RPI Insurance

Why choose repayment protection insurance?

 

  • Accidents occur, illness can strike you down and an involuntary redundancy can seriously affect your income.
  • As a response to these perils your credit union has designed a valuable product especially for you.
  • Repayment Protection Insurance is an optional policy which meets members loan repayments in the event that they are forced out of work by Accident, Sickness or Involuntary Unemployment.
  • The maximum monthly benefit payable under the policy is your loan repayment or €2,000 whichever is the lesser.
  • The benefit is payable up to a maximum of 60 Months for Incapacity benefit or 12 Months for Involuntary unemployment.
  • If you are diagnosed with specified Critical Illnesses a payment may be made under the policy.

 

For full details on the terms and conditions of coverage please contact us on 041-6853453.

When acting as an insurance intermediary the Ardee Credit Union is regulated by the Central Bank of Ireland

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