Financial Membership Benefits | Catholic Financial Life

Financial Membership Benefits

Members who are the primary insured on a Catholic Financial Life product or insured under a spousal rider are eligible to receive additional value-added benefits.  These benefits are one component of membership that differentiates Catholic Financial Life from commercial and mutual life insurance companies. Benefits are grouped into four categories: educational, financial, spiritual and wellness.


Education, in all of its forms, at all levels, is a central value of Catholic Financial Life.  In support of that value we offer our members a series of educational benefits.


Scholarship Programs

Each year, members have the opportunity to apply for scholarships ranging from elementary school through college.

Biz Kids Online Financial Literacy Program

Biz Kids is a fun, fast-paced series where kids teach kids about money and business. It's now available to members of Catholic Financial Life.


The financial well-being of our members is important to us. That is why Catholic Financial Life has developed a series of benefits to help our members proactively take control of their financial future and protect them during times of financial stress.


Child Cancer Benefit

Catholic Financial Life members under age 18 diagnosed with cancer can receive a one-time grant of up to $5,000 for medical care and treatment expenses.

Estate Planning Benefit

Members are eligible for a one-time reimbursement of up to $50 for the preparation of or updating of estate planning documents.

Family Protection Benefits

We offer Family Protection Benefits when at least one natural parent has been a member for at least 30 days prior to a child’s birth or stillbirth.

Member Rewards Program

Members may receive savings of up to 70% at hundreds of national and local merchants, such as Costco, Disney, Verizon Wireless, Starbucks, and Target!

Orphan Income and Scholarships

Catholic Financial Life offers orphans monthly living allowances through age 18 and college scholarship grants.

Special Needs Benefit

Catholic Financial Life member or child of a member is eligible to receive up to $100 towards the cost of a therapy program, summer camp or the purchase of an adaptive device.

Uninsurable Child Protection Benefit

Catholic Financial Life child of a member is eligible to receive $7,500 of rated Whole Life coverage for an uninsurable child who is between the ages of 60 days and 15 years.


As a Catholic organization we support the spiritual growth and development of our members through a series of faith-based benefits. 



Going to camp can be a favorite part of summer for children and Catholic Financial Life wants to help kids experience the fun of camp. Members are eligible for up to $100 toward the cost of attending a Catholic summer camp.

Prayer Network

We are believers in the power of prayer. Intentions are submitted to our online prayer network and are remembered in special Masses.


We are all on a journey of faith. Retreats can be times of discovery, prayer and spiritual growth. Members are eligible for $100 annually toward the cost of a Catholic retreat.


We are a sacramental people. The sacraments of Baptism, First Communion and Matrimony are recognized with a commemorative gift. Confirmands are eligible for $100 toward the cost of their confirmation retreat and seminarians are eligible for scholarships.


The health and wellness of our members is paramount to Catholic Financial Life. Helping members to save money while receiving medical care is one way that we help to ensure their wellness.


Family Care Suite

Catholic Financial Life offers a hospitality apartment for members or members’ families hospitalized in the Milwaukee area. Available at no cost, subject to availability

Medic Alert Benefit

Members with conditions requiring special medical treatment free receive membership in this life-saving program and an identification bracelet or necklace.

Prescription Savings Program

Members and their families receive prescription savings on brand and generic medications, vision and hearing care, diabetes care and supplies, etc.

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Contact Us

Catholic Financial Life
1100 West Wells Street
Milwaukee, WI 53233

(800) 927-2547

Hours: (Central Time)
8am-4:30pm, M, T, Th & F
8am-8pm, Wednesdays


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1100 W. Wells Street, Milwaukee, WI 53233 (800) 927-2547
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