Family Indemnity Plan Critical Illness Rider
Once enrolled in the Family Indemnity Plan, and was diagnosed with a serious illness, you can receive an additional benefit up to $100,000. You may sign up for the Critical Illness Rider once you have enrolled in a Family Indemnity Plan. Critical illnesses covered are: cancer, heart attack, stroke, paralysis and major burns.
CUNA does not require that a medical is done prior to signing up and persons must not attain age sixty (60) to enroll. There is a six (6) month waiting period after enrollment to benefit from the rider, unless one is diagnosed with a covered critical illness as a direct result of an accident. Members of the plan are entitled to receive only one lump sum payment for the life of the rider. If a member of the plan should pass away without making a critical illness claim before age seventy-five (75, his/her family will receive a refund of the Critical Illness Rider premium payments.