In an effort to provide you with even greater flexibility and a wider range of insurance products, we decided to form our own agency, Nutmeg State Insurance Benefits LLC. Our new agency is the first of its kind in the state of Connecticut, and best of all, the credit union owns it, which means that you own it. Owning our own agency gives us total control of choosing the best types of insurance plans offered today. We also have a voice in selecting the professionals who will be working with you, giving us more ability to enhance your financial piece of mind. Over the years, we have formed numerous partnerships in an effort to provide you with comprehensive life insurance plans, long-term care insurance, disability insurance, health insurance or lifelong income plans. Our main goal is to continue to assist you with all of your insurance needs.
Products and Services
Whole Life Insurance Whole Life Insurance helps members combine life insurance protection with an ability to grow cash value – at a competitive cost. Since Whole Life Insurance policies are highly flexible, you choose the benefit amount to fit your lifestyle and paycheck. Family coverage is available to qualified members and their spouses, children and grandchildren. Whole Life Insurance builds cash value on a tax differed basis. No physical exam required. For more information please call 1.800.243.2292.
Term Life Insurance As its name indicates, term life insurance insures you for a specific term or span of years. Because it provides “pure” insurance without any cash value accumulation, term life insurance coverage is generally less expensive initially than permanent coverage. Term life insurance provides a solution to your short-term needs. No medical exam required. For more information call 1.888.787.8243.
Critical Illness Insurance The goal of this unique policy is to help our members cope and recover from the financial stress that a critical illness or conditions causes. This insurance can help cover indirect costs associated with a critical illness that other insurance policies don’t cover. With Critical Illness Insurance you know exactly how much you will receive with a lump sum payment. Coverage ranges from $5,000 to $50,000. For more information call 1.800.243.2292.
Disability Income Insurance How long could you go without a paycheck? If you were injured and became disabled tomorrow and couldn’t work for several months, would you have enough money saved to cover your living expenses during that time? If not, you may want to consider Disability Income Insurance. This is available to working credit union members age 18 – 59 years, monthly benefits range from $400 – $2000 and are subject to income requirements. For more information call 1.800.243.2292.
Accident Insurance Accidents and injuries can happen at any time. Base Coverage includes Accident Emergency Treatment, Initial Accident Hospitalization, and Follow-Up Visit and Physical Therapy. Optional additional coverage includes a Wellness Benefit, Sickness Benefit Rider, Spouse Benefit and more. For more information call 1.800.243.2292.
Accidental Death & Dismemberment An accident can strike suddenly, whether during a business trip, vacation, or daily activities. Are you prepared financially? No one likes to think about the worst occurring, however it is a comfort to know that your family can receive a death benefit in the event of your accidental death. This benefit also covers dismemberment resulting from an accident. For more information click here or call 1.877.665.7563.
Auto & Home Because we have a strong and growing membership is able to offer members rates at considerable group discounts. For more information click here or call 1.800.842.5936.
For more information click here to send us an e-mail or call 860.513.5000 or 800.526.6933.