PROTECT · DEBT PROTECTION · LIFE PROTECTION

Don’t compound worry on top of those unexpected life events.

The Credit Union’s Life Protection can help you and your family take the worry out of making those loan payments when unexpected life events happen. We can include the cost in your payments, and it would cover the following:

Pays off your loan balance up to $50,000 in the event of death1 2

Pays off your loan balance up to $50,000 in the event of accidental dismemberment and/or terminal illness1 2 3 4

Payment cancellation of 3 months or $3,000 for Hospitalization, Family Medical Leave, or a Loss of Life of a Non-Protected Dependent5 6 7 8

The Credit Union offers 3 different grades of protection for you and your family:

GRADE A

GRADE B

  • Life Protection
  • Disability Protection

GRADE C

  • Life Protection

1 Graded benefit at age 70; no age maximum

2 Pre-existing condition exclusion applies for first six months

3 Accidental Dismemberment protects the loss of eye, foot or hand within 90 days of causal accident

4 Terminal Illness protects a diagnosis of a terminal illness with less than 12 months to live

5 Hospitalization protects a minimum hospital stay of 48 hours to receive 3 months or a maximum $3,000 per occurrence

6 Family Medical Leave covers 14 consecutive days of unpaid family medical leave to receive 3 months or a maximum $3,000 per occurrence

7 Loss of Life of a Non-Protected Dependent (i.e. a child) benefit is 3 months or a maximum $3,000 per occurrence

8 One occurrence per rolling 12 months applies to all 3 benefits individually

9The products are optional. Your credit approval cannot be conditioned on whether you purchase any of these products. You may obtain these products to protect your loan from an entity not affiliated with Calcasieu Teachers & Employees Credit Union.

CALCASIEU TEACHERS & EMPLOYEES CU

PO Box 16134
Lake Charles, LA 70616
(337) 433-4525

Copyright 2019 · ALL RIGHTS RESERVED

CALCASIEU TEACHERS & EMPLOYEES CU

PO Box 16134
Lake Charles, LA 70616
(337) 433-4525

Copyright 2019 · ALL RIGHTS RESERVED