| Summary
of Insurance Provisions- Life Insurance Company of North America
As a member
of the Credit Union age 18 or over you are eligible of Accidental
Death and dismemberment Insurance. Premiums for this Basic
Coverage will be paid by your Credit Union. THERE IS NO COST
TO YOU. (Coverage is subject to reductions due to age. Read
your Certificate of Insurance carefully for this information.
This summary
explains in general terms the insurance described, but in
no way changes or affects the insurance afforded under such
Policy as actually issued. All coverages are subject to actual
Policy conditions and exclusions. Each member participating
in the plan will receive a Certificate of Insurance describing
the exact coverage and benefits provided. The insurance is
provided under Policy Form # LM-21143, LM-21141
Coverage
Provider
When covered injury results in any of the following losses
within one year from the date of the accident the, Company
will provide, in one sum, the following amounts:
Loss of life…………………………………………….....….$2,000
Loss of two member (hand, foot, or eye)…….…………..$2,000
Loss of speech and hearing……………………….………$2,000
Loss of entire sight in both eyes……………….…………$2,000
Loss of entire sight in one eye………………….………...$1,000
Loss of one hand or foot…………………………...………$1,000
Loss of speech or hearing………………………..………..$1,000
Loss of thumb and index finger on the same hand…...…$500
The loss of hand or foot means complete severance through
the wrist or ankle joint: for the thumb or index finger, it
means complete severance through or above the metacarpophalangeal
joints. The loss of sight of eye means irrecoverable loss
of entire sight. The loss of speech means complete and irrecoverable
loss thereof; for hearing it means complete and irrecoverable
loss of hearing in both ears.
Who
is Eligible
All members of the Credit Union age 18 or over when applying,
are eligible for coverage. Every member of the Credit Union
age 18 or over who completes and returns an enrollment form
will be accepted.
Individual
Terminations
As long as you remain a member of the Credit Union and the
Master Policy remains in force, your coverage will be renewed.
The Group Master Policy in renewable annually.
General
Exclusions
The Master Policy does not cover any loss caused by or resulting
from: suicide or self-destruction or any attempt thereat;
declared war or any act or war; committing or attempting a
felony or illegal act; riding in ant aircraft or device for
aerial navigation except as a passenger for transportation
only (not as a pilot or crew member) in an aircraft as airworthy
by the appropriate authority of the county of its registry
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