Term Life for Children (TLC)

Term Life for Children (TLC)

  • Provides $25,000 of term life insurance for children age 15 or younger
  • $30 a year
  • New Single Pay option allows the purchase of $10,000 or $25,000 paid up term coverage
  • Plan provides a level benefit to age 23
  • At 18 or 23, you also have the option to double your coverage to $50,000 in permanent, cash value life insurance, regardless of health
  • Plan also can be converted, at any time before age 23, to $25,000 in permanent insurance coverage
  • A conversion credit is applied to help offset the first-year premium when coverage is converted to permanent insurance

 

Prefer to purchase permanent insurance?

20-Pay Life allows parents (and grandparents) the opportunity to purchase an amount of permanent insurance coverage for their child that will be paid in full in 20 years. Your child begins young adulthood with a solid base of permanent life insurance. At age 23, he or she may purchase an additional $50,000 of permanent coverage without evidence of insurability if the Juvenile Purchase Option rider was available at time of issue (before age 16).

 

 

Products are not available in all states. Catholic Financial Life is not licensed in all states. Nothing contained herein should be construed as solicitation for insurance, financial products or annuity products in any state in which Catholic Financial Life is not licensed. TLC (annual pay) Policy Form# ICC10 JV; 2010 JV AR; 2010 JV AZ; 2010 JV CT; 2010 JV IL; 2010 JV ND; 2010 JV SD. TLC (single pay) Policy Form# ICC10 JV SP; 2010 JV SP AR; 2010 JV SP AZ; 2010 JV SP CT; 2010 JV SP IL; 2010 JV SP ND; 2010 JV SP SD.

Or call our Insurance Solutions Team at
1-800-965-2547 to learn more about our products and services.

 

For questions about your existing coverage, please call our member service center at
1-800-927-2547.

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