Skip to main content

American Income Life and Firefighter Credit Unions



Dear Firefighter Credit Union,
While some of our NCOFCU Firefighter Credit Union members have been participating in the American Income Life Insurance Company (AIL) “no cost” benefits programs for many years, we would like to introduce AIL and its offerings to all of our NCOFCU Firefighter Credit Unions not currently participating. I have asked the Public Relations/Marketing Representative from AIL to contact you to discuss making their No Cost Benefit Program available to your NCOFCU Credit Union. AIL is strongly committed to serving Firefighter Credit Unions and the working family agenda.
The benefits program available through AIL includes the following:

  • $3,000 group Accidental Death and Dismemberment benefit, which is provided at no cost to all members of your credit union
  • Health Services Discount Card providing up to 60% discounts on Vision Care, Hearing Aids,Prescription Medication, and Chiropractic Care (Not available in all states.)
  • Child Safe Kits endorsed by the International Union of Police Associations
  • After several discussions with AIL regarding their products, we have found the no-cost benefits to be beneficial to NCOFCU Firefighter Credit Union members and their families.

We have, therefore, encouraged AIL to contact each NCOFCU Firefighter Credit Union that they are not working with to explain the programs and provide the necessary details for implementing them. There is no obligation for any NCOFCU Firefighter Credit Unions to participate.
If a NCOFCU Firefighter Credit Union elects to participate, the following should be kept in mind. Each member will receive a letter from their NCOFCU Firefighter Credit Union telling them that they are covered for this benefit at “no cost” to the member.
After the announcement letter, the AIL representative would call on each member that has returned the prepaid reply card to explain the AD&D benefit, deliver the Certificate of Coverage and obtain the beneficiary designation. Although each member of a participating NCOFCU Credit Union is covered from the date the NCOFCU Credit Union is issued the group policy, it is still important that the member have the opportunity to understand the coverage and designate a beneficiary.
When the AIL representatives call on members who have returned their reply card, in addition to providing the service of explaining the benefit plan, they will make available to the members (on a voluntary basis, of course) information on the additional insurance programs AIL offers.
At no point is there ever any cost to your NCOFCU Credit Union relative to the mailing, printing, postage, etc. We urge you to consider participating in this program being made available by American Income Life Insurance Company. \ 
For more information contact our representative,  Crystal Senour, Public Relations/Marketing Specialist, AIL Ins.Co.,Inc, crsenour@ailife.com, 908-442-2046  

Comments

Post a Comment

Please no profanity or political comments.

Popular posts from this blog

Trump Administration Spurs Credit Unions' Return To Cryptocurrency

  03/06/2025 06:11 pm Share         By Ray Birch DALLAS—The Trump Administration is bringing more credit unions back to offering cryptocurrency, says Bank Social, which offers advice to CUs considering stepping into this space. The return to offering the service by more credit unions follows a sharp decline in cooperatives offering crypto services to members following the collapse of FTX in late 2022 and the sudden departure of NYDIG within the CU industry not long afterward. Becky Reed, COO of crypto platform Bank Social, said the two primary reasons credit unions are coming back is the Trump Administration’s pro-crypto agenda and its emphasis on deregulation. “The last six months we have seen interest begin to gain ground in digital assets—not just for investing but for payments, fractional lending and more,” said Reed. GlobalData banking analyst Harry Swain said FIs could face fewer crypto regulatory hurdles under the Trump Administration. “As you'll, recall ...
Post a Comment
Read Complete Article HERE>»

Buy Now, Pay Later Keeps Gaining Ground: New Study Shows Growth Surge

03/10/2025 06:31 pm Share         TROY, Mich.— A new study reveals the appeal of buy now, pay later is not waning, as the service saw significant growth last year. The J.D. Power 2025 U.S. Buy Now Pay Later Satisfaction Study shows BNPL enjoyed continued, significant growth in the number of consumers using the product year over year, with the highest usage among consumers from Generations Y and Z, and the highest growth period during the holidays. “The BNPL segment has undoubtedly grown in popularity, with more customers using these services than ever before,” said Sean Gelles, senior director of banking and payments at J.D. Power. “That’s been especially true around seasonal periods of higher spending, such as the holidays. Card-based BNPL products continue to lead the charge on satisfaction, as issuers are leveraging their existing brand awareness and equity to retain would-be defectors.” Following are some of the key findings of the 2025 study: Gene...
Post a Comment
Read Complete Article HERE>»

Caught in Dot Partners with Boston Firefighters Credit Union

2 min read By  Maureen Dahill Published On: March 13th, 2025 Categories:  News 0 Comments on Caught in Dot Partners with Boston Firefighters Credit Union Big news, Dorchester!  Caught in Dot  is proud to announce our partnership with  Boston Firefighters Credit Union (BFCU) —a true neighborhood institution that’s been serving our local heroes since 1948. As a woman-owned business, we’re thrilled to team up with a community partner who shares our values of supporting and uplifting the people who make Boston great. BFCU was founded by Boston firefighters with one mission in mind:  “People Helping People.”  What started as a way to assist firefighters struggling financially has grown into a full-service financial institution serving  nearly 12,000 members —but their dedication to first responders and their families has never wavered. Over the years, membership has expanded beyond firefighters to include all Massachusetts first responders, including p...
Post a Comment
Read Complete Article HERE>»

The Pros and Cons of Tariffs

Since there has been so much discussion on Tariffs, I felt a post would benefit our membership. Grant Sheehan CEO NCOFCU Tariffs 1440 Business & Finance Background A tariff—a word derived from the Arabic arafa, meaning “to make known”— is a tax imposed by a government on goods that are imported or exported . Historically, tariffs have served as a primary source of revenue and a means to protect domestic industries, as they make foreign products more expensive, encouraging consumers to purchase locally produced goods. The tools have a checkered history, famously bolstering US textiles, German steel, Japanese cars, South Korean technology, and more, arguably contributing to major economic downturns like the Great Depression. Tariffs can be specific (a fixed fee per unit) or ad valorem (a percentage of the item's value). Purpose Economically, tariffs aim to protect domestic industries, generate government revenue, and influence trade policy. By imposing taxes on imported goods —wh...
Post a Comment
Read Complete Article HERE>»

Mike Richards CPA Industry Trends

Weekly News Summary Here are some things that were in the news last week. Please share these articles with your Supervisory Committee and Board of Directors. If you missed previous editions of the weekly news, summaries of those can be viewed at our archive.    Happy Holidays! Mike Richards, CPA      Economic and Industry Issues Knowledge is the key to effective corporate governance. Staying abreast of economic and industry issues affecting your credit union will prepare you for those responsibilities. Facing year-end cut off, U.S. banks scramble to extend COVID accounting relief Read More  NCUA Quarterly U.S. Map Review – Third Quarter 2020 Read More  Payments Trends In The Age of Coronavirus Read More  The lasting impact of COVID-era audits Read More   Regulatory and Accounting Issues ...
Post a Comment
Read Complete Article HERE>»