What is Loan Protection/Life Savings Insurance? - Capital Credit Union

What is Loan Protection/Life Savings Insurance?

Loan Protection Insurance is the insurance cover Dundrum Credit Union provides on the lives of eligible members with credit union loans. Provided you are in good health and engaged in your normal life occupation, your loan is covered by insurance. Should a member with an outstanding loan balance die, the balance is repaid in full, subject to certain cover limits which may apply. You should enquire when making your loan application to see if you are.

Life Savings Insurance is a Life Insurance Cover that Dundrum Credit Union provides to all eligible members as a way of encouraging you to keep your savings in the credit union and to also save on a regular basis.

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