Our insurance products
We have a range of insurance products provided free as part of your SGCU benefits available to make sure you feel supported when things don’t go to plan. We’ve got your back.
A range of insurance policies, so you don’t have to worry.
We have a range of insurance products provided free as part of your SGCU benefits available to make sure you feel supported when things don’t go to plan. We’ve got your back.
Every borrowing member is eligible for Loan Protection Insurance if they are:
Total and permanent disability from any employment, once medically determined, is included. Loan protection insurance cover ceases at age 80 and therefore the entire loan balance must be repaid before the 80th birthday. Withdrawals can affect Life Savings Cover and any withdrawals are considered as last in deposits.
Savings lodged on or after the member's 70th birthday is not covered by insurance. Members pay no individual charge.
Please note that Slieve Gullion Credit Union Limited can only pay out up to a maximum of £20,000 to the nominated person/s. Any amounts above £20,000 (including insurance) will form part of your estate and will require letters of probate from your solicitors.
In certain circumstances, a Declaration of Health Form may be required.
Every borrowing member is eligible for Loan Protection Insurance if they are:
Total and permanent disability from any employment, once medically determined, is included. Loan protection insurance cover ceases at age 80 and therefore the entire loan balance must be repaid before the 80th birthday. Withdrawals can affect Life Savings Cover and any withdrawals are considered as last in deposits.
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