The Family Indemnity Plan is a group life insurance that provides financial comfort in the event of an insured member’s death or his/her eligible family members.

The plan covers up to six (6) family members at any one time. An eligible family member is defined as:

  • The member’s spouse
  • The member’s parents and/or parents-in-law, enrolled by age 76
  • The member’s unmarried children (age 1 – 25)

Benefits payable depends on the plan selected at the time of enrollment:

Plan A Premium
EC $26.40
* Member's Spouse/Significant Other
* Member's Parents/Parents-In-Law
* Member's unmarried children ages 1-25
* Benefits EC $5,000.00
Plan B Premium
EC $39.60
* Member's Spouse/Significant Other
* Member's Parents/Parents-In-Law
* Member's unmarried children ages 1-25
* Benefits EC $7,500.00
Plan C Premium
EC $52.80
* Member's Spouse/Significant Other
* Member's Parents/Parents-In-Law
* Member's unmarried children ages 1-25
* Benefits EC $10,000.00
Plan D Premium
EC $79.20
* Member's Spouse/Significant Other
* Member's Parents/Parents-In-Law
* Member's unmarried children ages 1-25
* Benefits EC $15,000.00
Plan E Premium
EC $105.60
* Member's Spouse/Significant Other
* Member's Parents/Parents-In-Law
* Member's unmarried children ages 1-25
* Benefits EC $20,000.00
Plan F Premium
EC $135.00
* Member's Spouse/Significant Other
* Member's Parents/Parents-In-Law
* Member's unmarried children ages 1-25
* Benefits EC $25,000.00
Plan G Premium
EC $158.40
* Member's Spouse/Significant Other
* Member's Parents/Parents-In-Law
* Member's unmarried children ages 1-25
* Benefits EC $30,000.00

The advantages of the plan include:

  • No medical examinations
  • Lifetime insurance coverage
  • Payments within 3 days on submission of birth, death and FIP certificate

Critical Illness Rider

The Critical Illness covered are:

  • Cancer
  • Heart Attack
  • Stroke
  • Paralysis
  • Major Burns

How to get in:

  • You must be enrolled in FIP to sign up
  • You may apply for the rider once you have not reached age sixty (60)
  • You are not required to do a medical when you sign up
  • You have to wait 6 months after enrollment to benefit, unless you are diagnosed with a critical illness as a direct result of an accident
Benefits
EC $15,000
Age: | Price:
<35 | $10.95
35-44 | $22.50
45-54 | $47.10
55-59 | $70.75
Benefits
EC $30,000
Age: | Price:
<35 | $21.90
35-44 | $22.50
45-54 | $94.20
55-59 | $141.90