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In addition to Life Savings Insurance and Loan Protection Insurance cover, Owenkillew Credit Union also provides Death Benefit Insurance for all eligible members. The cost of this insurance is just £12.94 this year for adults. In the event of the death of a member, a payment of an additional £2000.00 is made to the family of the deceased member to help to defray funeral expenses.
To be eligible for this insurance, a member must have joined the credit union before the age of 70 and must have been eligible for Life Savings Insurance.
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