ACCIDENTAL DEATH & DISMEMBERMENT

According to the National Safety Council in 2001, accidents are the leading cause of death for people under age 34, and the fourth leading cause of death for people in all age groups.1 Personal accident death insurance is an important addition to credit union insurance portfolios.

This specific Accidental Death insurance plan has been providing Credit Union members with Accidental Death & Dismemberment insurance benefits since 1985. Your members may apply online for the Basic insurance coverage, $2,000 at no cost to the member. Click here to see how easily your members can apply online. Each member that applies online is provided a Certificate of Insurance ~ and an opportunity to enroll in the Voluntary coverage.

The member selects the limit of additional coverage in amounts of $10,000 to $250,000 and their account will receive periodic premium deductions. Family coverage can be elected to include the spouse and children….and the coverage - it’s more affordable than life insurance.
Voluntary Coverage is available to all members age 18 and over…and there is no termination age.

• Benefits for Accidental Death
• Benefits for Accidental Dismemberment and Paralysis
• Return of Premium, premiums returned to the beneficiary if the insured should die due to an accidental death (in addition to any Voluntary Coverage amount)
• The Inflation Protection Benefit
• Seat Belt Provision
• Common Carrier Coverage - Double Indemnity
• In-Hospital Benefit
• Education Assistance Benefit (Family Plan Only)

Service fees are based on the credit union’s needs and requirements. We can provide you with a flexible array of service fees as well as providing you with a choice for contract terms.

Our main concern is maintaining the integrity of the credit union Accidental Death insurance program while providing you and your members with a seamless conversion.

CARRIER
New York Life Insurance Company

New York Life Corporation is headquartered in New York City, New York. For more than 150 years, New York Life Insurance Company's unwavering financial strength and time-tested investment strategies have provided consistent value and solid financial protection for our clients and their families. Along with nearly $144 billion in consolidated assets (as of December 31, 2003), New York Life Insurance Company holds a stable and diversified portfolio and consistently receives among the highest ratings
for financial strength from the life insurance industry's independent rating agencies. A.M. Best, independent insurance industry analysts, currently rates New York Life A++ (Superior).