Death Benefit Insurance
Member First Credit Union are pleased to announce the introduction of our Member Death Benefit Insurance Program to assist with end of life expenses.
This new Program will come into effect on July 1st 2017 and with the support of our members, it is our intention to keep this Program in place for quite some time.
In summary the Program will provide the following:
- €2,000 life assurance cover payable on your death;
- Immediate cover – no medical – fixed
Participation in the Program will cost €1 per week, payable in a lump sum in advance from your share account (that’s €26 in July 2017), and then it will run annually from January 1st – December 31st of each successive year. As this is a community program all members pay the same cost regardless of age or gender, and all get the same level of cover. As with all such community programs it only works and works well if we come together as a community and support each other to join, particularly our younger members.
Please be aware you must opt-in to this Program, enrolment is not automatic and you can do so by:
- Following this link: https://forms.mfcu.ie/dbi
- Calling us on 0818 903570
Once you join the Program you remain a member of the Program, which auto-renews on an annual basis, until such time as you choose to opt-out of the Program, or you stop paying the premium or your membership of the Credit Union ceases. When the Program goes live you will receive confirmation of your inclusion in the Program.
We are delighted that MFCU are able to provide this insurance as it demonstrates our commitment to our members. If you have any questions our team are on hand throughout all our branches and on the phone, and they will be delighted to help you.