Family Indemnity Plan (CUNA Mutual)
When a loved one passes, the last thing a family should worry about is how to cover final expenses. The Family Indemnity Plan pays a cash benefit that your family can use for funeral costs or other needs, so you can focus on what matters.
Highlights:
- Three coverage options. Choose the level that fits your family and budget
- Cash paid to your family; use for any expense
- No medical exam or health questions to enroll
- Cover up to six family members on one plan
Coverage options:
- Plan A: $2,000 benefit — $9.60/mo
- Plan B: $3,000 benefit — $14.40/mo
- Plan C: $4,000 benefit — $19.20/mo
*Must be under 70 years of age to enroll. Some restrictions apply.
Who can be covered:
- Member
- Spouse or significant other*
- Permanently disabled children (covered for life if enrolled before age 26)
- Member’s parents or spouse’s parents*
Credit Disability Insurance
If illness or injury keeps you from working, Credit Disability Insurance can make your covered loan payments (up to plan limits) while you focus on getting well.
Good to know:
- Available for personal loans, auto loans and credit lines
- Premium is included with your monthly loan payment
- Designed especially for credit union members
- Helps protect your credit and your family budget during a tough time
Credit Life Insurance
A sudden loss can change everything. Credit life insurance helps pay off or reduce your insured loan balance (up to plan limits) if you pass away, so your loved ones aren’t left with that debt.
Why members choose it:
- Helps protect your family’s finances and collateral
- Simple to add when you take out a loan
- Peace of mind at a modest cost