All eligible members of the Credit Union can apply for insurance covered under our Death Benefit Insurance (DBI) Policy. This means in the event of your death, a lump sum of €1,300 will be paid out to help with the cost of funeral expenses, thereby easing the financial burden of bereavement.The insurance is usually paid to the Funeral Director directly on production of their bill marked as paid.

In order  to avail of a DBI on behalf of a deceased member, the person claiming must produce the following:

a. An original Death Cert or certified copy of same;

b. A bill from the funeral Director - marked as paid;

c. A copy of their own photo ID as proof of identity.

Nobody enjoys talking or even thinking about their own mortality. However the simple fact is funerals are now extremely expensive and very few people realise the impact funeral bills can have on the lives of loved ones left behind. While Death Benefit Insurance will not ease bereavement but it will go a long way towards easing the financial burden a member's death may place upon your family.

In order to  qualify for death benefit insurance, a member must have joined before their 70th birthday and have a minimum of €130 in their account. * Subject to change. 

The credit unions' Insurance Officer Christine Costello typically deals with all such queries.

With effect from 01st July , the minimum share holding requirement for DBI will be €500.