Hanscom Federal Credit Union (FCU) has opened a new insurance unit, Hanscom Insurance Agency in a bid to provide another convenient service for its members.

Hanscom FCU Board Chairman Paul Marotta said that the new agency will enhance Hanscom FCU’s competitive position, and deepen its member relationships with insurance products that feature the best combination of price, convenience, and selection.

Through this new agency, FCU will offer car insurance, homeowners insurance, life insurance, business insurance and renters insurance in addition to wedding and pet insurance to its members as well as general public.

The company will also offer its clients products with the best coverage at affordable price using quotes from multiple insurance carriers.

Established in 1953, Hanscom FCU offers full service website enabling home banking, and the ability to apply for loans, get account balance and history reports, transfer money between accounts, make bill payments, and others.

The company also provides full array of loans including real estate, business and new and used car loans.