Peoples Bank of Hazard Partners with Wysh to Offer Innovative Life Insurance Benefits

Hazard, Kentucky–(Newsfile Corp. – September 9, 2024) – Peoples Bank and Trust Company of Hazard (Peoples B&TC) today announced a groundbreaking partnership with Wysh Life and Health Insurance Company to offer Life Benefit, an innovative built-in life insurance protection for select savings accounts. This new offering provides PBOH customers with up to $10,000 in life insurance coverage at no out-of-pocket cost.

The Life Benefit program is now available on Peoples B&TC Statement Savings and Kasasa Saver accounts. Customers automatically receive life insurance coverage equal to 10% of their deposits, up to a maximum of $10,000. Coverage grows with the account balance, giving customers increasing financial protection as they save.