As a Power Financial Credit Union member age 18 or older, you can help protect your family’s financial future with Accidental Death and Dismemberment (AD&D) Insurance underwritten by Minnesota Life Insurance Company.
We provide you with $2,000 of insurance coverage paid by us, and you can purchase additional coverage at group rates.
If you were to die or become disabled, how long would your family be able to pay your bills? One in four 20-year-olds can expect to miss a year of work due to a disability before retirement.1
Credit Disability Insurance helps meet the gap between the coverage you need and any disability insurance you may have.
It is designed to pay your loan payments (up to the contract limit) if you become disabled due to illness or injury and are unable to work.
You cannot be turned down for the Credit Union Paid Coverage - or any additional coverage you may select. All coverage reduces by 50% at age 70 and older, regardless of age at enrollment.
Remember, the $2,000 coverage is at no cost to you. It's compliments of Power Financial Credit Union.