Catholic Financial Life | Whole Life Insurance

Whole Life Insurance

Whole life insurance provides dependable, lifelong, and easy-to-understand insurance coverage. If you were to pass away, this coverage can:

  • Help a family maintain their current lifestyle
  • Pay college expenses for your children
  • Assist your spouse in making the mortgage payment and retiring other debt
  • Pay funeral and other final expenses

If guarantees are important, whole life insurance might be right for you. 

  • Guaranteed amount of death benefit
  • Guaranteed cash values
  • A level premium that is guaranteed never to increase for life
  • Opportunity to earn dividends (does not apply to Value Life Insurance policies)


Optional Policy Benefits

Additional coverage may be added to the basic universal life policy to further customize your insurance program:

  • Children’s Term Rider: Provides term coverage on the lives of your children.
  • Waiver of Premium: Catholic Financial Life will pay your life insurance premium should you become totally disabled.
  • Guaranteed Insurability Rider: Guarantees the right to purchase additional insurance at specific times without evidence of insurability.
  • Juvenile Purchase Option: This option is automatically included at no charge on all contracts issued for youths up to age 15 and allows for the purchase of up to $50,000 of additional permanent coverage at age 18 or 23 without evidence of insurability.
  • Term 20 Additional Insured Term Rider: Provides term life insurance coverage on the life of your spouse or other person who has a mutually insurable interest.
  • Living BenefitTMAvailable at no additional cost, the Living Benefit™ Rider allows you to access the certificate’s face amount (up to $250,000) if you are diagnosed with a terminal illness. You may also be eligible for this benefit if permanently confined to a nursing home, or require a life-saving organ transplant.

Whole Life Insurance Plans



Life Insurance


Life Insurance

20 Pay

Life Insurance


Whole Life Insurance

Key Features Opportunity to own permanent coverage at a very low cost. Coverage that lasts for the life of the insured if premiums are paid Premium payments are made for 20 years and then stop, however the death benefit is guaranteed for life. One lump sum premium payment is made in return for a guaranteed, paid-up death benefit.
Builds Cash Value

Earns Dividends

Payment Period For the life of the policy For the life of the policy 20 years only One-time Payment


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. Value Life Policy Form# ICC16 WL; 20 Pay Life Policy Form# ICC10 WL 2; Policy Form# ICC13 SPWL Single Premium Whole Life. 

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

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