Free Life Savings Coverage (LS)
Maximum Individual Coverage.
Natural Death – $10,000.00
1 – 6 months of age – 25% of savings.
6 months through 54 yrs – 100% of savings.
55 yrs through 59 yrs – 75% of savings.
60 yrs through 64 yrs – 50% of savings.
65 yrs through 69 yrs – 25% of savings.
70 yrs or older – 0% ( no insurance ).
Accidental Death – $20,000.00
A member would qualify for up to $20,000.00 due to accidental death once the maximum individual coverage savings of $10,000.00 has been accumulated through age 54 or on the savings benefits percentages as shown above. The above Free Life Savings Coverage Benefit applies only for accumulated savings up to $10,000.00