Family Protection Plan

There are not many of us faced with the unexpected cost of a funeral for a family member, that could lay their hands on this kind of money.

At the credit union, the last thing we want our members to be worrying about is the cost of a funeral in the unfortunate event of the loss of a loved one. You can protect yourself and up to five members of your family through a policy which provides immediate financial support when your family is most in need.

The Family Protection Plan has been designed exclusively for credit union members by CUNA Mutual Group, the main insurance provider for credit unions worldwide.  As a credit union member, you can protect yourself and up to five members of your family under one policy. The cash benefit paid by the policy provides an immediate financial support when your family is most in need. The best part is that there are no restrictions on how you use the cash benefit!

Four payment options are available starting from £9.60 per plan so with just one low monthly payment up to six individuals will be covered on the plan.  The best part is that there are no medical questions or exams to enrol in the plan.

This means that SIX people can be covered for a £2,000 benefit each for only 5p per day per person!

The Plan’s major benefits include:

  • Cover for you and up to five individual members of your immediate family – your spouse or partner, any two parents (yours, your partners, or any combination), and your children from 1 year to 26 years (disabled children can be covered for life if enrolled before they are 26). Anyone can enrol up to the age of 70 years.
  • No medical questions asked or an examination required
  • Four levels of insurance cover available ranging from £2,000 to £6,000 per person
  • Affordable premiums
  • Multiple claims
  • Fast and efficient claim process – a cash lump sum is paid within two working days of a claim