Death Benefit Insurance

All eligible members of the Credit Union are covered under our Death Benefit Insurance Policy. This means in the event of your death, a lump sum of €1,950 will be paid to your family to help with the cost of funeral expenses, thereby easing the financial burden of bereavement.

Nobody enjoys talking or even thinking about their own mortality. However the simple fact is funerals are now extremely expensive and very few people realise the impact funeral bills will have on their lives. Currently the average cost of a funeral can exceed €3000. Death Benefit Insurance won't ease bereavement but it will go a long way towards easing the financial burden your death may place upon your family.

To qualify for Death Benefit Insurance cover a member must maintain a minimum balance of €100 in their account at all times and must have joined the Credit Union before their 70th birthday.