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Insurance at No Cost

One of the benefits of being a member of NBA Credit Union is that you are eligible for $1,000 of Accidental Death and Dismemberment Insurance at no cost to you! This is simply a benefit of being a member of the Credit Union and is another way in which we try to help you meet your financial needs. In addition to the $1,000 benefit provided by the Credit Union, you are also eligible to purchase additional insurance if you wish to. When you purchase additional insurance, you also receive several additional benefits including an Anti-Inflation Benefit, Child Education Benefit, Day Care Benefit and Hospital Indemnity Benefit. Coverage is also available for your spouse and children under the Family Plan. Insurance coverage is underwritten by The Hartford.

If you’ve never enrolled for coverage under this plan, you should have received information in the mail a week or so ago with information on enrolling with details on plan limitations and exclusions. While this is a benefit of being a Credit Union member, you must return the enrollment form you receive in order to be covered. If you enrolled in the program in the past, you should have received a statement showing your present level of coverage and whether or not your family is also insured. This also provides you with an opportunity to update your beneficiary designation if you wish.

If you have any questions about the coverage, please call the Plan Administrator at 800.666.6689 and press 1 for the insurance department. We hope this benefit continues to add to your financial security both now and in the future.

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