Death Benefit Insurance
The Board of Directors of The Lough Credit Union have made the difficult decision to reduce the Death Benefit Insurance to €1,000 from €1,950. This will come into effect on 1st January 2021.
The Lough Credit Union in line with the reduction above reduced the minimum share balance required to avail of this service is €200 from €500
Death Benefit Insurance is a unique service offered by some Credit Union’s designed to help ease the cost of funeral expenses. This insurance is provided to eligible members free of charge and your Credit Union, The Lough Credit Union will continue to provide this service to you, our Members
The Board of Directors, November 2020