Loan Protection Insurance is the insurance cover the Credit Union provides on the lives of its borrowing members. It is unique to Credit Unions.
Your loan attracts FREE Loan Protection Insurance!
While our insurance services do not relieve the emotional stress at this difficult time, they do go some way to relieve the financial stress.
In the event of Death:
To make a claim please provide Westport Credit union with a copy of the Death Certificate.
Please provide details of the Solicitor handling the member’s estate and a copy of the Will (if applicable).
Please note just one copy of the Death Certificate is required to claim for all insurance services; Life Savings Insurance, Loan Protection Insurance.
For further information please contact Westport Credit Union on 098 25614.
For death – all members’ loans (up to age 79) are automatically insured up to €8,000. Loan balances greater than these limits are subject to completing a Member Declaration on the back of the loan application form and/or a Declaration of Health Form. The underwriters have the right to decline or restrict cover for members with serious medical conditions.
Loan Protection Insurance is designed to clear your loan in the event of death.
You can borrow in confidence knowing that your family will not have to repay any outstanding loan balance (up to certain limits) in the event of your death.
Terms & Conditions Apply
The Mission of the Credit Union is to promote the financial well being of its members.
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