| As
a member of the Credit Union age 18 or older, you are eligible
for $2,000 Accidental Death & Dismemberment Insurance. Premiums
for this basic coverage will be paid by your credit union. Coverage
is provided to all members at no cost. In order to
put your coverage in force, you must complete a form provided
by the credit union which can obtained at the credit union office
or by calling 1-800-252-2148 and ask for the Insurance Desk.
At the age of 70 coverage is reduced to $1,000.
There
is a new enrollment opportunity if members want additional
benefits for an extra charge, and premiums are deducted from
their share accounts quarterly.
This summary
explains in general terms the insurance described, but in
no way changes or affects the insurance afforded under such
Policy as actually issued. All coverages are subject to actual
Policy conditions and exclusions. Each member participating
in the plan will receive a Certificate of Insurance describing
the exact coverage and benefits provided. The insurance is
provided under Policy Series 6363.
Coverage
Provided
When covered
injury results in any of the following losses within one year
from the date of the accident, the Company will provide, in
one sum, the following amounts (reduced 50% at age 70):
Loss
of life………………………………………………
$2,000
Loss of entire sight in one eye……………………..
$1,000
Loss of two members (hand, foot or eye)……….. $2,000
Loss of one hand or foot……………………………..
$1,000
Loss of speech and hearing…………………………
$2,000
Loss of speech or hearing…………………………..
$1,000
Loss of entire sight in both eyes…………………..
$2,000
Loss of thumb and index finger on same hand…. $500
The loss
of a hand or foot means complete severance through or above
the wrist or ankle joint; for thumb or index finger, it means
complete severance through or above the metacarpophalangeal
joints. The loss of sight of eye means irrecoverable loss
of entire sight. The loss of speech means complete and irrecoverable
loss thereof; for hearing it means complete and irrecoverable
loss of hearing in both ears.
Who
Is Eligible
All
members of the Credit Union age 18 or over when applying are
eligible for coverage. Every member of the Credit Union age
18 or over who completes and returns an enrollment form will
be accepted.
Individual
Terminations
As
long as you remain a member of the Credit Union and the Master
Policy remains in force, your coverage will be renewed. The
Group Master Policy is renewable annually.
General
Exclusions
The
Master Policy does not cover any loss caused by or resulting
from; suicide or self-destruction or any attempt thereat;
declared war or any act of war; alcohol intoxication (does
not apply in Minnesota) or being under the influence of any
narcotic, drug or sedative, unless administered on the advice
of a Physician (does not apply in Michigan); committing or
attempting a felony or illegal act; riding in any aircraft
or device for aerial navigation except as a passenger for
transportation only (not as a pilot or crew member) in an
aircraft certified as airworthy by the appropriate authority
of the country of its registry.
To enroll
contact us. For EOB
call 1-800-252-2148 |
