Every loan you take with Capital Credit Union comes with free Loan Protection Insurance. If the worst should happen and you pass away, we clear the outstanding balance, so your family is not left paying off your loan. Subject to eligibility and policy terms.
Included free, nothing to apply for. T&Cs apply.Loan Protection Insurance is our way of making sure a loan does not become a worry for the people you care about. If you pass away with a balance still owing, the insurance repays it, within the limits above and subject to the policy terms. There is nothing to sign up for, nothing extra to pay, and no separate policy to manage. It is simply part of being a member.
This cover is not guaranteed. Loan Protection Insurance policies are held by the credit union, not each individual member, and may be subject to change as market conditions and circumstances dictate. Members receive these free protections as a benefit of membership.
Subject to eligibility and policy terms. Some exclusions apply, including where death results from a condition treated in the six months before the loan date, and where a member dies outside the geographic area set out in the policy. The full list is in the policy terms. Membership eligibility criteria apply.
Every one of our loans comes with this cover built in. Take a look at what we offer, or join us to get started.
