Members Death Benefit Insurance

€3,250 Benefit for under €1 per week
Peace of mind for you and your loved ones

Apply

The main purpose of Death Benefit Insurance (DBI) is to provide basic life cover to credit union members at an affordable price. It is an additional service designed to lighten the financial burden of bereavement.

What are the benefits?

A sum of €3,250 will be paid to provide additional support for the bereavement costs. Payment will normally be made directly to the Funeral Undertaker or to the person who can provide evidence that they have paid the funeral expenses.

How much does it cost?

The cost is €48 per annum (including our admin fee), which is less than €1 per week – a small price to pay to give you and your loved ones added peace of mind.

 

You can join the programme if you:

  • Are over 16 years of age
  • Are a member of the Credit Union and have joined before the age of 71
  • Are, or were, covered by your Credit Union’s Life Savings Insurance Programme
  • Opted for the annual policy offered by your Credit Union before 31/12

Register before December 18th 2017 to be in to win a fabulous Christmas hamper.

Apply

Simply fill in the form below and we will call you to confirm your DBI application. If we are unable to reach you, we will send you out an application form to be completed and returned to us.

  • * Indicates Required Information

  • I wish to opt-in/avail of the Member Death Benefit Insurance Programme as provided for Capital Credit Union, and arranged by CUNA Mutual Group Services (Ireland) Ltd.
    Signature:                                          Date:                                             


      • I am a member of Capital Credit Union and am eligible to join the Member Death Benefit Insurance Programme
      • I have read and understood the Key Facts and Programme Summary as provided to me
      • I will undertake to have sufficient funds in my share account to pay for the annual Premium attaching to the provision of this insurance cover and my inclusion in the Programme
      • I understand that this is a Programme that will auto-renew on an annual basis, and the attaching premium will be deducted from my share account on this basis
      • I am also aware that the benefits and cost of this Programme may be varied annually but I will be informed of any such changes or updates through the Credit Union’s AGM Booklet and from the Credit Union’s website - www.capitalcu.ie
      • I understand that this Programme is due to commence on 01/01 and that I will pay for 12 months cover to 31/12. Should I Wish to opt-out or cancel my participation in the Member Death Benefit Insurance Programme, I will inform the Credit Union in writing of my decision
      • My understanding is that my participation in the Programme will automatically stop should I cease to be a member of Capital Credit Union or if there are insufficient funds in my account to cover the annual cost of my premium
      • • I understand that the insurer can opt to terminate the Programme and cover at the end of each Programme period

    I wish to confirm that the information I have provided to Capital Credit Union is correct and I provide my consent to this information being shared with CUNA Mutual and its insurers, for the purposes of my membership of the Member Death Benefit Insurance Programme, as outlined in the Key Facts & Programme Summary sheet – MDBI 08.17


    Signature:                                          Date:                                             

    I confirm that I authorise Capital Credit Union to deduct the cost of my cover in the Programme (the premium), which I acknowledge may be reviewed and/ or changed annually, from my credit union share account. I understand that if there are insufficient funds in my account to pay the annual premium, then my membership of the Member Death Benefit Insurance Programme will lapse.

    Signature:                                          Date:                                             

     

Capital Credit Union’s Member Death Benefit Insurance Policy is a group policy of the Credit Union and open to participation by members, subject to eligibility criteria outlined in the Key Facts and Programme Summary available from the credit union or at www.capitalcu.ie
This policy is arranged on behalf of Capital 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 Programme.

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