Loan & Savings Protection
The cover is FREE to all members, and you do not need to do anything to activate this cover.
Loan Protection
What's included?
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Up to and including the age of 70
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Up to the limit of £10,000
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Cuna Mutual Group Limited are the provider of the Life Savings and Loan Protection Scheme. Plane Saver Credit Union do not offer or own this insurance product but is the administrator managing claims between our members and CUNA Mutual Group Ltd. Please ensure that your beneficiaries are aware of this benefit.
FSCS Protection
​What's included?
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The FSCS protects up to £85,000 per individual across all accounts you hold with Plane Saver.
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This means that if Plane Saver were ever unable to meet its financial obligations, your money is safe and guaranteed up to this limit.
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Protection applies automatically — you don’t need to do anything to be covered.
Life Savings Protection
What's included?
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The maximum amount of cover is £10,000.
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Your beneficiary will receive 100% of your balance as cover on top of your balance; up to the age of 64.
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Your beneficiary will receive 50% of your balance as cover on top of your balance; up to the age of 69.
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Your beneficiary will receive 25% of your balance as cover on top of your balance; up to the age of 79.
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Your beneficiary will receive 0% thereafter.
