Life Savings Protection – when you join the credit union you can nominate someone as your beneficiary. On your death, this policy can pay your nominated beneficiary an amount equal to the amount of your savings, so they will receive double the amount that you’ve saved.
Where else will you get free life savings insurance like this? ![]()
Loan Protection – if you were to die with an outstanding loan balance, this insurance will pay off the rest of the loan, so that your debt dies with you instead of being an extra burden to your beneficiaries.
Many other loan companies charge extra for this insurance policy, but at Angus Credit Union it’s all part of the service with our low cost loans.