By now, all members who have a TEUCU Line of Credit (LOC) or a TEUCU Loan should have received notice of the changes to the Free Life Insurance on our loan products. Many people have been wondering who CRI Canada is. CRI Canada is a subsidiary of The Life Investors Insurance Company of America (LIICA), and they are our new Loan Insurance Providers. Basically, any TEUCU Loan dated before July 1, 2006, will continue to have the free life insurance until the date of maturity, or until the loan is refinanced. For any loan thereafter the member will be given the opportunity to purchase life or life & disability insurance. For TEUCU LOC, the free life insurance will continue until December 31, 2006, at which time the free coverage will be cancelled and members will have the opportunity to purchase it on a member pay basis. Any members that consider Insurance to be a prudent investment can contact our office and we can discuss the matter further. CRI offers a wide range of Insurance products for personal loans, mortgages, Merit-Lines, and Line of Credits. These Insurance products are open to both the primary account holder and the joint account holder, some restrictions apply.
CRI CANADA
For lost or stolen ATM/Debit Cards Monday to Friday from 8:30am to 4:30pm – Please call our offices at 416-238-5606. After hours please email us at lostcard@theenergycu.com and we will reply as soon as possible.
The Energy Credit Union serves active and retired employees of Toronto Hydro Corporation, Signals, Electrical, Communications (SEC) of the Toronto Transit Commission, Gerdau, as well as individuals employed by any municipality as defined in the Municipal Act, 2001, individuals employed in any health care facility operating in the Province of Ontario and related persons or affiliated entities of the aforementioned.
