The RWTF Group Life Insurance Scheme is a self-contribution scheme:
In the event of death of a financial member of the Scheme, their beneficiary receives a cash lump sum payment (now increased to $20,000) within 48 hours where possible
Costs $37 per year using Ezidebit ($8.50 once every six pays)
Scheme members are entitled to the lowest available loan fees, saving 0.5% p.a. For example a $5000 loan over 2 years would cost an additional $49.92 for non-GLI members
Over 7,000+ RAAF Aviators in the Scheme
Group Life Insurance members are entitled to the FMC discount of 0.5% p.a.
