Loan Protection Insurance

Free Loan Protection Insurance is payable on the death of the eligible member, subject to policy terms and conditions.

The insurance benefit payable is the amount of the member’s outstanding loan balance.

Cover ceases on the member’s 85th birthday.

Your Credit Union provides extended cover to include total and permanent disability from any occupation. In the event of the member becoming totally and permanently disabled for any occupation then the benefit described above will be paid.

The total and permanent disability must be medically determined.

The total and permanent disability must commence before the 65th birthday.

Life Savings Insurance

Life Savings Insurance is the life insurance cover that your credit union takes out for all eligible members as an additional incentive to save regularly and maintain savings with the Credit Union.

The amount of insurance benefit which an eligible member is entitled to is in direct proportion to the savings and age of that member.

Amounts saved after the 70th birthday are not insured. However, cover built up before the 70th birthday remains in force after the 70th birthday.

Withdrawals of savings may affect the amount payable.

The maximum benefit payable under the policy is €1,000.

First Choice Credit Union extends cover to include the “Accidental, Death and Dismemberment” Rider. Under this extension the amount of the Life Savings claim is doubled if the member dies as the result of an accident. Also if the member loses a limb or sight as the result of an accident then a benefit may be paid to member. The amount of the benefit is based on the savings that the member makes during the term of membership and the age that lodgements are made.

If you would like to find out more information please don’t hesitate to contact us on 094 9022969, email us at info@fccu.ie or drop in to any of our branches in Achill, Balla, Ballyhaunis, Castlebar, Kiltimagh or Swinford.

Travel Insurance

Coveru.ie Holiday Insurance is a website based product. It offers members of First Choice Credit Union Limited greater accessibility, better value and most importantly excellent cover providingpeace of mind when travelling abroad.

Coveru.ie holiday Insurance, which is being offered in conjunction with AIG Europe, offers comprehensive worldwide travel insurance, available on an individual, couple, group or family basis. Apart from offering great value, other advantages of www.coveru.ie holiday insurance include:

• Single Trip, Annual Multi Trip and Extended Stay options available
• Choice of 3 levels of cover to suit all budgets (Budget, Premier & Premier Plus)
• Up to 4 children (under 18 years of age) go FREE on a family policy
• Medical and Emergency Assistance cover when abroad
• Trip cancellation and baggage cover included
• Additional add on options to tailor cover to suit travel needs
• Online quotes for those aged up to 79 years of age and over the phone for those aged 80 and over

For more information follow this link: www.coveru.ie