insurance

Newry Credit Union offers its Members a range of insurance products on savings and loans as well as Death Benefit Insurance.

insurance on savings

Newry Credit Union, like other Credit Unions affiliated to the Irish League of Credit Unions offers its Members a unique and, most importantly, free insurance product.

Every pound which you save, up to the age of 55, in the event of your death are doubled. This applies to a maximum savings value of £10,000 and is payable to the person you have recommended on your form of nomination. Savings made between the ages of 55 and 70 still receive an insurance premium, but the amount that is applied reduces as the Member gets older.

Please see Table C for details of the insurance rates applicable to savings:

Table C
Every £1 saved before the age of 55	Provides £1 of Insurance
Every £1 saved during the ages of 55-59	Provides 75p of Insurance
Every £1 saved during the ages of 60-64	Provides 50p of Insurance
Every £1 saved during the ages of 65-69	Provides 25p of Insurance

Click here for an example

insurance on loans	death benefit insurance	house and car insurance
see how you can insure yourself for you loan repayments Click Here	in the event of your death see how our death benefit insurance covers your loan Click Here	we can now offer our members even more protection with home and car insurance Click Here

insurance

insurance on savings

Table C

insurance on loans

death benefit insurance

house and car insurance

see how you can insure yourself for you loan repayments Click Here

in the event of your death see how our death benefit insurance covers your loan Click Here

we can now offer our members even more protection with home and car insurance Click Here

see how you can insure yourself for you loan repayments
Click Here

in the event of your death see how our death benefit insurance covers your loan
Click Here