Members Death Benefit Insurance

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Members Death Benefit Insurance

Peace of mind for you and your loved ones

€3,250 Benefit for only €5 per month


What is Death Benefit Insurance?

The main purpose of Death Benefit Insurance is to provide basic life cover to credit union members at an affordable price. It is an additional service designed to lighten the financial burden of bereavement.


What are the benefits?

A sum of €3,250 will be paid to provide additional support for the bereavement costs. Payment will normally be made directly to the Funeral Undertaker or to the person who can provide evidence that they have paid the funeral expenses.


How much does it cost?

From the 1st January 2021, the cost is €60 per annum, which is only €5 per month – a small price to pay to give you and your loved ones added peace of mind.


You can join the programme if you:


  • Are between the age of 16 and 71 years
  • Continue to be a member of the Credit Union
  • Are, or were, covered by your Credit Union’s Life Savings Insurance Programme and opted to join this programme prior to one of the pre-agreed ernrolment periods


How can I sign up for MDBI?

Simply download the form below, fill it in and return to any of our offices. 


MDBI Application Form


MDBI Key Facts & Policy


Pre-existing medical conditions covered after 6 months* Guaranteed acceptance without medical*


*Terms and Conditions Apply