How our free life insurance can help

Hoot Credit Union offers free life insurance on your savings and on your loans. The amount covered depends on your age when you put money into the credit union. Savings insurance has been designed to make the lives of families and next of kin easier in the event of death. A lump sum on bereavement can help towards funeral costs or could be left as a legacy for a loved one.

  • Savings are insured at 100% up until the age of 64
  • From 65 to 79 savings are insured at 25%
  • Any loan you have will also be insured (terms and conditions apply)