Life Insurance
Denver Fire Department Federal Credit Union is there for you when the unexpected happens.
up to $3,000 of Life Insurance - AT NO COST TO YOU!
To show how much we value your membership, Denver Fire Department Credit Union has arranged to provide all active members. Please see the Credit Union for further information.
- Insurance is on the member whose signature appears first on the savings account. Second-names members are not insured. All members who qualify for insurance are included in the coverage. You do not need to sign up for your insurance to start. For trust accounts, insurance is on the first-named beneficiary of the trust. However, if there is a written trust agreement on file with the credit union stating that the trustee is the true owner of the account, then the trustee is the insured person.
- You are not insured for more than $3000 in savings. If the balance of your savings exceeds this amount, you are not insured for the excess. If you have savings in more than one account, the limit applies to the sum of your savings in all your accounts with the Credit Union.
Loan Insurance
up to $15,000 in Loan Insurance - AT NO COST TO YOU!
- Student Loans and FHA Loans do not qualify for Loan Insurance
- Insurance is on the member whose signature appears first on the loan note. Second-names members are not insured. All members who qualify for insurance are included in the coverage. You do not need to sign up for your insurance to start.
- You are not insured for more than $15,000. If the balance of your loan exceeds this amount, the excess is not insured. If you have more than one loan, the limit applies to the sum of all your loans. If the Credit Union pays premium for insurance in excess of this limit, such premium will be returned to the Credit Union.
- Please see the Credit Union for further information.
|
