CUNA

"Great insurance products to meet your needs"

Your Credit Union

Your credit union provides a practical, community-based way of saving, borrowing and protecting your money. With Life Savings and Loan Protection insurance, your credit union pays to insure your savings and loans.

Mortgage Payment Protection Insurance

Hull and East Yorkshire Credit Union is pleased to be able to offer our members a great new insurance product - MortgageCover+.

MortgageCover+ is an affordable Mortgage Payment Protection Insurance policy that can provide real peace of mind should you suffer illness, an accident or involuntary unemployment.

MortgageCover+ is designed so that you can arrange and only pay for the cover you need.  The amount you pay is calculated per £100 of cover you require and your monthly premium will depend on the amount of cover you need and the policy options you choose.

• Choose Accident and Sickness, Involuntary Unemployment cover or both
• Choose the amount of monthly cover you need
• Choose single cover or split cover (in joint names)
• Choose how long you will have to wait until a benefit is paid to you if an insured event occurs
• Choose the maximum number of months that you will receive benefits for any single claim

Click on the banner above to be taken to the CUNA Mutual Insurance (Europe) Ltd web site for a quick quote!  The link will open as a new web window - please note that HEYCU can not be held responsible for the content of this external site.

Alternatively you can call 0845 121 2416 to speak to a helpful representative.

Life Savings

What is Life Savings Insurance?

As a unique benefit of credit union membership, your Credit Union pays to insure your savings through Life Savings insurance. This means that if the unthinkable happens, the person you have nominated (your beneficiary) will receive your savings plus the insured amount up to a maximum of £2,500. There is no cost to you for this benefit.

What Does Life Savings cover?

Up to age 65, your Life Savings insurance will cover up to 100% of your savings amount, up to a maximum of £2,500. So, if you die, we will match 100% of your savings and pay this amount to your chosen beneficiary. Between ages 65 and 80, we will match 25% of your new savings deposits while still protecting 100% of any deposits made before age 65 and not withdrawn.

When does Life Savings not apply?

Any new deposits are subject to a six month Pre-existing Condition Limitation. This means that if you die from a pre-existing medical condition, any deposits made in the last six months are not covered. Life Savings insurance also does not cover death due to HIV/Aids, suicide, terrorism or war.

Loan Protection

What is Loan Protection Insurance?

Your credit union pays for life insurance on your credit union loan, another special benefit of credit union membership. This means that if you die, your credit union loan balance can be paid off, so you needn’t worry about passing on debt to your next of kin (terms and conditions apply).

This benefit aims to fulfil one of the credit union movement’s principles by ensuring that the member’s debt dies with them. It is a unique benefit for our members, for which other financial service providers would charge you extra.

What does Loan Protection cover?

Loan Protection insurance automatically covers 100% of credit union loans held by members aged between 18 and 70, to a maximum value of £2,500. If your loan amount is higher than £2,500, Loan Protection insurance will cover the first £2,500 of the loan.

When does Loan Protection not apply?

Any new loan agreements are subject to a six month Pre-existing Condition Limitation. This means that if you die as a result of a pre-existing medical condition (for which medical advice, consultation or treatment was received), within 6 months of taking out your loan, Loan Protection insurance will not apply.

Loan Protection Insurance also does not cover death due to HIV/Aids, suicide, terrorism or war.

Payment Protection Insurance

Taking out a loan can involve a long-term financial commitment. If you become unemployed or have an accident or illness, which affects your income, Payment Protection Insurance ensures that you can keep up your loan repayments. MEMBERS™ provides a monthly pay policy in line with your loan repayments and at an affordable rate. This means that you don’t have to increase your loan amount to cover the insurance and if you pay off your loan early, you won’t pay any unnecessary insurance costs.*

* Terms & conditions apply.

Home, Motor and Travel Insurance 

Valuable protection for your home, your car and your holidays:

CUNA Mutual Group is pleased to be working with Key Connect*, a specialist division of one of the UK’s leading insurance brokers, to provide Home, Motor and Travel insurance tailored to suit your needs.

Each policy is flexible, so you only pay for the cover you need.

It’s simple to arrange too, so you’ll always know what’s covered.  Instant cover is available and everything can be completed in one call with no form filling.

And, should the worst happen, CUNA’s dedicated customer service teams will ensure your claim is handled swiftly.

For your FREE no obligation quotation call now on 0800 496 1437.

Key benefits:

·        Instant cover

·        Choice of payment options

·        No form filling – everything completed in one call

·        Cover tailored to suit your individual requirements

·        UK only call centres

 *Key connect is a trading name of Heath Lambert Ltd (HLL) who are authorised and regulated by the Financial Services Authority.  HLL registered address is 133 Houndsditch, LONDON EC3A 7AH