CMutuals - Credit Union Insurance
CMutual is the UK’s pre-eminent insurance specialist for Credit Unions. We have been dedicated to working with Credit Unions in the UK for over 30 years. Understanding the needs of Credit Unions and their members is at the heart of everything we do.

The Credit Union Difference - Member Benefits
Loan Protection and Life Savings
Loan and Life Savings Protection are one of the core differentiators between Credit Unions and banks. It underpins the Credit Union and community ethos. This protection offers Credit Unions a unique selling point that the banks cannot compete with.
Loan Protection Insurance
Loan protection offers peace of mind to the member and is a major support to their families at the most difficult time. Loan Protection also, provides security for the credit union in the knowledge that the death of a valued member will not financially impact the repayment of the loan.
Life Savings Protection Insurance
Life Savings Protection provides members' families with great support at a time when it is needed most.
CMutual offers two versions of Life Savings policies
Age at deposit Age at death
Credit Union Package of Protection
Fidelity Bond Insurance
Credit unions are required by the Prudential Regulation Authority to purchase Fidelity Bond cover against internal fraud. The minimum level of cover required to comply with the regulations may not cover all the risks a credit union may be exposed to, CMutual's Fidelity Bond protection covers:
Director & Employee Dishonesty Robbery Extortion Cash in transit Third-party fraud
Directors and Officers Insurance
Directors and Officers insurance provides liability cover for the directors and senior persons at the credit union in the event of legal action being taken against directors or staff for wrongful decisions, omissions or negligence made in the past or present
Commercial Insurance: Buildings, Contents, Employers' Liability & Public Liability
Employers' Liability is necessary to trade legally in the UK. CMutual's standard policy provides Employers' Liability cover up to £10,000,000 and public liability up to £5,000,000
CMutual's Commercial Insurance Policy covers Employers' & Public Liability. The optional protections also available under this policy are:
Buildings Contents Business Interruption Legal Expenses
Cyber Protection Insurance
In today's digital world a cyber breach can leave any business exposed. CMutual's Cyber Protection insurance covers:
Data Liability Cover Regulatory Investigations Court attendance Lawfully insurable data protection fines Reputation and Response costs
Credit Union Insurance Health Check
At CMutual, we offer an Insurance Health Check for credit unions. We take the time to work with our credit union partners to review existing covers in place and identify any gaps in cover. This will give you an understanding of mandatory insurances and additional covers that are right for both your credit union and your members.
To book your Credit Union Insurance Health Check please call us on 0121 359 0221, or email insurance@cmutual.co.uk where we will be happy to help you.
23/04/21
Please note:
Each of the products mentioned above are subject to terms and conditions which are available on request. The information provided in this document is correct as at the cover date. This document does not purport to be legal advice. CUNA Mutual Group Limited does not accept any legal responsibility for accuracy of the information provided in order to compile this analysis and the content therein. CUNA Mutual Group Limited is authorised and regulated by the Financial Conduct Authority with the registered company number 03571106 & registered office at 100 New Bridge Street, London, EC4V 6JA, England