Insurances
that Reassure

All our members can avail of free insurances. Just one of the many great benefits of joining Savvi.

Insurances
that Reassure

All our members can avail of free insurances. Just one of the many great benefits of joining Savvi.

Share Insurance

Share insurance is a life assurance product provided by the Credit Union at no direct cost to the member. The amount paid out in the event of an eligible member’s death will be dependent on their savings history with the credit union over the years. Once earned the insurance remains in force as long as you leave your savings with the credit union. Withdrawals may affect the amount payable. Terms and conditions apply.

The maximum benefit is currently €3,000 (may be subject to change).

Age of Death Benefit
0-54 years 100% of member shares balance (up to a maximum limit of €3,000) on date of death
55-59 years 75% of member shares balance (up to a maximum limit of €3,000) on date of death
60-64 years 50% of member shares balance (up to a maximum limit of €3,000) on date of death
65-69 years 25% of member shares balance (up to a maximum limit of €3,000) on date of death

No insurance is payable on amounts saved after your 70th birthday

Your savings are eligible for insurance cover if they were lodged:

  • before your 70th birthday,
  • when you were actively at work and regularly performing all the usual duties of your occupation or when you were in good health
  • Please note further terms and conditions can apply.

If you’d like us to talk you through any of these insurances in more detail, get in touch on 01-6325100, at hello@Savvi.ie or visit our FAQs here.

Other Services
Savvi car draw electric
Member Car Draw
Savvi Pay Budget Account
Savvi Pay Budget Account
 
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