Membership Benefits 

Life Savings Insurance

A cash benefit on your savings with Wherry Dragon Credit Union

 

Leave your loved ones a cash lump sum when you die, with Life Savings Protection

Saving with Wherry Dragon Credit Union really does add up. Not only are your savings secure but they also include Life Savings Protection, which can be a real financial comfort to your loved ones should you die.

At a difficult time, a lump sum on bereavement can be a real help. It could help towards funeral costs or could be left as a small legacy for a loved one. Of course, it won’t take away the pain but it’ll certainly help with the financial strain of bereavement. Additional peace of mind for your family is just another benefit of being a Wherry Dragon Credit Union member.

As a Credit Union member, you’re not only saving for your own future, but also for that of your family. With the added benefit of Life Savings Protection, your nest egg can also provide a legacy to help your loved ones cope financially in the event of your death.

Free Life Savings Protection is a feature of your membership with Wherry Dragon Credit union.  You loved ones could receive up to £5,000.

Loan Protection

Protected loans to protect your loved ones

Your Credit Union loan is protected in the event of your death – helping protect your family from the financial burden of bereavement.

When you take out a loan with us, you also get Loan Protection. If you were to die before your Credit Union loan was repaid, this insurance cover can help towards settling the debt, so that it isn’t passed on to your loved ones. 

Of course, it won’t take away the pain but it’ll certainly help with the financial strain of bereavement This cover is included at no extra cost to you as part of your Credit Union loan arrangement so just for once, peace of mind doesn’t cost the earth; it’s just another benefit of being a Wherry Dragon  Credit Union member.

As a Credit Union member, you’re not only borrowing for the things you desire to make life more comfortable for you and your family; by choosing your Credit Union to borrow, you’re helping your Credit Union provide better value loans for all Credit Union members. With the added peace of mind provided by Loan Protection, loans from your Credit Union can offer better financial security for you and your family.

In the event on a death

The beneficiary needs to contact Wherry Dragon Credit Union for a Life Savings and Loan Protection claim form. Details are on the website www.wherrydragon.org.uk.