St. Paul's Garda Credit Union

Loan Insurance

St. Paul’s Garda Credit Union Ltd. offers free Savings and Loan Protection Insurance to all eligible members. Some terms and conditions may apply. This insurance protection is provided by Eccu Assurance Company Limited which is owned by the Irish Credit Union Movement.

Loan Protection – In case of death or permanent disability

With St. Paul’s Garda Credit Union Ltd., the savings and loan balances of all eligible members are automatically covered, (up to certain limits), at no direct cost to the member. This means that you can borrow in the full confidence that your dependents will not be obliged to repay the outstanding loan balance in the event of your death or permanent disability.

Should a member with an outstanding loan balance die, the balance is repaid in full, subject to certain cover limits which may apply.

Disability Cover

St. Paul’s also have disability cover which provides protection should a borrower become totally and permanently disabled for any occupation. As with life savings cover your credit union pays for the loan protection out of its earnings. In other words the borrower pays no individual charge.