Life & Loan Insurance
A unique benefit of membership with us is free life insurance offered to our members for both savings and loans, up to a maximum of £5,000 each.
- Savings Insurance: in the event of a member's death, savings held with us is covered with free life insurance, providing a payment of up to double the value of savings up to £5,000, to the member's nominated beneficiary included in the membership application.*
- Loans Insurance: in the event of a member's death with a loan outstanding to us, the insurance cover will repay an outstanding loan up to the value of £5,000.*
*Terms and conditions apply for eligibility to the insurance, including age and pre-existing health conditions. Please contact us for more information.