Member Death Benefit Indemnity (mDBI) is a new low cost opt-in €3,000 Death Benefit Indemnity for Members, with no declaration of health needed.
For just €96 a year (€104 per annum, this is effective 1/1/2025) Members can opt-in for €3,000 Death Benefit cover.
mDBI is available to all Core Credit Union Members who had joined the Credit Union prior to their 71st birthday.
There is no declaration of health needed for this insurance, but there is a 6 month waiting period, this means that if the Member dies from a pre-existing condition/illness in the 6 months following the commencement of cover no benefit will be paid.
