vouchers with the Hibernian Aviva policy details to receive a cheque for €400.
Terms & Conditions
*Cashback is available on car, home, health, life & travel policies with Hibernian Aviva Group. This offer is open to anyone who purchases a health policy between 1 January and 28 February 2009.
*Consumers can avail of up to €400 cashback when they hold other policies with Hibernian Aviva Group and save €577.80 when switching a family of two adults, three children from VHI Plan B Option to Hibernian Aviva Health We Plan Level 2, a total benefit of €977.80.
*Family premium is based on two adults and three children. All prices quoted are net of tax relief at source and include a 10% group discount. The health insurance levy is quoted net of tax relief at source at €128 for an adult and €42.40 for a child. All prices are valid from 18 January onwards.
*Cashback is available on car, home, health, life & travel policies with Hibernian Aviva Group. This offer is open to anyone who purchases a health policy between 1 January and 28 February 2009.