When a serious diagnosis strikes, there is nothing like the support of your loved ones. Add to that support the Family Critical Illness Plan which provides up to $3,000,000.00 in coverage.
No medical is required when you sign up, which makes it easy for you and your family to get the insurance you need.
Should you or any of your covered family members become diagnosed with one of the six covered critical illnesses – Cancer, heart attack, stroke, paralysis
FOR EASIER LOAN PROCESSING
- Copy of Driver’s License
- Social Security (First-time borrower)
- Last 2 payslips
- Bank statement (covering 3 months)
- Job Letter (first-time borrower)
- Utility bill
- Two (2) References (Loan Officer may require)
COLLATERAL SECURITY
- Motor Vehicles
- Land & Building
- Certificate of Deposit
- Shares & Financial Investment Policy
Point of Sale Facility (POS)
For members’ safety, a Point of Sale Machine is available for faster and secure payments via in-store purchases and deposit transactions.
ACCIDENT COVERAGE
- Standing Order Payments
Special Conditions
This mode of loan may require savings to be pledged as collateral after utilizing the GAF contributions. The amount given to each student is subject to Annual General Meeting decision.
Loan Protection Life Savings
In the event of the death or disability of a member, the Loan Protection Plan will automatically repay the insured loan. This is at no cost to the member.
Standing Order Payments
For small loan transactions, your Credit Union will make monthly payments of life and health insurance premiums, mortgage payments, and other recurring payments as requested.