Redstone Federal Credit Union (RFCU) offers a wide range of insurance options to its members. From auto insurance to home insurance and beyond, RFCU aims to provide personalized insurance solutions tailored to each member’s unique needs and budget.
In this comprehensive guide, we’ll discuss:
- An overview of Redstone Federal Credit Union
- Types of insurance offered through RFCU
- Benefits of getting RFCU insurance
- How to become an RFCU member
- Frequently asked questions about RFCU insurance
An Introduction to Redstone Federal Credit Union
Redstone Federal Credit Union is a full-service financial institution serving over 400,000 members across the Tennessee Valley and beyond. Founded in 1951 by missile program workers in Huntsville, AL, RFCU has grown to be one of the largest credit unions in the region.
RFCU provides all the services you’d expect from a bank, including checking and savings accounts, loans, credit cards, and investment services. But as a member-owned, not-for-profit credit union, RFCU’s mission is to serve members, not make profits.
This people-first philosophy is evident across all RFCU offerings, including the insurance plans available through their subsidiary – Redstone Insurance Services. RFCU insurance aims to provide members great coverage at fair prices.
Insurance Offered Through Redstone Federal Credit Union
RFCU offers a full suite of insurance options from Redstone Insurance Services to protect what matters most to members.
Auto Insurance
RFCU’s auto insurance policies offer liability, collision, comprehensive, uninsured motorist, and other standard coverages. Special packages include:
- Responsible Driver Plan – Forgives one at-fault accident and minor violation every 36 months
- Premier Roadside Assistance – Provides towing, fuel delivery, lockout service, and more
- Premier New Car Replacement – Replaces your new car if totaled within specified timeframe
Multiple discounts are available, including good driver, new car, hybrid/electric vehicle, multi-policy, and more. Gap insurance is also offered.
Home Insurance
RFCU offers homeowners insurance, flood insurance, and umbrella liability policies to protect your home and possessions. Discounts are offered for multi-policy, age of home, protective devices, and more.
Life Insurance
Multiple life insurance options are available through RFCU, including term and permanent policies. Coverage can be purchased to protect dependents or pay off debts/final expenses.
Disability Insurance
Disability coverage provides partial income replacement if you become sick or injured and can’t work. RFCU offers short-term and long-term disability plans.
Travel Insurance
Trip protection plans provide coverage for trip cancellations, delays, interruptions, medical emergencies, and other common travel mishaps. RFCU offers individual and family travel insurance.
Payment Protection Plans
Payment protection helps pay loan/credit payments if you experience a covered life event such as job loss, disability, or hospitalization. RFCU offers payment protection for auto, mortgage, credit card, and personal loans.
In addition to these policies, some unique coverages are offered such as identity theft protection, debt protection, whole life, and more. Multiple carriers are used based on specific policy types.
Benefits of Getting Insurance Through RFCU
Purchasing insurance through Redstone Insurance Services and RFCU offers many advantages:
Personalized Service – RFCU agents take the time to understand your unique needs and tailor recommendations to fit your lifestyle, family, budget and goals.
Policy Discounts – RFCU insurance offers discounts like multi-policy, good payer, new car, and homeownership discounts to keep your rates low.
Expert Guidance – The knowledgeable RFCU insurance team walks you through all your options and steps of the process to make getting insured simple.
Convenience – Managing your insurance through your credit union keeps everything streamlined in one place.
Competitive Rates – As a large institution, RFCU leverages its size to secure very competitive insurance rates for members.
Credit Union Benefits – Your insurance payments help support the overall credit union mission of paying dividends and providing low rates.
Local Support – RFCU is local to the communities they serve, providing personalized service across the Tennessee Valley area.
Getting insurance through RFCU helps you protect what’s important while supporting an organization committed to improving your financial life.
Becoming an RFCU Member
You must be a member of Redstone Federal Credit Union to purchase their insurance products. Here are the steps to join:
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Check Eligibility – Membership is open to anyone living, working, or attending school in certain geographic areas. Use RFCU’s eligibility tool to see if you qualify.
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Open Savings Account – You’ll need to open a share savings account with a minimum $5 deposit to become an RFCU member. This serves as your credit union ownership share.
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Apply for Membership – Submit an online or paper application form to officially join RFCU and activate your new share savings account.
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Consider Added Services – Once your membership is approved, take advantage of RFCU’s great checking accounts, loans, insurance, investing, and other services.
Joining online takes just minutes. You can also visit a local branch to open your new account and become an RFCU member. Get started today!
Frequently Asked Questions About RFCU Insurance
Let’s look at some common questions about getting insurance through Redstone Federal Credit Union:
Do I have to use RFCU for banking to get their insurance?
No, you can just join the credit union and use it solely for insurance purposes if desired. You aren’t required to use RFCU for banking products too. However, you’ll need at least the $5 savings account to maintain membership.
Can I get quotes and purchase RFCU insurance completely online?
Yes, you can get quotes online to start the process. However, purchasing the policy may require speaking with an agent by phone or in person to finalize details. The entire process can be completed digitally in most cases.
What insurance companies underwrite RFCU’s policies?
RFCU uses over 20 highly-rated insurance carriers for their different insurance products, including names like Liberty Mutual, MetLife, Travelers, Safeco, and more.
How does RFCU insurance pricing compare to other options?
As a large institution, RFCU is usually able to leverage competitive group pricing that is on par or lower than other insurance providers. Their discounts also help keep costs affordable.
What is RFCU’s process for filing insurance claims?
RFCU has dedicated claims specialists to assist members throughout the claims process. They’ll help you properly file the claim and follow up to ensure you receive a timely resolution.
The Bottom Line
Redstone Federal Credit Union aims to provide members great insurance protection at fair prices. If you live or work in their geographic area, joining RFCU is a smart move to access their competitive insurance rates and get expert guidance identifying the right policies for your needs.
By bundling your insurance with RFCU, you simplify your finances under one trusted cooperative and receive discounts for having multiple policies. Check your eligibility and consider RFCU insurance for your next policy.
Redstone Insurance Services®
FAQ
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