Member Death Benefit Insurance
Protect your loved ones should the unexpected happen.
Member Death Benefit Insurance
Our member Death Benefit Insurance provides a guaranteed lump sum payout of £3,000 for less than £1 per week. It’s affordable, easy to enrol and no medical questions asked. Get peace of mind knowing that your loved ones will be taken care of should the unexpected happen.
Rest easy; provide for your loved ones with one simple step
However we plan, we don’t always get the time to prepare for when we die or lose a loved one. But with ETA, you can help your loved ones meet the cost of funeral expenses in the event of your untimely death. Our new Member Death Benefit Insurance (mDBI) Programme provides peace of mind for you and your family in one quick and easy step – with the certainty of a guaranteed payment of £3,000, no medical assessment and an affordable fee that suits your needs and expectations. The financial support provided by the mDBI Programme can help reduce the additional burden of funeral expenses – to help your family or friends feel assured at a most difficult time.
Please note: mDBI insurance is separate to our members’ free savings insurance. The £3,000 payout from mDBI will be in addition to any payout from the free savings insurance.
How does it work?
We’ve shopped around to get the best value programme on the market, and because we’re a not-for-profit we’re offering extra peace of mind to our members at a fantastic price. Pay £48 once a year per member (this payment is collected hassle-free by ETA, directly from your Share Account each year) and £3,000 will be paid out to your family in the event of your death.
The best bits?
Benefit fixed at £3,000 – regardless of savings.
Available to all members. *
No Medical.
Cost is only £48 per year – paid annually. This premium is paid upfront at the start of your term.
Important information you need to know
A pre-existing medical condition limitation applies to this programme, which means that cover is not provided if the member were to die from a pre-existing medical condition during the first 6 months of their membership of the programme. Terms & conditions apply.
* Members must be below 71 years of age to be eligible to join this scheme.
I confirm that:
- I am a member of EuroTrust Credit Access and am eligible to join the Member Death Benefit Programme.
- I have read and understood the Key Facts and Programme Summary as provided to me.
- I will undertake to have sufficient funds in my credit union Share Account to pay for the annual premium attaching to the provision of this insurance cover and my inclusion in the Programme.
- I understand that this is a programme that will auto-renew on an annual basis, and the attaching premium will be deducted from my Share Account.
- I am also aware that the benefits and cost of this programme may be varied annually but I will be informed of any such changes or updates through the Credit Union’s AGM Booklet and from the Credit Union’s website https://www.etagroup-eu.com.
- Should I wish to opt-out or cancel my participation in the Member Death Benefit Programme, I will inform EuroTrust Credit Access in writing of my decision.
- My understanding is that my participation in the programme will automatically stop should I cease to be a member of EuroTrust Credit Access or if there are insufficient funds in my Share Account to cover the annual cost of my premium.
- I understand that the insurer can opt to terminate the Programme and cover at the end of each Programme period.
- The information I have provided to EuroTrust Credit Access is correct and I provide my consent to this information being shared with CMutual Group Limited and its insurers, for the purposes of my membership of the Member Death Benefit Programme.
- I understand that this Programme runs from 1st September to the 31st of August each year. The fee paid will be on a prorata basis.
- I confirm that I authorise EuroTrust Credit Access to deduct the cost of my cover in the Programme (the fee), which I acknowledge may be reviewed and/or changed annually, from my credit union Share Account.
- I understand that if there are insuffcient funds in my Share Account to pay the annual premium, then my membership in the Member Death Benefit Programme will lapse.
- I declare that I am in good health and have been in good health for 6 months prior to joining the programme, and I understand that if I was to die from a pre-existing medical condition within 6 months of purchasing this insurance that a claim may not be honoured.
- I understand my rights and consent to my data being processed under GDPR legislation.
Sign Up Today!
Enrolment currently closed. Check back in later for future enrolment dates to join our mDBI programme.
You can opt-in to the programme by completing the form below or by visiting our branch.
Once you join the Programme you remain a member of the Programme, which auto-renews on an annual basis, until such time as you choose to opt-out of the Programme, or you stop paying the premium or your membership of ETA ceases. In cases where members have a joint account only one member can enrol in the programme. However, the other member can open a separate account if they wish to opt-in.
