FAQ Category: Death Benefit

How can I join the Death Benefit Program?

Every member automatically becomes a part of the death benefit programme once he/she joins the Credit Union before attaining the age of 60.

How much death benefit is issued upon my death?

In the event of death of the member, his/her beneficiary would be entitled to receive six thousand dollars ($6,000.00) to help off-set funeral expenses.nn

What is the process for applying for the Death Benefit?

The informant /beneficiary should submit the original death certificate and the invoice from the funeral home to the Insurance Unit. Once the member qualifies for death benefit the cheque would be written to the funeral home. If the funeral home has already been paid, the proof of the payment should be provided, the payment would