Life Savings Insurance is payable on the death of the eligible member, subject to policy terms and conditions.

The amount of insurance benefit to which a member is entitled is in proportion to the amount of savings the member has made during the term of membership, and depends on the member’s age at date of lodgement.

However, cover built up before the 70th birthday remains in force after the 70th birthday as long as the savings are left in the credit union. Withdrawals may affect the amount of insurance payable in the event of a claim.

Tubbercurry & District Credit Union extend our cover to include the “Accidental Death” Rider. Under this extension the amount of the Life Savings claim is doubled if the member dies as the result of an accident. The amount of the benefit is based on the savings that the member makes during the term of membership and the age that lodgements are made.

We strive to identify, create and deliver innovative solutions to address the needs of our members and support them in achieving financial success.