As a credit union member, you want to get the most value from all of your financial services That includes finding affordable insurance that truly protects what’s important to you Redstone Federal Credit Union now offers a full range of insurance options from home to auto and beyond.
In this comprehensive guide, I’ll explain the key benefits of insuring through Redstone and walk through the policies available to members. By understanding your insurance choices, you can identify the right plans and features for your unique needs and budget.
The Advantage of Redstone Insurance Services
Redstone Federal Credit Union originally started out providing banking and loans to members. In recent years they’ve expanded offerings to include investment services and now a full suite of insurance options. Here are some of the key advantages of purchasing insurance through Redstone
Personalized Service and Advice
The insurance specialists at Redstone take the time to understand your specific goals, finances, and concerns. They can explain options and recommend plans tailored just for you.
Policy Discounts and Rewards
Members often qualify for multi-policy, good payer, and other discounts resulting in lower premiums. Bundling multiple policies together saves you the most.
Convenience of One-Stop Shopping
You can handle all your banking, investing, and insurance with Redstone for simplified finances.
Support When You Need It
Redstone insurance experts help you each step of the way from getting quotes to filing claims.
Reputable National Insurance Carriers
The policies offered are backed by highly-rated insurance companies, not Redstone itself.
Doing business with a company you know and trust for banking is a great reason to explore their insurance offerings as well.
Overview of Insurance Options for Members
Redstone now provides access to a diverse range of insurance covering your most important assets and risks:
-
Auto Insurance – Protects against collision, liability, and other car damages.
-
Home Insurance – Safeguards your residence and possessions from weather, theft, and accidents.
-
Life Insurance – Provides money to your beneficiaries in the event of your passing.
-
Medicare Plans – Supplements government health insurance once you turn 65.
-
Travel Insurance – Covers trip cancellations, delays, medical care, and lost bags when traveling.
-
Payment Protection – Makes loan and credit card payments if you lose your job or become disabled.
-
Disability Insurance – Replaces income if injury or illness prevents you from working.
Redstone can match you with the right policies based on your property, health, life stage, lifestyle, budget, and future goals.
Choosing the Right Home Insurance
Your home is likely one of your biggest assets. Home insurance protects that investment against unforeseen damages. Redstone offers home policies with standard coverage plus many upgrades:
Dwelling Coverage
Covers repairs to your house structure itself from disasters, fires, fallen trees, and more.
Other Structures Coverage
Protects detached buildings like garages, pools, and tool sheds.
Personal Property Coverage
Reimburses you for belongings like furniture, clothes, and electronics stolen or destroyed.
Additional Living Expenses
Pays for temporary housing if your home is uninhabitable during repairs.
Medical Payments
Covers medical bills for people injured on your property.
Personal Liability
Protects you if someone gets hurt on your property and sues.
Consider added coverage like flood insurance, sewer backup, earthquake, and umbrella liability based on your region’s risks.
Auto Insurance Made Simple
Driving comes with many potential mishaps. Auto insurance keeps you covered for a wide range of vehicle headaches:
Liability Insurance
Covers injuries or damage you cause to others in an accident. It’s required in most states.
Collision Insurance
Repairs damage to your car from colliding with an object like a tree or guardrail.
Comprehensive Insurance
Protects against car theft, vandalism, fire, and natural causes like hail or floods.
Uninsured Motorist
Pays for injuries or damage from a hit-and-run or driver without sufficient insurance.
Gap Insurance
Covers the difference between what your car is worth and what you owe if it’s totaled.
Rental Reimbursement
Provides money for a rental car while yours is in the repair shop after an accident.
Talk to your Redstone agent about discounts like safe driver, low mileage, and anti-theft device savings.
Picking the Right Life Insurance Policy
No one likes to think about dying prematurely. But life insurance provides vital reassurance your loved ones will be financially secure if you pass away too soon. Redstone guides you through key considerations:
Income Replacement
Choose a policy amount allowing beneficiaries to maintain current living standards.
Funeral Expenses
Ensure funds are available to cover burial, headstone, and memorial service costs.
Mortgage Payoff
Pick a benefit amount that retires any outstanding home loans.
College Funding
Designate life insurance to fully fund future college costs for kids.
Debt Retirement
Select a policy benefit that eliminates credit card balances and other debt.
Financial Goals
Use life insurance proceeds to fund starting a business, retirement, or other dreams.
Redstone can help analyze needs and align the right policy amount, type, terms, and premiums to your budget.
Travel Insurance Protects Your Adventures
Vacations help us relax and recharge. Ensure cancelled or interrupted trips don’t ruin your travel budget with comprehensive travel insurance. Redstone offers plans covering:
Trip Cancellation
Reimburses prepaid costs if you must call off your trip due to covered reasons like illness or mandatory quarantine.
Trip Interruption
Covers return travel costs if you must cut a trip short due to an emergency at home.
Travel Delay
Provides reimbursement for accommodations, meals, and transport if your travel is delayed.
Missed Connection
Pays for extra transportation and lodging expenses to join your cruise or tour if a delay causes you to miss a connection.
Emergency Medical
Covers hospital visits, medications, and transport back home for treatment.
Lost Baggage
Reimburses you if an airline or transport company loses your luggage.
24/7 Travel Assistance
Gets you help with ticket changes, event ticketing, lost passport recovery, and other travel emergencies.
Travel insurance allows you to venture out with confidence knowing you can handle any mishaps smoothly.
Paying Premiums and Making Claims
Two other common questions members have about Redstone insurance regards payments and the claims process. Here’s what you need to know:
Premium Payment Options
You can pay your insurance premiums through automatic deduction from your Redstone checking or savings account for convenience.
Premium Discounts
Bundling home and auto insurance together or insuring multiple cars on one policy saves you the most on premiums.
Claims Process
Redstone insurance experts assist you through every step of the claims process from filing to getting your reimbursement.
Claims Ease
Make claims 24/7 by calling your insurance company or through their mobile app in many cases.
Knowing the ins and outs of insurance billing and claims at Redstone gives you confidence and peace of mind.
The Bottom Line on Redstone Insurance
Whether you need to protect your home, cars, health, vacation, or family’s financial future, Redstone Insurance Services has you covered. Their personal touch, member discounts, and breadth of policies simplifies getting properly insured.
Chat with a Redstone insurance specialist to get quotes and evaluate options fully customized to your property, lifestyle, budget, and future goals. They make it easy to find just the right plans so you can worry less and live more.
THE REDSTONE DIFFERENCE
Redstone is here to help you live brighter as you reach higher
Wherever you are in life, Redstone offers great rates to help you achieve your goals. Your money will get you more and do more when the rates on loans and credit cards go down and the rates on investments and savings accounts go up.
Redstone exists solely to serve our members. Every day we strive to earn your trust. We care about you, and it shows in every product, transaction, and smile. We’ll take the time to explain the terms of a loan or help you make a long-term financial plan.
We know you dont want to be tied down by fees. Redstone has many credit cards and bank accounts so you can keep more of the money you earn.
At Redstone, it’s all about you. You’re not just a number—you’re part owner and a valuable member of the Redstone family. Quite simply, our commitment to our members and our community is what sets us apart.
With award-winning mobile apps, 24/7 online availability, thousands of surcharge-free ATMs in the U. S. With branches all over the Tennessee Valley and around the world, Redstone gives you more ways to manage your money and make your life easier.
Informed members make wise financial decisions. That’s why we’re so passionate about educating and empowering our members. Redstone offers free seminars, useful advice, and helpful tips for all of life’s important events. Use them to take charge of your financial future.
All loans are subject to credit approval. You must be an RFCU® member to obtain a loan. Rates are determined by an evaluation of applicant credit at account opening. Your rate may be different. Other restrictions may apply.
1.As of now, the annual percentage rates (APR) for variable rate products are as low as 2% for Variable – 20% for Visa Signature, as low as 2% for Variable – 20% for Visa Traditional, and as low as 2% for Variable – 20% for Visa Traditional Share Secured. Variable APRs will vary with the U. S. Prime Rate. The Visa Traditional (Fixed) APR is % Fixed and is fixed for the term of the loan.
2You will receive 30,000 MyChoice Rewards bonus points when you spend $3000. To get the bonus MyChoice Rewards points, you must use your Redstone Visa Signature credit card to make purchases totaling at least the promotional amount within the first 90 days of opening your account (the promotional period). This includes returns, credits, and adjustments. The bonus MyChoice Rewards points do not apply to balance transfers, credit card checks, or overdrafts. The bonus MyChoice Rewards points will only be given to credit cards that are open and in good standing at the time of fulfillment. Allow 45 days after promotional period has ended for bonus MyChoice Rewards points to post to your account. Promotional offers are included in the calculation.
* APY=Annual Percentage Yield
** APR=Annual Percentage Rate
Redstone Insurance Services®
FAQ
Is Redstone Federal Credit Union insured?
What insurance protects your money in a credit union?
How do I know if my credit union is NCUA insured?
Who are most credit unions insured by?
Who is Redstone Insurance Services Group?
Redstone Services GroupSM, LLC d/b/a Redstone Insurance Services, is a wholly owned subsidiary of Redstone Federal Credit Union® (RFCU®) but are separate entities. Redstone Services Group, LLC is a licensed insurance agency that sells insurance policies issued by third party insurance companies.
How do I get insurance from Redstone Federal Credit Union?
Must be Redstone Federal Credit Union (RFCU) member to obtain certain insurance products. Must be eligible for membership and open a share savings account to join. A $5.00 minimum balance is required to open share savings account and must be maintained in share savings account at all times. Fees and other restrictions may apply.
Why should you join Redstone Federal Credit Union?
The benefits of a Redstone membership extend far beyond convenient banking solutions, competitive rates, and sound financial advice. For more than 70 years, Redstone Federal Credit Union has focused on the unique needs of our members. We strongly believe in improving our members’ lives and supporting them as they reach their goals.
Can I get a loan from Redstone RFCU?
Take control of your financial future with Redstone’s free seminars, practical advice, and valuable tips for all of life’s milestones. All loans are subject to credit approval. You must be an RFCU® member to obtain a loan. Rates are determined by an evaluation of applicant credit at account opening. Your rate may be different.