- 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 – provided to PSCU, reports, etc.)
PSCU Comprehensive Major Medical Plan
In an effort to meet your medical needs PSCU in conjunction with Sagicor Life Inc, offers you our Comprehensive Major Medical Plan. This plan covers your major medical expenses such as dental, vision, accidental death and dismemberment and preventative care benefits for you and your immediate family.
Effective February 1st, 2016 premiums have increased for the Group Comprehensive Medical & Group Life Plans.
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
Requirements for Retirees
- Must be on the active plan for no less than two (2) years prior
Benefits of Medical Plan
- Covers major medical expenses (Surgeries)
- Covers medical expenses (Doctor visits)
- Covers preventative care
- Coverage locally and internationally
- 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.)
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 (must provide one form of id & utility or bank statement no older than 3 months)
- Children must be between the ages 1 to 26 for coverage
- Two advance payments of the selected group
- Supporting documents for enrollment of dependents:
- children (electronic birth paper)
- spouse (marriage certificate)
- common-law (common-law certificate)
- parents (the member’s electronic birth certificate and the parents’ id)
Benefits of F.I.P
- No medical examinations
- Coverage for Spouse or significant other
- Benefits ranges from $10,000 to $100,000
- Premiums starting at $52.80 to $528.00
Requirements for claiming F.I.P Benefit
- National ID for claimant
- National ID for deceased
- Electronic Death Certificate
Payment Protector (P.P.)
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 Installment
- 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.PL.S)
PSCU offers the CUNA Caribbean Insurance Loan Protection/Life Savings (L.P./L.S.). This benefit provides insurance coverage for shares and loans held at the Credit Union, and is payable upon death of the member.
Benefits
- Maximum share benefit of $100,000.00 (TT). The monthly share contribution is paid by the Credit Union on behalf of the member
- Maximum loan benefit 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 69 years