UP TO $20,000 LIFE INSURANCE COVERAGE FOR A ONE-TIME PAYMENT. If you have a child or grandchild who is 0-17 years of age, protecting him or her is the most important gift you can give. At Catholic Life, we understand the uncertainties of childhood and we’ve developed a life insurance plan that is Just for Kids.
WHAT IS JUST FOR KIDS? Our Just for Kids option is a low-cost term life insurance plan that provides up to $20,000 of solid coverage. Best of all, it doesn’t cost a fortune! In fact, a one-time premium protects your child or grandchild until they reach the age of 22. More important, this plan can be converted to permanent life insurance regardless of health. You may exercise this option during the 30 day period prior to the insured child’s 22nd birthday.
WHY GET JUST FOR KIDS? You may ask yourself, “Why should I buy life insurance on my child or grandchild? He’s young. Nothing’s going to happen to him.” Unfortunately, accidents do happen and serious illnesses can strike overnight. Our Just for Kids plan can give you peace of mind while at the same time protecting your child or grandchild with solid protection. And if something should happen to your child or grandchild, Just for Kids can help ease the financial burden. More importantly, if your child or grandchild has a serious accident or contracts a debilitating disease, Just for Kids allows the purchase of up to $100,000** of permanent protection at standard rates regardless of health. (**Each $10,000 unit may be converted at age 22 to $50,000 of permanent coverage. Maximum amount available to each insured is $20,000 in any JFK plan.)
HOW DO I APPLY? A parent, grandparent or legal guardian must complete an application and the application must be received in the Home Office before the child’s 18th birthday. The application contains three simple medical questions. If the answers to 6a, 6b or 7 are “no,” the child is eligible for coverage. Place the one-time premium and application in an envelope and mail to:
Catholic Life Insurance, P.O. Box 659527, San Antonio, TX 78265-9527. If you answer “yes” to questions 6a, 6b or 7, the individual is not eligible for this coverage. However, we do offer other plans for which he or she may be eligible.
Contact your local Agent to find out if Just for Kids is right for the children in your life.