About C F P Account

OBJECTIVES OF THE COOPERATIVE FUTURE PLAN SAVINGS

The CFP is an optional Education / Career development Savings rider which covers beneficiaries of eligible members of the Credit Union that signed up to the Life Savings Plan (LSP).

The CFP allows members to open an account for their child(ren) or nominee purposely for their education or development.

The additional benefit on this policy is based on the fixed monthly contributions into the LS/CFP account selected at the time the Credit Union member signed up. It is an investment linked policy account which serves as backup to secure the completion of the education/career pursuit of the beneficiary(ries) even after the demise or the incapacitation of the member (policy owner)

1. Cooperative Future Plan (CFP¬) seeks to provide financial support services and investment opportunities for the youth thereby guaranteeing a fulfilled future career or goals.
2. To create a platform for smooth implementation of succession plan within the movement.