ASTI Salary Protection Scheme

This Scheme is designed to provide you with a replacement income of up to 75% of salary* if you’re ill or injured, and can’t work. It is governed by rules drawn up by Cornmarket and the underwriters.

What you get from salary protection

Disability Benefit - Up to 75% of your salary*
Salary protection gives you a replacement income of up to 75% of your annual salary – if you can't work due to illness or injury, and your sick pay has reduced to half pay or ceased altogether.
Life Cover Benefit
The scheme provides a lump sum of typically twice your annual salary if you die. This can help to pay bills and unexpected costs, at an already difficult time.
Specified Illness Benefit
You will receive a once-off lump sum if you are diagnosed with and meet the criteria of one of the 36 specified illnesses listed in the policy document.
Income tax relief
You're entitled to income tax relief on the majority of your scheme membership cost.
We're committed to your claim
Cornmarket will guide you through the claims process.

Remember, we're not automatically notified if you’re absent from work due to illness or injury. If this happens, it's important to contact us as soon as you think your salary will be affected.

To be eligible to claim from salary protection, you must meet the definition of disablement as defined in the policy document. Other terms, conditions and exclusions apply.

Apply to join call us on (01) 420 6759 or click here for more information on the Scheme & the latest offers.

*Up to 75% less any other income to which you may be entitled e.g. half pay, Ill Health Early Retirement Pension, Temporary Rehabilitation Remuneration, State Illness Benefit. You can claim Disability Benefit when you have used up your employer’s sick leave entitlements and passed the scheme ‘deferred period’. Simply put, that’s the time that must pass before benefit is paid.

Cornmarket Group Financial Services Ltd. is regulated by the Central Bank of Ireland. A member of the Irish Life Group Ltd. which is part of the Great-West Lifeco Group of companies. Telephone calls may be recorded for quality control and training purposes.

The Scheme is underwritten by New Ireland Assurance plc.

New Ireland Assurance Company plc is regulated by the Central Bank of Ireland. A member of Bank of Ireland Group.

This is not an ASTI Scheme. The ASTI advises all members to seek full details on any financial scheme they may be considering.