Free protection to credit union members

It will allow up to one million members the chance to insure themselves for up to £400 a month for up to three months if they lose their wages through accident. The insurer said wage protection can be invaluable with the rising cost of living and stagnating salaries meaning many UK families are now less financially cushioned to cope with unexpected life events such as accident, sickness and redundancy. The offer is available only through selected credit unions, including London Community Credit Union and Scottish Transport Credit Union. Paul Walsh, CEO of Cuna Mutual Group, said: "...