Death Benefit Insurance
All eligible members of the Credit Union can apply for insurance covered under our Death Benefit Insurance Policy. This means in the event of your death, a lump sum of €2,600 will be paid to your family to help with the cost of funeral expenses, thereby easing the financial burden of bereavement.
Nobody enjoys talking or even thinking about their own mortality. However the simple fact is funerals are now more expensive and very few people realise the impact funeral bills will have on their lives. Death Benefit Insurance will not ease bereavement but it will go a long way towards easing the financial burden your death may place upon your family.
To qualify for death benefit insurance you must be a Credit Union member and must have joined the Credit Union before your 70th birthday. You must always retain at least €5 in your account at all times. If your savings go below €5 after your 70th Birthday you will not longer be entitled to the benefit. Ask a staff member for assistance.
Wexford Credit Union has a dedicated team to help your next of kin get through this difficult time.