Loan Protection Insurance is provided by your credit union for you, the member, at no extra cost. Should a member with an outstanding loan die, the balance is repaid in full, subject to certain terms and conditions which may apply. You should enquire when making a loan application to see if you are eligible.

This means that you can borrow from your Credit Union in full confidence that your dependants will not be obliged to repay the outstanding loan balance.

Am I Eligible?
Any Credit Union member is eligible for Loan Protection insurance provided that:

	The borrower has not yet reached their 80th birthday
	The borrower is actively at work or able to carry out occupational duties.
	If not working, the borrower must be in good health.