Insurance is part of a solid financial plan. From finding a policy that fits your budget to making sure your coverage is adequate, dependable insurance can help give you peace of mind today and financial relief when you need it.
We purchase things like health insurance, car insurance, and home insurance, then hope we never need to use them. Life insurance is different because, eventually, each one of us will die.
To make a smart insurance purchase decision, it helps to have a basic understanding of what insurance does and of the different kinds of insurance available. You don’t need everything but it’s important to have a general idea of the variety of insurance available.
LIFE INSURANCE
You may already know why you should get life insurance, but the many options make it very confusing. There are two major kinds of life insurance: term and whole. The biggest difference is how long they last, although there are some smaller differences like premium rates and loan options. Click here to learn the basics about life insurance.
AD&D INSURANCE
Accidental death and dismemberment (or, AD&D*) insurance is a type of insurance that pays out when you either die or are injured (in the form of dismemberment—losing limbs or fingers) in a covered accident of some kind. It’s not life insurance, since it doesn’t cover you for anything natural, only accidents, and it also covers injuries, not just death. Click here to find out why you may need it.
AUTO INSURANCE
Generally speaking, there are seven types of auto insurance that cover the biggest risks of owning a car. Different types of auto insurance meet different driver need. Click here to read about the key types that any driver should know about. Since most of us have auto insurance, here are some tips and ideas to save money!
HOME INSURANCE
If you own a home, you want to protect it. If you have a mortgage loan, you are required to have homeowners’ insurance coverage. Home insurance covers your home in the event it is damaged or destroyed in a variety of disasters. It can also cover your personal belongings inside the home and protect you against liability claims. Here’s why you need home insurance.
RENTERS INSURANCE
If you are renting an apartment, condominium, or home, your landlord’s insurance covers only the building but does not your possessions. Without insurance of your own, you could be left to cover your losses in the event of a fire or burglary. Click to find out what renters insurance covers.
Backed by more than 80 years of working with credit unions and their members, you can count on TruStage to help protect what matters most—with products and programs for life, car and home, accidental death, and dismemberment, and more.
To get quotes or just explore your options, visit TruStage.com.
© Copyright 2017, TruStage. All Rights Reserved. TruStage® insurance products and programs are made available through TruStage Insurance Agency, LLC. Life insurance and AD&D insurance are issued by CMFG Life Insurance Company. Auto and Home Insurance Program are issued by leading insurance companies. The insurance offered is not a deposit and is not federally insured, sold, or guaranteed by your credit union. GEN-1893196.1