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All loans with Newport Credit Union come with free life insurance.
Members are covered up to age 80 years on loans up to a limit of £7500over a 5 year term.
The insurance covers the balance of the outstanding loan at the date of the member's death, but it is subject to regular repayments having been made in accordance with the terms of the loan agreement.
All savings in the member's account will be passed to the nominated person on the account.
Full terms and conditions can be found at:
Credit Union Consultants Ltd.
Registered office: 45 Milton Terrace, North Shields NE29 OPB
http://www.cuinsurance.co.uk
Newport Credit Union, The Indoor Market, Upper Dock Street, Newport, South Wales, NP20 1DD Telephone 01633 214913
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority
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