Loan Protection

St Dominic Credit Union provides a Loan Protection Insurance free of charge to its members, meaning in the event of your death your loan balance will be cleared. You can take out a credit union loan in the full confidence that your dependants will not have to pay it off should you die or (under most contracts) become totally and permanently disabled. In the case of joint accounts the loan protection would clear the loan balance at the date of death of one of the members named in the joint account.  Terms and Conditions Apply.