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(DBI) Death Benefit Insurance

Death Benefit Insurance

€3,000 cover for only €10 per annum

 

This is an insurance which is payable to the member’s nominee on the members death. It is a separate insurance over and above the Savings and Loan protection insurance.

The terms and conditions of this insurance are as follows:

  • All members 16 years and up to the age of 70 years are eligible
  • Cover applies from the date of joining the Credit Union
  • Premium €10 per annum
  • Premium will be deducted each December
  • €3,000 will be made payable to your Nominee
  • Cover will be increased to €6,000 for death by accident prior to age 70

The premium will be deducted annually in December

DBI withdrawal form