Our policy is with CUNA Mutual
Loan Protection - Loans are protected up to a value of £5,000, so that in the event of the death of a member, the outstanding value of the loan, plus any accrued interest will be paid off. Member must be under 75 at the time of death.
Life Savings - in the event of the death of a member, a benefit will be paid equivalent to the value of 100% of the shares they held at age 65, together with 25% of the value of any additional shares they deposited between 65-75. The maximum sum payable is £5,000.