Death Benefit Insurance

Member First Credit Union are pleased to offer our Members a Death Benefit Insurance Program to assist with end of life expenses.

In summary this Program will provide the following:

  • €2,000 life assurance cover payable on your death;
  • Immediate cover – no medical – fixed

Participation in the Program costs €1 per week, payable in a lump sum in advance from your share account.  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.

Please be aware you must opt-in to this Program, enrollment is not automatic and you can do so by:

  1. Following this link: https://forms.mfcu.ie/dbi
  2. Calling us on 0818 903570
  3. Downloading our DBI Entry Form and returning it to a branch

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. You can opt out of the program by completing the cancellation form which can be found below under the documents section.

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.

Death Benefit Insurance Documents:

DBI Key Facts Program and Program Summary

DBI Entry Form

DBI Cancellation Form

DBI Claim Statement

This policy is arranged, on behalf of Member First Credit Union by Cuna Mutual

Group Services (Ireland) Limited which is regulated by the Central Bank of

Ireland.

 

The policy is underwritten by Covea Life Ltd. which is authorised by the

Prudential Regulation Authority of the UK and complies with the Central Bank

of Ireland’s conduct of business rules in relation to the provision of this Member

Death Benefit Insurance program

 

Member First Credit Union is regulated by the Central Bank of Ireland