Cookies help website users perform certain functions. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on the website.

If you wish, you can change your cookie settings at any time.


Tel: 0141 445 0022 Fax: 0141 440 2294 Email: admin@nhscreditunion.com

20 October 2014
Extra peace of mind - at no extra cost

 

As a member of the credit union you have access to life savings and loan protection insurance  - giving extra peace of mind for members and their families - at no extra cost.


 

Life Savings Insurance

Your NHS Credit Union provides savings insurance benefit at no cost to yourself. For each £1 of savings held in the credit union at date of death, £1 of insurance is earned, up to a maximum of £5000. Terms and conditions apply; please contact the office for more information.

 

Age

  % of Saving Balance  

Limit

  16-64  

 100% 

  £5000  

65-79

25%

£5000 

 

Loan Protection Insurance

Your NHS Credit Union loans are also insured at no cost to yourself. The majority of loans are completely cleared in the event of a member’s death. (Loan Protection Insurance covers loans paid off before 70 years). Again, terms and conditions apply; please contact the office for more information.

 

Age

  Loan Term Limit  

Limit

  18-70  

 7 Years

  £10,000  

 

 




NHS Credit Union Limited Tel: 0141 445 0022 Fax: 0141 440 2294 Email: admin@nhscreditunion.com Web: http://www.nhscreditunion.com
NHS (Scotland & North England) Credit Union Ltd is Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. ‘NHS Credit Union Ltd’ is a registered trading name of NHS (Scotland & North England) Credit Union Ltd.