Sitemap Good Ideas & Feedback Help HOME ABOUT LOANS SERVICES MEMBERSHIP TECHNICAL INFO CONTACT US Register Now Log in FREEPHONE LOANS NO. SERVICES INSURANCE PRODUCTS Our Insurance Products Loan Protection Insurance Loan Protection Insurance is the insurance cover the Credit Union provides on the lives of its borrowing members. Should an insured borrower die, or (under most contracts) become totally and permanently disabled for any occupation, the insurance cover provides that the loan is repaid in full. If a member who is eligible for insurance cover and has signed the Credit Agreement dies with a loan outstanding, the loan balance is paid in full by the insurer. You will be informed at the time of the loan application if your loan exceeds the amount covered by the credit unions policy. Under the basic policy death cover ceases on the members 70th birthday. The credit union has the option of extending this age limit to the members 80th birthday by affecting cover under the Over 70 Rider. Disability cover however ceases on the eligible members 60th birthday. Terms and Conditions apply. Death Benefit Insurance All eligible members (terms and conditions apply) of the Credit Union can apply for insurance covered under our Death Benefit Insurance Policy. This means in the event of your death, a lump sum of €2,600 will be paid to your family to help with the cost of funeral expenses, thereby easing the financial burden of bereavement. It is important to know that only the first member named on a joint account is covered. To qualify for death benefit insurance, you must be a Credit Union member, keep a minimum balance of €10 in your shares and you must have joined the Credit Union before your 70th birthday. Life Savings Insurance Life Savings Insurance is the life insurance cover the Credit Union provides for its eligible members as an additional incentive for them to save regularly. The amount of insurance benefit to which a member is entitled is in proportion to the mount of savings the member has, and depends on the member’s age at date of lodgement. Subject to a maximum benefit set by you Credit Union, every €1 you save before the age of 55 provides €1 of insurance. Once you are over the age of 55 each €1 you save with your credit union provides the following benefit: €1 saved between ages 55-59 provides €0.75 insurance €1 saved between ages 60-64 provides €0.50 insurance €1 saved between ages 65-69 provides €0.25 insurance No insurance is payable on amounts saved after your 70th Birthday. Once earned, your insurance remains in force as long as you leave your savings in your credit union. Withdrawals may affect the amount payable. A member is eligible for the insurance cover carried by the credit union if when they begin saving they are: Under the age of 70 Actively at work, or if not working, in good health What are the benefits? Depending on your age and how much you have saved with your credit union over the years, Life Savings insurance could provide you dependents with up to €10,000 on your death. Allianz Home Insurance Our Home Insurance, which is underwritten by Allianz plc. , is designed to give you first rate cover at brilliant value. There are a wide range of discounts available and with Allianz being one of the largest insurers in the world, you know you’ll be in good hands. Simply call in to our branch and enquire about a quote or renewal. Axa Car Insurance Clonmel Credit Union members can avail of discounts with AXA by contacting them directly. *Terms and conditions apply to all insurance products. The Mission of the Credit Union is to promote the financial well being of its members. ABOUT US Together we're Better Our Website is designed to help both existing members and also people who may wish to become members in the future. If you live or work within a 20 mile radius of Clonmel you are eligible to join Clonmel Credit Union. OPENING HOURS Opening hours for all our branches can be found on our Contact Us page :: Mullinahone Office :: Fethard Office CONTACT US Tel: Fax: Email: Address: (052) 612 5292 (052) 612 5207 admin@clonmelcu.com Parnell Street, Clonmel, Co.Tipperary Clonmel Credit Union Ltd is Regulated by the Central Bank of Ireland. Reg No. 14CU Cookie Notice Privacy Notice Terms & Conditions Help TYPE AND PRESS “ENTER” TO SEARCH Cookie Notice