New Member Welcome
The New Member Welcome program gives the Credit Union an excellent opportunity to create a positive first impression with new members, age 18–49.
New members under age 50 can apply for $50,000 of Guaranteed Issue Group Term Life Insurance. Members will be approved if applying within six months of opening an account, and they reside in the U.S., work 30 hours per week, and are able to perform the duties of a person of like age on the effective date.
| New Member Welcome (Affinity Life 5-Year Term)* | |
|---|---|
| Underwriter | New York Life Insurance Company (NAIC 66915), 51 Madison Ave., New York, NY 10010 Rated A++ Superior by A.M. Best for financial strength |
| Eligible Ages | New members age 18–49 who apply within six months of opening their account |
| Coverage Amount | $50,000 |
| Marketing | Brochure available for new members including features, costs, eligibility, ineligibility, limitations, and exclusions |
| Underwriting | Guaranteed issue for eligible new members age 18–49, who reside in the U.S., work 30 hours per week, and are able to perform the normal activities of a person of like age on the effective date |
| Rates | 5-year age band (premiums increase as new age band is attained) |
| Key Features | $50,000 in Guaranteed Issue Term Life Insurance to eligible new members** |
| *Plan benefits, features & coverage are as specified in the master policy issued to the Trustee of the Financial Institution Group Insurance Trust on policy form GMR-FACE-05998-0 and may not be available in all states. Coverage is made available through Cuenca & Associates Insurance Agency, dba LifeHelp, CA License No. 044 9782. These products are offerings for insurance, are not an obligation of or guaranteed by the Credit Union, and are not insured by the NCUA. | |