The Family Indemnity Plan (FIP) offers financial comfort during difficult times, providing a benefit to be used to cover the funeral cost for yourself and eligible family members. The FIP provides for a total of up to six (6) eligible family members to be insured at any one time.
Who is this for?
To enjoy coverage under any of the coverage options with the Family Indemnity Plan, you must be a member of The St. Patrick's Co-operative Credit Union Ltd.
Who are the eligible family members covered?
The plan you select can cover you and any combination of the following persons:
The member (up to age 76 years)
Your spouse or significant other
Any combination of up to two persons from your parents or parents-in-law (these persons must be enrolled before age 76)
Your children (including dependent children under your legal guardianship), aged 1 through 25 and who are not yet married
Children who are permanently disabled are covered for the duration of their lives once they are enrolled before age 26
Your benefits
One monthly premium covers final expenses for you and up to five eligible family members
No medical examination required
You are eligible to receive the full individual benefit (per person) where valid claims are made
You get lifetime insurance coverage once you enroll before age 76
Plan options
Monthly premium$52.80
Benefit per person$10,000
Plan C
Plan
Monthly premium
Benefit
Plan A
$26.40
$5,000
Plan B
$39.60
$7,500
Plan C
$52.80
$10,000
Plan D
$79.20
$15,000
Plan E
$105.60
$20,000
Plan F
$132.00
$25,000
Plan G
$158.40
$30,000
Documents required for enrolment
0 of 4 ready
Tick each document as you gather it. Your ticks are saved on this device only.
How to enroll
Choose your coverDecide which plan suits you and who in your family will be covered.
Complete the enrollment formGather the documents listed on this page for each insured person.
Submit with your first premiumBring the form, documents and your first month’s premium to the credit union.