Protection

Protection

The following is an example of the CUDIC coverage that you and another member may benefit from with the same credit union:
 
REGISTERED PLANS
RRSPs RRIFs TFSAs & FHSAs
100% of deposits*
 
YOU
Shares, savings, chequing and term deposits
$250,000
Deposits made in trust for another person
$250,000
RRSPs RRIFs TFSAs & FHSAs
100% of deposits*

 
$500,000
 
THE OTHER MEMBER
Shares, savings, chequing and term deposits
$250,000
Deposits made in trust for another person
$250,000
RRSPs RRIFs TFSAs & FHSAs
100% of deposits*

 
$500,000
 
DEPOSITS HELD JOINTLY BY BOTH OF YOU
Shares, savings, chequing and term deposits
$250,000

 
$250,000
 
I) TOTAL COVERAGE REGULAR DEPOSITS
$1,250,000
II) TOTAL COVERAGE RRSPs RRIFs TFSAs & FHSAs
100% of deposits*
 
* Subject to insurability