Oxford Federal Credit Union

Advantages of each kind of Life Insurance

Term Life Insurance
~ Provides affordable. high-benefit protection for a specific time period.
~ Does not include cash accumulation or investment features.
~ Proceeds are paid if you die during the term.
~ Premiums and benefits may be either level or decreasing.

Whole Life Insurance
~ Offers coverage for your entire life.
~ Premiums remain level, the same throughout your lifetime.
~ Policy loans can provide a future source of money.

Term or Whole Life Insurance?
There are obvious advantages to both term and whole life insurance coverages. So, how do you know which coverage is right for your family? There are insurance professionals standing by right now that can help you sort out the details and choose the right coverage that makes sense for you. Call CUNA Mutual now toll-free at 1-877-MEMBERS or go to: http://members.cunamutual.com/h2/insurance.aspx?SITE=01800762

Reasons for Life Insurance
~ Helps prepare for the unexpected (such as death or a loss of a job).
~ Is designed to safeguard growing financial commitments (marriage, children, mortgage, etc.).
~ Helps to protect loved ones if you and/or your spouse should die prematurely.
~ Can build and protect funds for a child's college education
~ Can provide a cash value to help balance your more aggresive investments.
~ Can accumulate and secure money for retirement.
~ May be used to cover final and estate expenses
~ A way to leave money to charity.

The insurance offered through CUNA Mutual Insurance Society is not federally insured or guaranteed or sold by Oxford Federal Credit Union. Oxford Federal Credit Union enables this insurance program to be offered and is entitled to compensation from CUNA Mutual Insurance Society for doing so. Products may not be available in all states. Be sure to understand the complete details of coverage, including any exclusions or limitations.

http://members.cunamutual.com/h2/insurance.aspx?SITE=01800762

Mexico Office:
225 River Road
PO BOX 252
Mexico, Maine 04257
Phone: 207.369.9976
Fax: 207.364.8962

Norway Office:
54 Fair Street
Norway, Maine 04268
Phone: 207.743.2638
Fax: 207.743.7138

Email: oxford@ofcu.org
Toll-free: 800.991.9219