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Insurance Services
One of the ways you can consider Clinchfield Federal Credit Union as your primary source
for all of your financial needs is to take advantage of a full complement of insurance protection.
Clinchfield Federal Credit Union pays the premiums for the following three insurance policies:
(1) National Credit Union Share Insurance Fund (NCUSIF)
Properly established share accounts in federally
insured credit unions, like Clinchfield Federal
Credit Union, are insured up to $250,000. Generally,
if a credit union member has more than one account
in the same credit union, those accounts are added
together and insured up to $250,000. Additional
coverage is available on payable on death accounts.
You can now name a parent or sibling as a beneficiary
to get separate coverage. A joint owner’s
interest in all joint accounts in the same credit
union will be added together and insured up to
$250,000. This share insurance is similar to the
deposit insurance protection offered by the Federal
Deposit Insurance Corporation (FDIC). As a member
of an insured credit union, you do not pay directly
for your share insurance protection. Your credit
union pays into the NCUSIF a deposit based on
the total amount of insured shares and deposits
in the credit union.
(2) Life Savings Level Term Life Insurance
As an eligible member of the Credit Union, this
$2,000 Maximum Coverage insurance policy insures
the member whose name appears first on the share
account. Second-named members are not insured.
All members who qualify for insurance are included
for coverage. You do not need to sign up for your
insurance to start. The Credit Union pays your
premium. You pay no direct charge to keep your
insurance in force. The amount of your insurance
is based on the insured balance of your savings
on the date of your death and how old you were
on the date of each deposit that makes up that
balance. All claims are filed by the Credit Union,
after a copy of the death certificate has been
provided.
(3) Accidental Death and Dismemberment Insurance
As a member of the Credit Union, you may be entitled to receive $2,000 of 24-hour Accidental Death and
Dismemberment Insurance. There is no cost to you. The Credit Union pays the premiums. However, you must
send in your completed application form for enrollment in the plan. Please contact the Affinion Group with
questions at 1-800-860-7182.
Additional Member Service Options:
MEMBERSŪ Auto and Homeowners Program
1-800-779-7905
You trust Clinchfield Federal Credit Union to provide you and your family with quality products and services to
meet your financial needs. We've joined with a dedicated team of insurance professionals to bring you the
MEMBERSŪ Auto and Homeowners Insurance Program.
MEMBERS Auto and Homeowners is the property and casualty coverage solution preferred by the most credit unions and their members. Convenient e-service, pay your bill or make changes to your policy, even report a claim. Receive fast, easy access to claims service 24-hours a day. Obtain a free no obligation quote or locate an agent at the local Liberty Mutual sales office.
The MEMBERS Auto & Home Insurance Program is underwritten by leading insurance companies, including Liberty
Mutual Insurance Company and its affiliates, 175 Berkeley Street, Boston, MA. The insurance offered is not a
deposit and is not federally insured or guaranteed by your credit union.
Loyal American
Life & Cancer Policies
1-800-633-6752
Transamerica
Cancer/Supplemental Policies
1-800-322-0426
CUNA Mutual offers a full range of group and individual insurance coverage to help protect
yourself and your family.
CUNA Mutual
Accidental Death & Dismemberment / Life Policies
1-800-779-5433
CUNA Mutual
Long Term Care Policies
1-800-443-6003
https://www.membersltc.com/?CU=041-0057-9
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