Liberty Insurance’s €5 million ‘Motor Policy Covid-19 Relief Fund’ goes live providing eligible policyholders with the choice of a cash equivalent voucher or charity donation to the value of 15% of two months of their premium

  • Liberty’s €5 million ‘Motor Policy Covid-19 Relief Fund’ launches today providing eligible policyholders with a cash equivalent voucher to the value of 15% of two months of their premium via its dedicated online portal
  • Customers can choose between claiming the relief as a Circle K/SuperValu voucher or donating it to Liberty’s chosen charities fighting Covid-19
  • Tom McIlduff, CEO of Liberty Insurance: “We hope that this initiative goes some way towards supporting our customers, and the voluntary sector’s vital work, during this difficult period.”

Dublin, Monday, 8 June 2020 – Liberty Insurance policyholders can claim back a portion of their motor premium or choose to donate the amount to Irish charities providing Covid-19 relief as part of an online initiative by the insurer.

The €5 million “Motor Policy Covid-19 Relief Fund”, will provide eligible car, taxi, motorcycle, and commercial vehicle insurance policyholders with a cash equivalent voucher to the value of 15% of two months of their premium.

Customers will have the choice of receiving this relief as cash equivalent voucher for Circle K / SuperValu and / or donate to ALONE, Barnardos, and Pieta in support of their work with people impacted by Covid-19.

If customers choose to make a charitable donation, Liberty will ensure the exact relief value is paid directly to the charities on their behalf.

This move is part of Liberty Insurance’s wider response strategy to Covid-19, details of which were first announced on 28 April, including greater flexibility on payment terms for motor and home insurance premiums.

In addition, Liberty has partnered with Daft.ie to provide much needed accommodation for our doctors and nurses working on the frontline of the Covid-19 crisis. As part of this ‘Housing Heroes’ initiative, Liberty is providing complimentary contents insurance to all those homeowners generous enough to open up their properties to our frontline medical professionals. The insurer has also already made charitable donations to ALONE and Pieta, at a European-level, as well as a €250,000 donation to Médecins Sans Frontières, in response to the Covid-19 crisis.

Comment

Commenting on the relief fund, Tom McIlduff, CEO of Liberty Insurance, said:

In response to lower road usage and reduced risks on Irish roads because of the government’s Covid-19 response measures, we have announced a plan to offer financial relief to our motor insurance customers.

“Liberty Insurance has committed to waiving a percentage of our customers’ motor premiums. They can now claim this relief in the form of a voucher or charitable donation through the new online portal libertyrelief.ie.

“We hope that this measure goes some way towards supporting our customers, and the voluntary sector’s vital work, during this difficult period.”

Sean Moynihan, CEO of ALONE, said:

“We would like to thank Liberty Insurance and their customers for choosing to donate to ALONE and our colleagues in Pieta and Barnardos. Since the outbreak of Covid-19, the number of older people supported by ALONE has more than doubled. It is thanks to the generosity of supporters like Liberty Insurance that we can continue to provide vital ongoing assistance to older people experiencing difficulties or in crisis.”

Suzanne Connolly, CEO of Barnardos, said:

“Barnardos are delighted to be chosen by Liberty as a beneficiary of their insurance relief fund. We have seen first-hand the effect that Covid-19 is having on families across Ireland. On behalf of Barnardos and all its staff I would like thank Liberty and their customers for giving something back at this time, it will provide much needed support for the children and families we work with across Ireland.”

Brian McEvoy, Fundraising Manager for Pieta, said:

“We are enormously grateful to Liberty Insurance for considering Pieta at this very challenging time. We have seen a doubling of calls and texts to our Helpline as people struggle with the lockdown and the financial challenge which it is bringing to many. We want to assure people that Pieta will be there to help, and to encourage anyone who is struggling, to contact us at any time of the day or night on 1800 247 247 of find your local Pieta centre at Pieta.ie”

Further information

Liberty Insurance customers will be shown the value of their relief amount when logged onto the dedicated Liberty customer portal on www.libertyrelief.ie.

Amounts will be rounded up to the nearest €5 denomination. The minimum relief amount is €10. For customers that have a lower-value policy, this ensures they will receive at least €10 in value.

Only voucher value amounts above €50 can be split between a voucher and charity donation.

If customers do not claim their relief before Friday, 31 July 2020, Liberty Insurance will donate the exact relief value to the chosen charities after this deadline has passed.

Customers can print their voucher, download it as a PDF, or receive it by email. Vouchers can also be displayed on a mobile phone or other device for redemption. Vouchers are valid for five years from selection date. 

Eligible customers will be contacted from June 8th. The relief fund excludes fleet policies, cancelled/suspended/laid up policies, and taxi policies which have changed to social, domestic and pleasure cover. Read the full terms and conditions here.