If you are a member of GMP Federations Insurance Benefit Trust (IBT), one of the benefits of the cover is Life Insurance. This benefit is payable on the death of the Member or their partner who are covered by the scheme. This deduction should be shown on your payslip as LIAS.

The scheme is written in Trust, this means the proceeds can be paid by the Trustees to the Member’s dependants quickly, free of tax and without having to wait for Probate. Members should ensure that they have an up to date beneficiary and have logged the details with the Federation office.

You can register your details using this form.

Without your nomination it is at the discretion of the schemes trustees to disburse the funds.

So who will get your Benefit?

  • Broadstone Hall Road South, Reddish, Stockport, SK5 7DE
  • Tel: 0161 355 4400       Fax: 0161 355 4410
  • Email: This email address is being protected from spambots. You need JavaScript enabled to view it.