Family Indemnity Plan

Choose the option that best suits you :

Plan A$26.40/mo.$5,000
Plan B$39.60 /mo. $7,500
Plan C$52.80 /mo. $10,000
Plan D$79.20 /mo.$15,000
Plan E$105.60 /mo.$20,000
Plan F$132.00 /mo.$25,000
Plan G$158.40 /mo. $30,000

        

Benefit

The Family Indemnity Plan (FIP) offers financial peace of mind during a difficult time by providing a cash benefit to cover final expenses. 

BENEFITS OF THE FIP:

  • No medical examination required.

  • One monthly premium covers final expenses for you and up to five eligible family members.

  • You are eligible to receive the full individual benefit (per person) where valid claims are made.

  • You get lifetime insurance coverage once you enroll before age 76.

WHO IS COVERED? 

​To enjoy coverage under any one of the seven coverage options with the FIP, you must be a member of GBCCU Ltd or another Credit Union. The plan you select can cover you and any combination of the following persons:

  • Your spouse or significant other.

  • Any combination of up to two persons from parents or parents-in-law (these persons must be enrolled before age 76).

  • Your children (including dependent children under your legal guardianship, aged 1 through 25 and who are not yet married). 

  • Children who are permanently disabled are covered for the duration of their lives once they are enrolled before age 26.