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Manchester Co-operative
Credit Union (1977) Ltd.
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Home/Insurance/Free Loan Protection & Life Savings Insurance
Insurance · Free Loan Protection & Life Savings Insurance

Your loan and savings, protected free.

As an MCCU member, your eligible loans and savings are protected at no additional cost to you. Free Loan Protection Insurance and Life Savings Insurance mean your family is never left carrying your balance.

$1,200,000
Loan cover
$200,000
Savings cover
Free
To members
Become a member See the details
Couple reassured by free MCCU Loan Protection Insurance
At no extra cost
Free and automatic for members
Loan protection
Up to $1,200,000 on death or disability
Life savings
Up to $200,000 on death or dismemberment
Underwritten by
CUNA Caribbean Insurance Company
A member benefit

Built-in peace of mind

One of the quiet advantages of credit union membership: eligible loans and savings carry protection automatically, so your family is shielded from the unexpected at no extra charge.

1

Loan protection

In the event of death or covered disability, eligible loan balances are protected up to a maximum of $1.2 Million.

2

Life savings insurance

Your eligible savings are insured up to an additional $200,000, subject to plan terms.

3

No extra premium

This coverage is provided to eligible members at no additional cost.

4

Automatic for members

There’s nothing to sign up for. It comes with eligible membership.

At a glance

What this plan offers

Features & benefits

Free and automatic once you are a member
Pays your loan balance on death or permanent disability
Loan protection up to a maximum of $1,200,000
Life Savings Insurance covers savings up to $200,000
Underwritten by CUNA Caribbean Insurance Company

Good to know

Loan Protection is available to all members under age 70
Permanent disability covered if it occurs before age 60
The more you save, the more coverage you receive
Confirm current terms with an MSR

Disclaimer: The terms and conditions of the products are subject to change from time to time. Please confirm the current terms and conditions with a Member Service Representative.

Getting started

Get covered in three steps

01

Become a member

Open your membership with a valid ID, your TRN and proof of address at any MCCU branch.

02

Speak to a representative

A Member Service Representative will walk you through the plan and confirm your eligibility.

03

Enrol & stay covered

Complete your enrolment and keep your premium current to stay protected.

Other ways to stay protected

View all insurance →
Family

Family Indemnity Plan

One low premium covers up to six family members.

Learn more →
Life

Members Group Life Plan

Affordable group life cover for peace of mind.

Learn more →
Critical

Family Critical Illness Plan

A benefit paid on a covered critical illness diagnosis.

Learn more →

Protection that comes with membership

Built-in cover that settles an outstanding loan balance in the event of death or disability, sparing your family the burden.

Become a member →Call 876.962.0401
Free Loan Protection & Life Savings InsuranceLoan & savings protection at no extra cost
See detailsBecome a member →
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Manchester Co-operative
Credit Union (1977) Ltd.

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Get in touch
876.962.0401Mandeville & Christiana, Manchester
Kingston Branch
27 Parkington Plaza, Kingston 10, Jamaica, W.I.
876-920-7447 / 876-906-5362
Montego Bay Branch
Shop 22, Sagicor Commercial Centre, Howard Cooke Blvd, Montego Bay, St. James, Jamaica W.I.
876-979-6516
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