Auto & Home Insurance

You know you should have a comprehensive, cost-effective network of coverage, but what you need and how much can be confusing.

About MEMBER’S CHOICE®

There is no way anyone can predict an injury, medical-related illness, or an unexpected death, but you can take steps along the way to make sure your family is protected if the unforeseen were to happen.

How does it work?

The premium is included in your monthly payment. If you have a balance on your loan and are totally disabled due to injury or illness, or in the event of an unexpected death, MEMBER’S CHOICE Debt Protection can help.

Why is it valuable?

MEMBER’S CHOICE Debt Protection works in two different ways. You and your family won’t have to make loan payments if you’re totally disabled due to an injury or medical-related illness.

MEMBER’S CHOICE® Debt Protection

MEMBER’S CHOICE Debt Protection helps pay your loan so you and your loved ones don’t have to. By taking a few simple steps while signing your loan paperwork, you’re helping take responsibility for your family’s financial future. Your loan officer can show you how. You won’t receive extra bills or statements because everything is included in your monthly payment.

It will help pay your loan until you’ve fully recovered. In the event of an unexpected death, it will pay off the loan. Savings, salary, or payoffs from other life insurance may be protected, giving your family financial freedom when they need it most.

You can cancel within the first 30 days for a full refund or at any time after that if you change your mind. If at any point you have questions or if your family needs to file a claim, simply contact your credit union. Once you complete the loan documents, coverage begins for eligible borrowers.

Visit Central Maine Federal Credit Union or call (207) 777-6202 to learn more or to enroll today.

notice of changes in temporary nCUA insurance coverage for transaction accounts

All funds in a "noninterest-bearing transaction account" are insured in full by the National Credit Union Administration through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to members under the NCUA's general share insurance rules.

The term "noninterest-bearing transaction account" includes a traditional share draft account (or demand deposit account) on which the insured credit union pays no interest or dividend. It does not include any transaction account that may earn interest or dividends, a negotiable order of withdrawal ("NOW") account, a money-market deposit account, and interest on a Lawyers Trust Account ("IOLTA"), even if share drafts may be drawn on the account.

For more information about temporary NCUA insurance coverage of transaction accounts, visit NCUA.gov.

TruStage Insurance

Credit unions like ours make TruStage insurance programs available because they’re founded in value, honesty, and knowledgeable support. The companies behind TruStage were formed by credit unions, for credit unions and their members. As part of your financial planning, we invite you to discover how these products and programs might be right for you.

Accidental Death and Dismemberment (AD&D) Insurance

$4,000 of TruStage™ Accidental Death and Dismemberment Insurance Coverage Is Yours.

One of the exclusive benefits of your credit union membership is access to TruStage insurance products. In fact, our credit union makes an Accidental Death and Dismemberment (AD&D) policy available at no cost to our members. AD&D insurance provides benefits for accidental death and covers permanent injuries that result from accidents.

As a member of our credit union, you automatically qualify for this no-cost coverage, but you must activate it first.

In addition to your complimentary coverage, you can also add more coverage if you like. Why? Because an accident that causes death or permanent injury could have a lasting financial impact on your family. For more information, go to www.TruStage.com/ADDcoverage.

Use the FastApply AD&D process at www.TruStage.com/ADDcoverage to activate your no-cost coverage in three minutes or less or apply for additional coverage. You can also call 1 (800) 798-8798. There’s no cost or obligation.