No one can predict the directions of change. You can, however, be planning for it. Having the right life insurance should be a part of that planning. Deciding on the right kind of insurance for you and your family is an important part of this planning.

The right kind of life insurance depends on many factors, including your age, lifestyle, financial position, family status, and what you want the insurance to accomplish. Lion's Share Federal Credit Union offers access to three separate kinds of life insurance in partnership with CUNA Mutual Group to meet different needs.

1. Term Life Insurance provides low-cost, high-benefit protection for a specific time period. It does not include cash accumulation or investment features. Proceeds are paid if you die during the term specified. Finally, premiums and benefits may be either level or decreasing.

2. Whole Life Insurance offers coverage for your entire life. The premiums remain level, the same throughout your lifetime. It can accumulate cash value and has loan accessibility. It can provide a future source of money and it lets you terminate the policy and receive accumulated cash.

3. Accidental Death and Dismemberment Insurance is the third option. If you are age 18 through 69, $1000 of protection is available to you at no cost. If you wish to increase your protection, the plan also offers additional coverage at affordable group rates. There is up to $250,000 additional coverage available for you and your family at group rates that can be conveniently dedcuted from your Credit Union savings or checking account.

A general guideline is to have life insurance coverage that equals five to seven times your annual income. However, everyone's needs are different and need to be evaluated on some of the factors mentioned above. Your Credit Union is committed to creating financial security for all members. That means not only providing the best deposit and loan accounts but helping you protect your family's future as well. Therefore LSFCU has authorized CUNA Mutual to make these products available to you.

From here, call MEMBERS Financial Services Center toll-free at 1-877-636-2377 to learn more about plan provisions and benefits, at no cost or obligation. Talk with a professional licensed insurance representative about the benefits of a life insurance plan designed to meet your needs. Together you can make sure that the directions of change are favorable for your future.