Life and Health Coverage includes policies designed to protect the financial impact caused by sickness, injury, or even death. When an insured individual is deceased, Life Insurance pays his/her designated beneficiary(s). It is a critical financial planning tool to provide your family with financial resources in your absence.

Long Term Care Insurance

Long-Term Care (LTC) insurance covers the high cost of nursing home or at-home care – the focus of increased concern for many people, considering the aging population and uncertainty about government-sponsored programmes. Without proper planning, a serious accident or illness could very quickly deplete your hard-earned savings. Only Long-Term Care insurance can provide you with the financial security you need and deserve in your retirement years. Speak with a UNFCU Financial Advisor today and learn how UNFCU members, spouses and immediate family can benefit from available programme discounts of up to 10%. We also offer portable coverage for non-US citizens currently living in the US, but planning to retire abroad.

Life Insurance

Life insurance is available in many locations worldwide. There are two basic polices: Term Life and Regular Life (also known as Whole Life).
• Term Life, compared to Regular Life, requires lower payment upfront. In return for the premium the insured receives protection for a specific period of time. Policy terms can vary from ten (10), fifteen (15), twenty (20), or even fifty plus (50+) years.
• Regular Life requires higher upfront cost than that of Term Life; however, unlike Term Insurance, Whole Life begins to build a Cash Value. The Cash Value, a fund the insured may borrow from at extremely low interest rates, can be used to increase the overall policy benefit, or to reduce/eliminate annual premium payments. Over long periods of time Whole Life can even be less expensive than Term Insurance.
To determine whether Term or Whole Life Insurance is right for you, contact an Insurance Advisor for your complimentary consultation today.

Health Insurance

Health insurance helps pay medical bills and other expenses in the case you become sick or injured. The coverage may pay your physician, hospital, or pharmaceutical expenses. Policies may provide additional funds if you are incapacitated for an extended period of time.

Back To Top