The Recuperative Care Plan pays you cash benefits while you recover from a sickness or covered accident.
Accidental Death and Dismemberment (AD&D) Insurance pays benefits in the event of a covered serious or fatal accident.
Your acceptance is guaranteed for both of these valuable insurance plans.
With the Recuperative Care Plan, provided by Federal Insurance Company, you can get cash benefits paid directly to you. Your acceptance is guaranteed, and there are no exclusions for pre-existing health conditions.
You can collect:
In the event of a covered serious or fatal accident, Accidental Death and Dismemberment (AD&D) Insurance, underwritten by Minnesota Life Insurance Company, can pay a cash benefit at a critical time. It’s money your loved ones can use for monthly bills, debts, funeral expenses or anything else. Just choose the amount of coverage that fits you best. Your acceptance is guaranteed and there are no health questions or medical exams.
Complimentary Coverage
Members can get $2,500 of no-cost coverage that’s completely paid for by GNCU. Again, it costs you nothing and takes just moments to activate.
Additional Coverage
For even greater protection, you may purchase additional AD&D insurance up to $300,000 and extend it to eligible family members. Premiums can be deducted quarterly from your GNCU account, if you choose.
For Recuperative Care Plan:
Terms, conditions, and exclusions apply. $109,500 maximum for 365 days. You’ll receive a $300 lump-sum payment for each day you spend in the hospital ($200 from the plan’s in-hospital benefit plus $100 from the plan’s recuperation benefit). Plan benefit amounts reduce by 50% at age 65. The family plan protects your spouse and children at a percentage of your coverage amount.
This information in this literature is a brief description of the important features of this insurance plan, not an insurance contract. Actual coverage is subject to the language of the policy including applicable exclusions and limitations, and may not be available in all jurisdictions. Insurance product offered by Franklin Madison Group LLC. For California Residents: Insurance product offered by Franklin Madison Insurance Services LLC. Insurance is underwritten by Federal Insurance Company, a Chubb company. Chubb, PO Box 1600, Whitehouse Station, NJ 08889.
For Accidental Death and Dismemberment Plan:
Plan benefit amounts reduce by 50% at age 70, regardless of age at enrollment. For California Residents: Insurance product offered by Franklin Madison Insurance Services LLC. Underwritten by Minnesota Life Insurance Company.
From GNCU:
Available insurance products are not deposits of Greater Nevada Credit Union and are not protected by any type of deposit insurance, are not obligations of or guaranteed by Greater Nevada Credit Union or its affiliates, and may be subject to risk. Insurance products are not insured or guaranteed by the National Credit Union Administration (NCUA) or any other agency of the United States. Any insurance required as a condition of the extension of credit by Greater Nevada Credit Union need not be purchased from our Agency but may, without affecting the approval of the application for an extension of credit, be purchased from an agent or insurance company of the customer’s choice. Individual premiums and savings will vary.
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