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.

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

Enrollment Period


There will be an open enrollment period of three (3) months extended to both Active i.e. members under sixty-five (65) years of age and Retirees i.e. those members sixty-five (65) years of age and older – as classified under the Plan.

All members of the Credit Union eighteen (18) years and over will be eligible to join this Health Plan during the open enrollment period.

During open enrollment members can join the plan without having to undergo medical examinations/tests.

Members sixty-five (65) years and over can join the plan only during the enrollment period.

Pre-existing conditions will be covered only from the second year of the Health Plan.