Life Savings Insurance
Life Savings Insurance
Moyola & Toome Credit Union is affiliated to the Irish League of Credit Unions which offers it's members a unique product, at no cost to the member.
Every pound which you save, up to the age of 55, in the event of your death is doubled (provided that you have not withdraw your savings). This applies to a maximum savings value of £15,000.00.
Savings made between the ages of 55 and 70 still received insurance, but the amount reduces as the member gets older.
Life Insurance on Loans
Loans under £8,000.00 receive free life insurance. Loans over £8,000.00 may still be insured for free, but a health declaration will have to be completed. All loans must be paid in full before the members 80th birthday. T&C'S apply. Contact our office for more details.
