ELIGIBILITY  All member 18 and older, their spouses and the members' unmarried dependent children are eligible for coverage. 

GUARANTEED ACCEPTANCE  Every eligible member will be accepted for this coverage regardless of health or occupation. No physical examination is necessary and there are no health questions to answer.

HOW TO ENROLL  You must complete and submit the Activation Form to be eligible for the $3,000 of Basic Coverage which is provided for you at no cost.  Indicate the amount of Additional Coverage you are enrolling for on the Activation Form.  If you select Additional Coverage, you have the option of covering your family as well as yourself (Basic coverage is not applicable to dependents). 

ADDITIONAL COVERAGEAdditional Coverage up to $300,000 is available at competitive group rates. Premiums will be deducted from your account each quarter.

Additional Coverage Available Individual Plan Cost per Quarter Family Plan Cost per Quarter
$10,000 to $300,000 $3.00 per $10,000 $4.50 per $10,000

* Reduced 50% when insured attains age 70 or older. 

BENEFITS   This plan provides coverage 24 hours a day, worldwide, on and off the job and while traveling for business or pleasure and applies to the accidental loss of life, dismemberment or paralysis according to the following schedule:

  • 100% of Additional Coverage:  Accidental loss of: life; or speech and hearing; or speech and one of a hand, foot or sight of an eye; or both hands; or both feet; or sight of both eyes; or a combination of any two of a hand, a foot or sight of an eye; or accidental quadriplegia **
  • 75% of Additional Coverage:  Accidental paraplegia**
  • 50% of Additional Coverage: Accidental loss of one hand; or one foot; or sight of one eye; or speech; or hearing; or accidental hemiplegia**
  • 25% of Additional Coverage:  Accidental loss of: thumb and index finger of the same hand; or accidental uniplegia**

If an insured person has multiple losses as the result of one accident, the policy will only pay the single largest benefit amount applicable.

** Benefit amounts for quadriplegia, paraplegia, hemiplegia, and uniplegia are not payable until an insured person has been paralyzed for 365 continuous days.



  1. Inflation Benefit- your elected benefit amount automatically increases 2.5% for every full calendar year that has elapsed since you elected or last changed your benefit amount to a maximum increase of 25%
  2. Common Carrier Benefit - Business and Pleasure: If an Insured Person suffers an accidental death or dismemberment as the result of a covered accident while in, entering or exiting a Common Carrier or a Conveyance operated by a military transport service as an emergency replacement for a Common Carrier, then the additional AD&D Benefit Amount will be doubled. Common Carrier coverage does not apply to the complementary coverage.
  3. Education Expense - If you or your insured spouse or domestic partner suffers accidental loss of life, this benefit will reimburse actual incurred costs for your insured dependent children’s tuition, fees, room and board, required books and course supplied billed by an institution of higher learning. This benefit pays for each eligible dependent child who is enrolled or subsequently enrolls as a full-time student as an institution of higher learning within one year of the loss of life. This benefit will reimburse up to 5% of the elected benefit amount to $10,000 annually for each eligible child for four consecutive years up to an overall maximum of $100,000 for all children and all years combined. If there are no children who qualify for this benefit, a lump sum payment of $2,000 will be paid to the beneficiary.
  4. Rehabilitation Expense - If an accidental bodily injury causes you or your insured dependent to suffer a covered loss which:  1) prevents you or your insured dependent from performing all duties of such person's regular occupation; and 2) requires such insured person to obtain rehabilitation as determined by a Physician approved by underwriter, this benefit will reimburse a rehabilitiation expense up to 5% of the elected benefit to a maximum of $10,000.  This benefit is payable in addition to any other applicable benefits under this policy.
  5. Seat Belt and Occupant Protection Device - If you or your insured dependent suffers an accidental bodily injury resulting in a covered loss of life while operating or riding in a private passenger automobile and using a seat belt, an additional benefit of 10% of the elected benefit amount will be paid. If it cannot be determined if you or your dependent was using a seat belt then an alternate benefit of $2,000 will be paid. This benefit also pays 10% of the elected benefit amount if you or your dependent suffers an accidental bodily injury as set forth above and your or your dependent is positioned in a seat protected by a properly deployed occupant protection device. The benefit amount for occupant protection device will only be paid if a benefit amount (other than the alternate amount) for seat belt is paid. The maximum benefit amount for seat belt and occupant protection devices is 20% of the elected benefit amount to $60,000.

THE FAMILY PLAN  If you select the Family Plan, you are automatically insured for 100% of the Additional Coverage you choose, your spouse is insured for 50% of your  coverage (increases to 60% if no dependent children) and your children are insured for 20% of your coverage (increases to 25% if no spouse). Basic Coverage is not applicable to dependents. All coverage reduced by 50% at age 70.

EFFECTIVE DATE  Your insurance will become effective on the first regular billing date following acceptance of your application by the Plan Administrator, provided your first month's premium for any Additional Coverage has been paid.

BENEFICIARY Any person or persons you choose may be the beneficiary of your benefits. You may change your beneficiary at any time by written request to the Plan Administrator.

EXCLUSIONS  This policy does not apply to the extent that trade or economic sanctions or other laws or regulations prohibit us from providing the insurance. In addition no benefits will be paid for any Accident caused by or resulting from any of the following: 1) an Insured Person being in, entering, or exiting any aircraft: a) owned, leased or operated by the Policyholder or on the Policyholder’s behalf; or b) operated by an employee of the Policyholder on the Policyholder’s behalf; 2) an Insured Person riding as a passenger in, entering, or exiting any aircraft while acting or training as a pilot or crew member. (This exclusion does not apply to passengers who temporarily perform pilot or crew functions in a life threatening emergency.); 3) an Insured Person’s emotional trauma, mental or physical illness, disease, normal pregnancy, normal childbirth or elective abortion, bacterial or viral infection, bodily malfunctions or medical or surgical treatment thereof, except infections which result from Accidental Bodily Injuries. (This exclusion does not apply to an Insured Person’s bacterial infection caused by an Accident or by Accidental consumption of a substance contaminated by bacteria.); 4) an Insured Person’s commission or attempted commission of any illegal act including but not limited to any felony; 5) any occurrence while an Insured Person is incarcerated after conviction; 6) an Insured Person being intoxicated, while operating a motorized vehicle at the time of an Accident. Intoxication is defined by the laws of the jurisdiction where such Accident occurs; 7) an Insured Person being under the influence of any narcotic or other controlled substance at the time of an Accident. (This exclusion does not apply if any narcotic or other controlled substance is taken and used as prescribed by a Physician); 8) an Insured Person participating in military action while in active military service with the armed forces of any country or established international authority. (This exclusion does not apply to the first 60 consecutive days of active military service with the armed forces of any country or established international authority.); 9) an Insured Person traveling or flying on any flight on a rocket propelled or rocket launched aircraft or on any flight which requires a special permit or waiver from a governmental authority having jurisdiction over civil aviation, whether or not such permit or waiver is granted; 10) an Insured Person’s suicide, attempted suicide or intentionally self-inflicted injury; 11) a declared or undeclared War. 

Underwritten by: Insurance underwritten by Federal Insurance Company, a member insurer of the Chubb Group of Insurance Companies. The coverage described in this literature may not be available in all jurisdictions. This literature is descriptive only. Actual coverage is subject to the language of the policies issued. Exclusions and limitations apply. Chubb, Box 1615, Warren, N.J. 07061-1615.

Edward Klayman, Licensed Appointed Agent of Federal Insurance Company

Administered by: NBFSA,  P.O. Box 24279, Winston Salem, NC 27114-4279

If you have any questions, call the Plan Administrator TOLL-FREE at 1-877-539-6993, weekdays between 9 a.m. and 7 p.m. Eastern Standard Time.

This insurance is not a deposit or other obligation, or guaranteed by, the Credit Union or its affiliates and is not insured by the NCUA or any other agency of the United States or the Credit Union or its affiliates.