Term life insurance is a cost-effective way to protect your family and fulfill your short-term needs. With these plans, you can buy large amounts of insurance at an affordable cost. It is commonly referred to as “temporary life insurance” because it provides coverage for a fixed period of time. This type of insurance may be converted to a Whole Life or Universal Life plan.
There are several advantages with choosing Term life insurance. It is inexpensive at a younger age, which allows you to buy higher levels of coverage. Term insurance is good for covering needs that will disappear in time, such as mortgages or educational loans. Also, the conversion option allows you to purchase permanent coverage without showing evidence of good health.
What would happen to your family if you were out of the picture? Would your family be able to keep their home? Meet their educational goals? Meet ongoing living expenses?
Our affordable term insurance offers a simple and affordable solution to the problem of protecting your family if you were to die unexpectedly. Coverage amounts are available from $100,000 up to $9,999,999 million and in 10, 20, and 30-year options.
No Cost Value Added Benefit To make our Affordable Term plans even more valuable to you and your family, Catholic Life has added the Death Benefit Distribution Rider (DBD) at no extra cost. This optional rider lets you direct how you want the certificate’s death benefit proceeds to be paid. You can choose to have all or part of the certificate’s death benefit paid in installment payments. Any portion not elected to be paid in installments will be paid in a lump sum. This feature can ease the worry of managing a large sum of money and can protect your family from financial predators. Best of all, by selecting this rider, your beneficiaries will get a larger benefit amount due to the extended payout.
Contact your local Agent to find out if Affordable Renewable & Convertible Term insurance is right for you!
A Plan that pays you to buy life insurance. Do you need life insurance protection, but do not want to spend money on something that you may never use? Are you tired of paying term insurance premiums with nothing to show at the end of the term? If you answered yes, our 20-Year and 30-Year Return of Premium Term Life Insurance plan may be for you.
Our 20-Year & 30-Year Return of Premium Term Life plans deliver the solid life insurance protection that you have come to expect from us with an extra twist. If you die prematurely, your certificate performs like any other life insurance plan. Your beneficiary receives a death benefit that he or she can use to pay off debts, finance an education, or maintain the lifestyle you worked so hard to provide. Even better, if you are alive at the end of the term, we will return 100% of the premiums that you paid. Either way, our 20-Year & 30-Year Return of Premium Term Life plans offer you a win-win situation!
A win-win situation. There is no catch! With our Return of Premium Life Insurance, you get both protection from premature death AND your money back if you live. You can use this money for anything you choose, such as retirement or college refunding. More importantly, your premiums are guaranteed to stay the same for your entire term period. Best of all, when your needs change you can convert to permanent insurance regardless of your health.
And there’s a value-added benefit. Even better, the 20-Year & 30-Year Return of Premium Term Life plans automatically include a Critical Illness Benefit at no extra cost to you. Through the Critical Illness Benefit, if you are diagnosed with internal cancer, a heart attack, or stroke during the second year or later of coverage, we will pay you a $5,000 one-time benefit. This benefit does not affect or lessen your coverage. In fact, you can use the proceeds of this benefit to pay premiums or medical expenses while you are ill.
Contact your local Agent to find out if our Return of Premium (ROP) Term Insurance is right for you!
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.
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.
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.
A parent, grandparent or legal guardian may request an application from the Home Office or an Agent before the child’s 18th birthday. The application contains three simple medical questions.
Contact your local Agent today to find out if Just for Kids is right for the children in your life.
If you are 18-22 years of age, or if you have a child or grandchild who is 18-22 years of age, life insurance protection can be one of the smartest purchases you will ever make.
At Catholic Life, we understand life’s uncertainties and we’ve developed a life insurance plan designed specifically for this age group.
Our Just for Kids PLUS plan is a low-cost term life insurance plan that provides up to $20,000 of solid coverage. A one-time premium can provide protection until you, your child or grandchild reach the age of 25. 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’s 25th birthday.
You may ask yourself, “Why should I buy life insurance now?” Unfortunately, accidents do happen and serious illnesses can strike overnight. Our Just for Kids PLUS plan can give you peace of mind while at the same providing solid protection, And if something should happen, Just for Kids PLUS can help ease the financial burden. More importantly, if you, your child or grandchild should have a serious accident or contract a debilitating disease, Just for Kids PLUS 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 25 to $50,000 of permanent coverage. Maximum amount available to each insured is $20,000 in any JFK Plus plan.
An individual, or their parent or grandparent, must complete an application, the Proposed Insured must sign the application, and the application must be received in the Home Office before the individual’s 23rd birthday. The application contains three simple medical questions. An application may be obtained from the Home Office or one of our Agents.
Contact your local Agent today to find out if our Just for Kids PLUS Plan is right for the children in your life.