Insurance
Death Benefit Insurance
Death Benefit Insurance
- Additional automatic 'DBI' cover for Members as an extra cover to their Life Savings Policy
- No additional cost to the Member
- The service provides for a benefit of 1,300 to be paid on the death of the Member
Death Benefit Insurance is provided to qualifying, eligible Members and is subject to certain terms and conditions - as from 1st May 2021, only those Members whose savings balances were at a minimum of 250 on the date of death are eligible to qualify for this insurance.