Why take out Health Insurance?

Whether you’re relatively healthy or chronically ill, health insurance can provide the financial protection you need from both routine and unexpected healthcare needs for you and your loved ones.

Download New Rates June 1, 2023

Health insurance typically covers preventive health services to keep you and your loved ones healthy and screen for potential health issues that could cause problems later in life.

Health insurance typically covers other essential health benefits like emergency services, prescription drugs and maternity care.

Health insurance can help protect you from high medical costs, whether expected or not, through co-payments.

If you choose to skip health insurance, you may be forced to face these costs alone. Protect both your health and financial well-being.

Why take out Life Insurance?

01 As we grow older, get married, build families and start businesses, we come to realize more and more that life insurance is a fundamental part of having a sound financial plan. You will find comfort in knowing there will be money available to protect your loved ones in the event of your passing.

02 Particularly important,If your loved ones depend on your financial support for their sustenance. This is especially important for parents of young children or adults who would find it difficult to sustain their standard of living if they no longer had access to the income provided by their partner.

03 Insurance provides an opportunity for you to create an inheritance for your spouse and children by naming them as beneficiaries. This is a great way to set your children up for a solid financial future and provide for any monetary needs that will arise.

TWCU's Comprehensive Major Health and Life Insurance Plan Benefits

  • The network of professional medical specialists, hospitals, pharmacies and laboratories. 01
  • Immediate treatment with a small co-payment without having to complete claim forms. 02
  • Claim forms must be used of practitioners and facilities outside the network 03
  • Get assistance and advice from the 24/7 answering service 04
  • Convert to an individual policy if you leave the Group 05
  • Receive lifetime coverage at reduced benefit 06


TWCU Group Health Plan is open to Members who are under the Age of Sixty-Five (65), with options for Single Coverage, Single plus One Coverage (spouse or child) or Family Coverage (spouse or children under the age of 19 years or under the age of 25 if in full -time University).

There are three Major Medical Health Coverage Amounts to choose from: $300,000 ; $500,000 or $1,000,000 And two Life Insurance Amounts : $50,000 or $100,000

Premiums are to be paid Monthly by a fixed Standing Order to ensure timely payments in order to avoid lapses.

Members must complete an Application Form and a Declaration of Insurability Form, and must submit two months premiums. Any Pre-existing Conditions may not be covered under this Health Plan. The plan is being provided by Guardian Life of the Caribbean Limited and administered by CIC Insurance Brokers Ltd.

Covid-19 Treatment at Private Health Facilities

Eligible medical expenses would be covered based on the following:

  • The client must be diagnosed with Covid-19.
  • Treatment received at Private Health Facilities including the use of medication which have all of the necessary approvals from the relevant local Regulatory Authorities for the care and treatment of Covid-19 patients.
  • Reimbursements will be made in accordance with the benefits in your health contract and will include the application of Usual Reasonable & Customary (R&C) charges where applicable.

  • The client must be symptomatic and must have a referral by a medical doctor.
  • The client is either hospitalized or scheduled for an approved medical procedure and the Covid-19 test is a requirement by that facility prior to admission.
  • The test must be sent to an approved medical lab for Covid-19 testing as indicated in the Ministry of Health regulations.