-Insurances-

The Family Indemnity Plan (FIP)

The Family Indemnity Plan is offered to provide financial assistance at a time when you and your family may need it most. Funerals can be very costly and this plan covers that expense. A maximum of six persons per family can be covered. They include: you, your spouse or significant other, children up to the age of 26, parents and parents-in-law up to the age of 76.

Premiums are as low as $52.80 per month. Benefit range from $10,000.00 to $40,000.00. No medical examination is required and claims are paid within 2 working days. Visit the Credit Union Office for more information.

Plan

Coverage

Premium (monthly)

A

$10,000.00

$52.80

B

$15,000.00

$79.20

C

$20,000.00

$105.60

D

$30,000.00

$158.40

E $40,000.00 $211.20

Loan Protection Insurance

Covers loan balances of a credit Union member against untimely death or total and permanent disability. Up to $100,000.00 will be paid to clear off the debt of a member deceased before age 70 or permanently disabled before age 60 at no cost to the member.

© 2003 U.W.I. Credit Union Co-operative Society Ltd.

 

 


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