Family Indemnity Plan
The loss of a loved one has an emotional cost, and a financial cost as well. But with the Family Indemnity Plan from CUNA Caribbean Insurance you’ll have financial comfort during a difficult time. It provides a benefit to help cover the funeral costs for yourself and eligible family members.
As the Primary Member of a Family Indemnity Plan, you can enjoy added coverage for Critical Illnesses when you purchase the Rider. The premium applicable for the rider is based on your age at the time of enrollment.
Advantages of the Family Indemnity Plan:
- No medical questions
- One monthly premium covers up to 9 family members (including any two persons you choose from your parents and parents-in-law). All persons must be enrolled before the age of 76 and children must be between ages 1-25
- Full benefit is paid (per person) every time a claim is made
- Payments for claims are made within 2 days
- Lifetime insurance coverage
Click the Image or Link Below to download the Brochure
Family Indemnity Plan Brochure
New Family Indemnity Plan Rates Effective June 1, 2025
|
Plan |
Coverage |
Premium |
|
A |
$10,000 |
$63.40 |
|
B |
$15,000 |
$95.10 |
|
C |
$20,000 |
$126.80 |
|
D |
$30,000 |
$190.20 |
|
E |
$40,000 |
$253.60 |
|
F |
$65,000 |
$412.10 |
|
G |
$100,000 |
$634.00 |
Rates are subject to change.
New Benefits Under the Family Indemnity Plan
- Terminal Illness Benefit: If an Insured Member or Person is diagnosed with a terminal illness and has less than six (6) months to live, they can receive their full Plan Benefit while still alive.
- Accidental Death Benefit: If the Insured Member dies due to an accident, the Plan will pay double the Coverage amount.
- Coverage for More Children: The Plan now covers up to five (5) children. Expanded coverage will extend to children who financially depend on the Insured Member, whether they are biological, adopted, or otherwise. This therefore means that the Plan will now cover up to nine (9) family members.
Terms, Conditions and Waiting Periods Apply. The insurance product mentioned here offers a brief description of the Coverage. For complete details including limitations of the coverage please refer to your Family Indemnity Plan policy or, Contact our offices for more details.
For more plan details or to sign up for a Family Indemnity Plan visit our offices or contact us today at:
-
- Email: Marketing@tranquillitycu.com
- WhatsApp: 868 432 2318
- Call -235-8130
