
What is Loan Protection Insurance?
There are many good reasons for taking a loan out with Lisduggan Credit Union and one of them is the free loan protection cover that comes with loans.
Loan Protection Insurance is the insurance cover we provide on the lives of eligible members who have loans with us. There is no charge to members for this insurance cover.
Should a member with an outstanding loan balance pass away, their loan is protected by an insurance policy taken out and paid for by Lisduggan Credit Union. This means that you can borrow from your Credit Union in confidence that your dependents should not have to repay the outstanding loan balance. Terms and conditions do apply.