Credicare

A death in the family is always a difficult time. The stress can be even greater if there are immediate money worries.

Credicare Bereavement Fund is a special fund that helps families during a time of bereavement. If you are a Credicare member, an amount of money is automatically paid to your family when you die. This can be used to help pay for funeral-related expenses.

The Credicare Bereavement Fund is unique. Anyone who has a savings account with Aotearoa Credit Union can become a member of the Fund.

Here's how it works:

Each member agrees that on the death of another member, a maximum of $2.00 can be automatically deducted from their savings account.

That money is pooled together, and $4,000 is paid directly to the family (or beneficiary) of the person who has died.

The money is paid automatically, no questions asked.

Cover is guaranteed:

• Anyone can join the Credicare Bereavement Fund.
• Cover is guaranteed for anyone aged between 18 and 75.
• You don't need to provide any medical information to join.

Your questions answered:

1. What's not covered?
   The cover ends when the insured person reaches 76 years.
2. Who will the money go to?
   As the Credicare Fund member, you will nominate your beneficiary. It could be a family member, or any person. If you don't choose a beneficiary, the payment will go to your estate.
3. Can I cancel my membership in the Credicare Fund?
   Yes, at any time - just by contacting any of our branches.

It's easy to join.

To join the Credicare Bereavement Fund, simply contact your local branch of Aotearoa Credit Union. We can answer all your questions, explain how it works, and arrange your application.

Click here to find a branch near you.