Life Savings Insurance is offered by your credit union at no direct cost to you. No physical exam is required, and the coverage is automatically in effect when an eligible member opens a savings account.
The amount of insurance, subject to a Maximum Insurable Balance of $2,000 is determined based on members age at deposit prior to age 70. Please refer to the certificate of insurance for plan specific details.
Life Savings Insurance is provide by your credit union and Minnesota Life Insurance Company St. Paul, Minnesota
This description covers only the highlights of Life Savings Insurance. Your credit union will provide a certificate of insurance to eligible borrowers.