Grand Bay Co-operative Credit Union Ltd.
FAMILY INDEMNITY PLAN (FIP)
Choose the option that best suits you :
$39.60 /mo. $7,500
$52.80 /mo. $10,000
$79.20 /mo. $15,000
$105.60 /mo. $20,000
$132.00 /mo. $25,000
$158.40 /mo. $30,000
The Family Indemnity Plan (FIP) offers financial peace of mind during a difficult time by providing a cash benefit to cover final expenses.
BENEFITS OF THE FIP:
No medical examination required
One monthly premium covers final expenses for you and up to five eligible family members
You are eligible to receive the full individual benefit (per person) where valid claims are made.
You get lifetime insurance coverage once you enroll before age 76.
WHO IS COVERED?
To enjoy coverage under any one of the seven coverage options with the FIP, you must be a member of GBCCU Ltd or another credit union. The plan you select can cover you and any combination of the following persons:
Your spouse or significant other
Any combination of up to two persons from parents or parents-in-law (these persons must be enrolled before age 76)
Your children (including dependent children under your legal guardianship, aged 1 through 25 and who are not yet married).
Children who are permanently disabled are covered for the duration of their lives once they are enrolled before age 26.