The Family
Indemnity Plan (FIP)

The Family Indemnity Plan offers peace of mind during a difficult time by providing a cash benefit to cover funeral expenses in the event of the member or his eligible family members’ death. Coverage is provided for a maximum of six eligible (6) family members as follows:

  • Member
  • Spouse or significant other
  • Children between the age 1 through 25
  • Members’ parents below the age of 76 (any two (2) persons you choose from your parents and parents-in-law)

Advantages of the Family Indemnity Plan:

  • No medical questions
  • One monthly premium covers up to 6 family members (including any two persons you choose from your parents and parents-in-law enrolled by age 76)
  • Full benefit is paid (per person) every time a claim is made
  • Payments for claims are made within 2 working days
  • Lifetime insurance coverage

Choose the option that best suits you

Plan A
$52.80 monthly
Benefit: $10,000

Plan B
$79.20 monthly
Benefit: $15,000

Plan C
$105.60 monthly
Benefit: $20,000

Plan D
$158.40 monthly
Benefit: $30,000

Plan E
$211.20 monthly
Benefit: $40,000

Plan F
343.20 monthly
Benefit: $65,000

We strongly recommend this plan to all members since it provides a measure of relief for bereaved families at a crucial time.

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