Financial Institution: Family Savings Credit Union

Family Savings Credit Union is offering members access to Coverly Home Protection, a residential service contract designed to help homeowners manage unexpected repair costs for many common home systems and appliances.

Coverage options include HVAC, electrical and plumbing systems, as well as refrigerators, washers and dryers, dishwashers, ranges, ovens and other household appliances.

Unexpected home repairs can put significant pressure on a household budget. Offering members access to a home protection option provides another way to help them plan for the unexpected and protect their financial wellbeing.

Consider products and partnerships that address the everyday financial challenges your customers/members face beyond traditional banking needs. Home repairs, identity protection, roadside assistance and similar services can provide added value while reinforcing your financial institution’s role as a financial wellness resource.

Home protection plans are service contracts and are not the same as homeowners insurance. Financial institutions considering a similar offering should review potential providers, coverage terms, exclusions and applicable compliance requirements.