Protection and Coverage
Deposit Insurance
Community Credit Union is insured by the National Credit Union Share Insurance Fund (NCUSIF). NCUSIF insurance is similar to the deposit insurance protection offered by the Federal Deposit Insurance Corporation (FDIC). The NCUSIF is managed by the National Credit Union Association under the direction of a three-person Board appointed by the President of the United States. Under the Emergency Economic Stabilization Act of 2008, the share insurance protection was increased to $250,000 on all types of accounts. Access the brochure from the NCUA.
Payment Protection Plans
Community Credit Union can help you protect your assets so you and your loved ones can rest assure you are covered in the event of an unforeseen event. We offer two types of payment protection plans:
Credit Disability
A serious disability can halt the income you need to make your monthly loan payments, which can impact your credit rating. Credit Disability Insurance is designed to provide you with funds to help you with your loan obligations. This policy makes loan payments up to the policy limits should you become totally disabled.
Credit Life
Credit life insurance is exactly what the name implies - life insurance that will pay off the amount of debt on a line of credit such as a mortgage or credit card. Getting credit life insurance on a mortgage can be relatively inexpensive and can protect loved ones in the event of an unexpected death. Credit Life Insurance pays off loan up to the policy limits should you pass away.
No-Cost Credit Card Travel Accident Insurance
Whether you are traveling across the country or around the world, you and your family are automatically covered by our no-cost Travel Accident Insurance when you use your CCU Florida VISA© Credit Card to purchase travel tickets. Use our card to purchase tickets on any common carrier - air, land or sea - and you're covered in the event of an accident or loss. No registration is required. You are covered just by using your CCU Florida card. Coverage amounts are up $500,000 and are based on the incident and type of credit card being used. For your convenience, you may download a Designated Beneficiary Form and keep with your personal records. Forms are not stored with Community Credit Union of Florida.
Credit Card Travel Accident Insurance Beneficiary Form
Additional Options:
GAP: Guaranteed Asset Protection: Additional protection for your vehicle
Auto Insurance: Coverage available at special member prices
For Additional Assistance:
Please contact a Member Service Representative at 321.690.2328 (outside Brevard, 1.800.690.2338) or send an email to [email protected]. For your security, DO NOT send account numbers or other private information using this general email address. Private, unpublished personal information should ONLY be sent through Secure Email, which is available within the Mobile App and eBranch Online Banking.
