As a member, you automatically receive up to £10,000 of Life Savings Protection on your savings and up to £10,000 of Loan Protection Insurance if you borrow. The cover is FREE to all members, and you do not need to do anything to activate this cover.

This cover is subject to the following terms and conditions:

Life Savings

- The maximum amount of cover is £10,000

- Your beneficiary will receive 100% of your balance as cover on top of your balance; up to the age of 64

- Your beneficiary will receive 50% of your balance as cover on top of your balance; up to the age of 69

- Your beneficiary will receive 25% of your balance as cover on top of your balance; up to the age of 79

- Your beneficiary will receive 0% thereafter

Loan Protection

- Up to and including the age of 70

- Up to the limit of £10,000

Cuna Mutual Group Limited are the provider of the Life Savings and Loan Protection Scheme. Plane Saver Credit Union do not offer or own this insurance product but is the administrator managing claims between our members and CUNA Mutual Group Ltd. Please ensure that your beneficiaries are aware of this benefit.