The following life and health insurance products are available for purchase from CUMIS Insurance. CUMIS offers these products to Servus Credit Union member-owners by mail.
Accidental Death Insurance
Accidental Death Insurance is available to Servus Credit Union members and their spouses who are between the ages of 20 – 74. Beneficiaries of Accidental Death coverage will receive a payout if death is caused by bodily injury by external, violent and accidental means or solely from an accidental drowning.
Coverage Amounts: $25,000; 50,000; $100,000; $150,000 or $200,000
Special Features:
-
There are no physical or health questions to be completed.
-
Up to an additional $50,000 will be paid if death results from an accident while traveling anywhere
in the world as a fare paying passenger on a regularly scheduled airline.
-
Coverage is renewable until age 80.
-
30-day money back guarantee.
-
Additional $2,000 of No-Cost Coverage provided to insured.
Final Needs Insurance
Final Needs insurance is a whole life product offering coverage for legal and funeral expenses. It is available to Servus Credit Union members and their spouses age 50 – 75.
Coverage Amounts: $5,000; $10,000; $15,000; $20,000 or $25,000
Special Features:
-
$500 lump sum legal benefit paid up-front at the time of the claim.
-
30-day money back guarantee.
-
Double Benefits — up to $50,000 — for accidental death.
Hospital Accident Plan Insurance
This insurance provides a living benefit which can be used by the member for lost income, household bills, private rooms and childcare while the member is hospitalized due to an accident. Hospital Accident Plan Insurance is available to Servus Credit Union members and their spouses aged 20 – 65.
Coverage Amounts: $100; $150 or $200 a day
Special Features:
-
Pre-approved.
-
No health questions to be answered.
-
The member is paid directly (tax-free) for up to one full year per hospitalization within Canada and up to 30 days for hospitalization outside of Canada.
-
30-day money back guarantee.
-
Coverage continues up to age 80.
Term Life Insurance
This insurance product offers life insurance coverage at a very affordable cost. It allows members to financially protect their loved ones from the unexpected and is available to Servus Credit Union members and their spouses aged 16 – 65.
Coverage Amounts: $50,000; $100,000; $150,000 or $200,000
Special Features:
-
An accelerated death benefit is paid out if the insured is diagnosed by a physician as suffering from a terminal illness. This will be paid out to the life insured equal to 50% of the death benefit.
-
30-day money back guarantee.
For more information on any of these products or to be removed from future mailings, please contact CUMIS Insurance at 1.888.263.5110, weekdays 8:00 a.m. to 8:00 p.m. EST.
