Member Benefits
Most providers will tell you that when you purchase life insurance you're buying peace of mind: the certainty that if you die unexpectedly and your income goes away, the people who depend on you won't be left without financial resources. That's true and wonderful. It's also the primary benefit LCBA offers.
But wouldn't it be nice to get something you can use TODAY in exchange for the premiums you pay? When you purchase an LCBA insurance certificate or annuity, you do! You become a member of a fraternal benefit society: a not-for-profit organization that operates under the "common bond" of Christianity and returns earnings from the sale of financial service products to our members in the form of discount/value added benefits and support service projects through our member branches in their communities.
Value-Added Benefits
Direction Magazine - The official magazine of LCBA.
Newborn Benefit - Ability to insure a newborn child regardless of his or her health for up to $5,000. An additional $1,000 benefit provided if the newborn does not live.
Dependent Child Survivor’s Benefit - Two Benefit payments are available, a monthly payment (up to $250) and an academic scholarship (up to $1800), when either a minor LCBA Benefit Member becomes orphaned, or an LCBA Benefit Member is survived by an orphaned dependent child or children. (Maximum total assistance per family $50,000.)
Bereavement Benefit - Choice of a tree seedling to plant in your memory or a complete grief recovery program that includes four 30-page booklets sent to your family one at a time as they enter specific time frames that represent stages of grief. We are now offering a rich cherry memorial flag case as a bereavement benefit exclusively for our veteran members.
Scholarship Benefits
Camping - Ten $200 awards offered annually by lottery.
Elementary/Secondary - Twenty $350 scholarships offered annually by lottery.
Post Secondary - Five $2,500 scholarships offered annually by lottery.
Road Scholar - Four $1,500 age 50+ educational travel scholarships offered by lottery.
Discount Program Benefits
PerkSpot - PerkSpot is a one-stop shop for exclusive discounts at some of your favorite national and local merchants! Access PerkSpot at work, home, or on the go & browse through thousands of discounts!
Start Hearing, Inc. - Discount hearing benefit for LCBA members and their families which provides significant discounts on hearing aids, access to a nationwide network of 3,000+ hearing locations, free annual hearing consultations, and up to a 3-year supply of hearing aid batteries (40 cells per hearing aid purchased per year).
Not sure what member classification you are?
Benefit Members
Adult Benefit Members
All individuals aged sixteen or older who are eligible for membership in the association and who are covered under a benefit certificate of the association are adult benefit members of the association.Juvenile Benefit Members
All individuals who have not yet attained age sixteen who are eligible for membership in the association and who are covered under a benefit certificate of the association are juvenile benefit members of the association. Juvenile benefit members automatically become adult benefit members upon attaining age sixteen.
Non-Benefit Members
Agency Members
All individuals who are eligible for membership and are covered by an insurance policy issued by an insurer where the LCBA Agency acts as agent or agency for the policy.Associate Members
All individuals who are eligible for membership and have either paid their individual membership dues or belong to a branch which has paid its annual branch fees but are not covered under either a benefit certificate of the association or a policy issued by an insurer where the LCBA Agency acts as agent or agency are Associate members.