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In addition to Life Savings Insurance and Loan Protection Insurance cover, Faughanvale Credit Union also provides Death Benefit Insurance for all eligible members. Faughanvale Credit Union do not charge members for this insurance. In the event of the death of a member, a payment of an additional £1000.00 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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