Funeral Plan Cover from your Credit Union
We all know the saying: that there are two things in life that are certain; death & taxes.
People talk about taxes quite openly; how much we all have to pay, what are we getting for them etc. however it is rare to have too many positive conversations about death. Here in St. Canice’s we can help you with both sensitive subjects.
We can help you a little with your taxes (for example; if you need a statement of your accounts or a loan to pay revenue), however we can help you a lot at the time of bereavement.
We do this with a monetary contribution towards all eligible members’ funeral costs. As a member of St. Canice’s Credit Union you are automatically covered by a special Death Benefit Insurance at no additional cost.
All credit union members are eligible for this cover provided they have opened their Credit Union account with us before the age of 70 years and maintain a minimum amount of €5 in savings. For joint accounts the first named member is eligible for this cover.
The amount payable is €1,950 and is paid either directly to the funeral home or to the person who paid the funeral bill. There is no upper age limit and if an eligible member becomes ill, they do not lose benefit.
Our help tries to make such an awful time just a little less stressful for our members.