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- It happens from being intentional in fulfilling a mission that cares for people and puts Catholic values into action by: Serving God through serving others; Providing financial security; and Enhancing quality of life.
catholicherald.org/2024-business-guide/catholic-financial-life-life-insurance-the-way-its-meant-to-be/Catholic Financial Life: Life Insurance the Way It’s Meant to Be
Catholic Life Insurance empowers our member-owners to have a strong balance between faith, family and financial well-being.
Catholic Life Insurance empowers our member-owners to have a strong balance between faith, family, and financial well-being. We accomplish this by: Offering competitive life insurance and retirement products. Providing outstanding service. Supporting our faith-based community.
- What Are The Different Types of Life Insurance Policies?
- What Is Term Life Insurance?
- What Is Whole Life Insurance?
- How Does Whole Life Insurance Work?
If you have researched into life insurance, you have probably heard terms like “term life,” “whole life,” “universal life.” At a high level, there are two basic types of life insurance to choose from: Term and Permanent. Term Life Insurance lasts for a fixed period. Permanent Life Insurance also known as “cash-value,” is life insurance with a savin...
Term Life is life insurance in its simplest and purest form. Term Life Insurance offers a low-cost way to provide life insurance protection to those you love. It has one purpose: to help you and your family reach your goals – whether that’s paying off your mortgage, covering college tuition, paying back college loans, supporting your family or inco...
Whole Life Insurance is the most popular type of Permanent or Cash-Value Life Insurance. This includes Catholic Financial Life's (CFL’s): Whole Life, Value Life, Single Premium Whole Life and 20 Pay Life policies. It differs from Term Life Insurance in two major ways: 1. You do not pick a term for your policy – it lasts your whole life. As long as ...
Whole Life Insurance has two components: the death benefit and cash value. The death benefit (a predetermined sum of money) is the life insurance part of the policy. As long as you pay your premiums, your beneficiaries will receive the death benefit when you die. The cash value is the savings part of the policy. When you pay your premiums, a percen...
Life insurance is a way for you to provide money to the people you love in the event of your death. At its foundation, it is an agreement between you and a life insurance company, like Catholic Financial Life.
Protecting your financial future shouldn't scare you, and Catholic Financial Life proves it. Learn more about Catholic Life Insurance and start your journey today!
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It may seem counter-intuitive that a Catholic organization, and one of the world’s largest charitable organizations, would be in the life insurance business. But it’s not odd at all. Providing financial protection for Catholic families has been at the core of the Knights of Columbus mission since the beginning.
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Learn More About Life Insurance Policy Types & See What's Right For You. Get Started. Protect The Life You Love With Whole, Universal Or Term Life Insurance. Learn More Now