Death Benefit Insurance

The main purpose of Death Benefit Insurance is to provide extra Insurance to our Members in the event of their death. With Bray Credit Union, the benefit offered is €1,300 and is paid to the nominee of eligible members to help with funeral expenses.

You are eligible for this insurance provided you:

• are over 16 years of age (under 16 years are automatically included)
• joined the credit union before your 71st birthday
• remained a member of the credit union
• are or have been eligible for cover under the Life Savings Policy
• have maintained a balance in your shares of at least €10, this is changing to €100 from the 1st October 2017
• claims must be processed within 2 years of date of death.