ABCUL Members

Self insurance

  • Creator
    Discussion
  • #9460

    Lee
    Participant

    Good afternoon everyone, just wondering if any Credit unions set aside money to write off loan balances outstanding if a member passes away, rather than taking out insurance to cover ?

    And if so do any attempt to recover the loss from the deceased persons estate.

    Thanks Lee

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  • #9461

    mbrazendale
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  • #9463

    Simon
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    Simon Haslam; Chair Derbyshire Community Bank

  • #9464

    dharminder
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  • #9473

    Alan
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  • #9509

    Ian
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