Insurance

PSCU Comprehensive Major Medical Plan

Logo Sagicor

In an effort to meet your medical needs PSCU in partnership with Sagicor Life Inc, offers a Comprehensive Major Medical Plan. This plan covers major medical expenses such as dental, vision, accidental death and dismemberment and preventative care benefits for you and your immediate family.

This plan offers you coverage for:

Active Members Ages 18 -59 years
Group Monthly Premium Rate (TT)
Single $290.87
Member +1 $535.03
Family $724.87
Retirees Ages 59 - 99 years
Group Monthly Premium Rate (TT)
Single $477.00
Member +1 $901.80
Requirements for Active Members
  • Approved membership (at least three months)
  • Must be 18 to 59 to enroll
  • Complete PSCU Health Plan Enrollment Form and Group Health Statement (G.H.S) Form
  • Two advance payments of the selected group
  • Supporting documents for enrollment of dependents (i.e. Electronic Birth Certificate, Electronic Marriage Certificate, Common-Law Spouse Certificate)
Requirements for Retirees
  • Must be on the Active Plan for no less than Two (2) years prior
Benefits of Medical Plan
  • Major medical expenses (Surgeries)
  • Medical expenses (Doctor visits)
  • Preventative care
  • Online Claims settlement at listed providers using your CariCare card
  • 24 hour emergency call support using your CariCare card
  • Maximum benefit for Active members of $300,000.00 (TT) over a three (3) year renewable period
  • Maximum benefit for Retiree of $300,000.00 (TT) for your lifetime.

 

CUNA Family Indemnity Plan (F.I.P.)

Logo CUNA

PSCU offers the CUNA Caribbean Insurance Family Indemnity Plan (F.I.P.) This benefit provides financial support and comfort to cover funeral expenses for yourself and up to five (5) eligible family members.

 
Enrollment Requirements
  • Members must enroll before age 76
  • Children must be between the ages 1 to 26 for coverage
  • Two advance payments of the selected group
  • Supporting documents for enrollment of dependents (i.e. Electronic Birth Certificate etc.)
Benefits of F.I.P
  • No medical examinations
  • Coverage for Spouse of Significant other
  • Benefits ranges from $10,000 to $100,000
  • Premiums starting at $52.80 to $528.20
Requirements for claiming F.I.P Benefit
  • National ID for claimant
  • National ID for deceased
  • Electronic Death Certificate

Payment Protector (P.P.)

Logo CUNA

PSCU offers the CUNA Caribbean Insurance Payment Protector (P.P). This benefit provides a temporary sickness and disability benefit that covers your regular monthly payments to your Credit Union for up to two (2) years.

Coverage Includes

  • Loan Installments
  • Insurance Premiums(health plan and family indemnity Plan)
  • Savings to shares or Ordinary deposits
Requirements
  • A loan with the Credit Union
  • A monthly P.P premium is calculated on the loan value and is payable in addition to your loan installment
  • Must be between the ages 18 to 65 years
  • Must provide proof of sickness or disability to claim the benefit  

 

 Loan Protection- Life Saving (L.P\L.S)

Logo CUNA

PSCU offers the CUNA Caribbean Insurance Loan Protection\Life Savings (L.P.\L.S.). This benefit provides insurance coverage for shares and loan held at the Credit Union and is payable upon death of the member.

Benefits
  • Maximum Share benefit of $25,000.00 (TT). The monthly share contribution is paid by the Credit Union on behalf of the member.
  • Maximum loan benefits of $100,000.00 (TT). The monthly premium is paid by the member based on the loan value.
  • Loan Protection coverage is provided up to age 69