DEATH BENEFIT

Planning ahead means protecting the people who matter most. With the KCCU Death Benefit Plan, you can ensure that your family is supported during a difficult time.

Upon a member’s passing, the plan provides a payout of $7,500, which can be directed to a funeral home to assist with immediate expenses or to designated beneficiaries.

Key Benefits:

• $7,500 benefit paid directly to the funeral home or beneficiaries
• Affordable monthly contributions
• Quick and compassionate claims process
• Available to all eligible KCCU members

This is more than just a benefit—it’s a thoughtful way to ease the burden for those you leave behind.

Ask us today about enrolling in the KCCU Death Benefit Plan.

Requirements:

• EC$50.00 must be added to your shares before January 31st each year to service your plan
• Member must deposit at least twenty-five dollars (EC$25.00) monthly or three hundred dollars (EC$300.00) per year to ensure that at death their beneficiary is eligible
• Every applicant must be a member of the Kingstown Co-operative Credit Union, and shall be: (a) Not younger than eighteen (18) years of age. (b) Shall not be in their sixty first year
• A minimum period of twelve (12) months paid membership in the Death Benefit Plan is required before you are eligible for the benefit.
• A claim must be filled out and supported by:
  • The death certificates
  • The deceased ID Card
  • The claimants’ ID Card