- Term Life Insurance -

Basic, Affordable Coverage to Protect Your Family

What is Term Life?

Term life insurance is designed to provide you with protection for a specified period of time, typically one, five, ten or twenty years. For instance, term insurance can ensure that your family will be able to pay off the mortgage, pay ongoing living expenses, or fund college education costs if you die prematurely while you still have outstanding debts or while your children are young.

Term life can provide either a level or decreasing death benefit. A level death benefit stays the same throughout the policy period. A decreasing death benefit, commonly used to insure a declining debt such as a mortgage, decreases as illustrated in the insurance contract, typically annually.

A Choice of Term Policies

There are many term life insurance options available through MEMBERS Financial Services, including several MEMBERS Term Insurance plans.

Contact Us For More Information

For more information, contact the MEMBERS Financial Services Representative serving Med5 Federal Credit Union for a no cost, no obligation consultation.


Main Office: 625 Flormann St. Rapid City, SD 57701 | Open Monday-Friday 9:00 a.m. - 5:00 p.m. | (605) 342-7776

Designed and Hosted by The Gage Team. Med5 Federal Credit Union, previously known as Rapid City Medical Federal Credit Union, began serving only members of the medical profession, but has now expanded to serve anyone in the Rapid City community. Med5 has "Benefits that Fit You!"...Savings, Checking, Insurance, Loans and Investments...customized for your individual needs.