FAQ Category: Death Benefit

How do I qualify for Death Benefit?

To qualify for death benefit, members MUST join the credit union before the age of 60 years, contribute $30.00 annually towards the programme, and MUST have saved at least $120.00 in their shares within the last year of his/her membership.nNo payment would be made unless a person has been a member for six (6) months

What is the yearly contribution to death benefit?

A contribution of $30.00 must be paid annually to the Death Benefit Programme.n

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.