Welcome to EBS, the Education Benevolent Society Inc.
you belong to a member union, you have exclusive access to services
provided by The Education Benevolent Society (EBS). Since 1963, EBS
has been a key provider of health care and risk protection benefits to education union members and their families. EBS is a non-profit body and only members of the education unions or employees of the unions can enjoy the benefits of EBS.
The Society's range of personal health and risk protection products are tailored to suit education professionals and through the combined negotiating power of the education unions these products are offered to you, your partner and your family at competitive rates, not generally available to the public. We are dedicated to your health and wellbeing because we are owned by you!
The EBS Standard Plan covers a range of every day medical benefits including major diagnostic procedures and GP referral to a specialist. For more information click here.
Why leave the choice of major medical care up to someone else. With private health insurance you are in control. It helps you have access to the very best medical expertise and at a time that suits you.
Health insurance is a way to look after your most important asset – your health. For more information click here.
Illness and accidents happen all too often and are never expected. But by considering the EBS risk protection products they will provide real benefits and real support for a variety of needs and circumstances. For more information click here.
The EBS Home Loans Solution allows you to repay your home loan
faster, saving thousands of dollars in interest costs.
For more information
Education Benevolent Society Inc.(EBS) has a
Financial strength rating of: B++ (Good)
And is fully licenced by the Reserve Bank of New Zealand
SOLVENCY STATEMENT AND RESERVE BANK
CONDITIONS FOR LICENSE
The Insurance (Prudential Supervision) Act 2010 ("the Act") was
enacted in September 2010. The Society was
granted a full license under the Act in April 2013.
The Society will be subject to new solvency requirements issued by
the RBNZ. In the interim the Society will be
subject to new solvency margin requirements issued by the RBNZ.
At balance date the Society meets the Reserve Bank's criteria for
adequate margin of solvency in excess of best
estimate liabilities to subscribers.
The Board's policy for managing capital is to have a strong capital
base to establish security and enable the Society
to conduct its business whilst maintaining financial soundness. The
policy in respect of capital management is
regularly reviewed by the Board in line with the solvency
requirements issued by the RBNZ.
EBS is registered with The
Insurance & Savings Ombudsman ("ISO")
click the link for further information.