Term Life & Whole Life Insurance
Term Life & Whole Life Insurance is now available for CCU members.
Term life insurance plays a key role in meeting the most basic life protection needs of members. Unlike permanent plans, it provides insurance protection for only a limited number of years. And because term typically does not build cash values it can often be purchased reasonably.
Whole life insurance offers coverage for your entire life. And it accumulates cash value, which is accessible in the form of loans or withdrawals. So whole life can represent a future source of money as well as protection. The premiums remain the same throughout your lifetime.
