Life Savings Protection
One of the added benefits of saving with a credit union is our free Life Savings Protection.
This cover means your nominated beneficiary would receive a lump sum payment in the event of your death.
Currently, the value of free life cover is £2,000. The cover will:
- Match the sum of your savings if you are aged between 16 and 65
- Pay 25% of the value of your savings if you are aged between 65 and 80.
- The cover is available to members aged between 16 and 80 years only.
The insurance cover is provided by the Cuna Mutual Group. Terms and conditions apply. Please ask a member of staff for details.
Did you know we also provide free Loan Protection Insurance?