Minimize Liability Risks with Special Insurance Package (SIP)

• Protect your credit union and your directors, volunteers and employees through corporate and employment practices liability
• Select coverages and limits based on your unique needs

Even though your credit union may carefully monitor its day-to-day duties, the reality is that even a small financial or legal mistake can result in your credit union or staff facing exposure to liability.

The suite of five policies available within our Special Insurance Package are designed to protect against unique exposures faced by either a credit union and/or its directors, volunteers and employees. Underwritten by CUMIS Insurance Society, Inc., a member of CUNA Mutual Group, the Special Insurance Package meets NCUA requirements for credit unions and includes these five policies:

• Directors, Volunteers and Employees
• Fiduciary Liability
• Supplemental Entity Litigation
• Lender Liability
• Employment Practices Liability

Program advantages:

• Helps protect your credit union, directors, volunteers and employees from liability for unique exposures
• Provides investigation and payments with a personalized understanding of circumstances surrounding the claims event
• Allows your credit union to select coverages and limits unique to your credit union’s requirements
• Work with a credit union partner focused on anticipating your credit union’s business needs

Contact us…

• CU Protection Response Center @ 1-800-637-2676
• CUNA Mutual Sales Executive @ 1-800-356-2644
• Send us an e-mail 

Additional information:
"New" Special Insurance Package (SIP) Description  (837 KB/4 pages)		For policies renewing on or after October 1, 2007
Special Insurance Package (SIP) Description  (847 KB/4 pages)		In effect for policies renewed prior to October 1, 2007

BOND-1207-1920