MEMBER PROTECTION PLAN
Enhancing Member Benefits by providing
low-cost end-of-life expenses cover.
Member Protection Plan (MPP) was designed by CMutual
to service various growing needs with Credit Unions.
Why choose Member Protection Plan?
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Provides valuable protection for members' loved ones
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Enhances loyalty for the Credit Union
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With it's low cost premium it offers members access to affordable cover for end of life expenses
Benefits.
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Credit Union is the policy holder, just like your Life Savings benefits
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It is an unadvised sale.
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No medical questions for members.
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It’s easy to enrol
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Minimal administration for the Credit Union
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Claims are settled within 24 to 48 hours of claim being made
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Claims operate in the same manner as any Life Savings claim, simply a claim form and death certificate made through the Credit Union
How does it Work?
MPP provides a fixed lump sum payment in the event of the death of an enrolled member. Think of it as topping up your Life Savings Protection. With MPP, even members that haven’t accumulated much in savings, get the peace of mind that their loved ones will get help with end-of-life expenses. It’s like a safety net to make sure they are taken care of. And the best part is that it’s easy to sign up, and affordable. There is no medical examinations, and the Credit Union is the policyholder. MPP meansno member misses out on valuable protection.