Insurance
CUNA Family Indemnity Plan (FIP)
This plan provides funeral benefits in the event of the member or his eligible family members' death. Coverage is provided for a maximum of six (6) family members as follows:
- Member
- Spouse
- Children between the age 1-25
- Members' parents below the age of 76.
Advantages of the Family Indemnity Plan:
- One monthly premium covers up to 6 family members (including any two persons you choose from your parents and parents-in-law enrolled by age 76)
- Full benefit is paid (per person) every time a claim is made
- No medical questions
- Payments for claims are made within 2 days
- Lifetime insurance coverage.
Choose the option that best suits you:
| Plan
|
Premium | Benefit |
| PLAN A | $52.80 monthly | $10,000 |
| PLAN B | $79.20 monthly | $15,000 |
| PLAN C | $105.60 monthly | $20,000 |
| PLAN D | $158.40 monthly | $30,000 |
| PLAN E | $211.20 monthly |
$40,000 |
| PLAN F | $343.20 monthly |
$65,000 |
We strongly recommend this plan to all members since it provides a measure of relief for bereaved families at a crucial time.
Apply for the Family Indemnity Plan through CECU.
Contact Us for further information on this as well as other insurance options.
