ISCU offers free life insurance on your savings. The amount covered depends on your age when you put money into the credit union. Insurance is paid at 100% of the amount saved between the ages of 18 and 64, and at 25% of the amount saved between the ages of 65-79. There is no insurance on money saved under the age of 18 or over the age of 80. The maximum cover is £2,500.

• John is under 65 when he saves £2,000, but is over 65 when he dies. ISCU pay out £4000: his £2,000 savings have been doubled by life insurance.
• Emily is over 64 when she saves £2,000. Upon her death ISCU pay out £2,500: the original £2000 has been increased by 25%

Any loan you have with ISCU will also be insured.