We Look At Things Differently 074 97 21293

Life Savings Protections Insurance

Credit Union

Life Savings Protection Insurance

Your savings are insured for life at no extra cost. Depending on your age and how much you have saved with your credit union over the years, this insurance could provide your dependants with up to €12,700  on your death

Upon the death of a member, the first €12,700 of their shares (savings) lodged before the age of 55 will be doubled.

Shares lodged by members over 55 years of age, are covered as follows

Lodged between ages 55-60     – 75%

Lodged between ages 60 – 65   – 50%

Lodged between ages 65 – 70    – 25%

Shares lodged after a members 70th birthday are not covered by this scheme

All these insurance costs are covered by the Credit Union.