Universal Life combines the protection of permanent life insurance with the accumulation of cash value at current, competitive interest rates. This type of permanent insurance provides security, growth and flexibility for children to senior adults.
Security – Protection for your entire lifetime. Guaranteed by Catholic United Financial.
Growth – The cash value portion of your policy, as long as adequate premium payments are made, provides you with steady, tax-deferred growth for the long term.
Flexibility – You can pay more or less than your scheduled premium payment, provided there is sufficient cash value to keep your policy in force. An adjustable death benefit also provides flexibility.1
The Universal Life and Term (ULT) combination plan from Catholic United Financial was created especially for young families. By combining the benefits of these two unique policies and converting over time, you can:
Membership in Catholic United Financial starts after you purchase a product from us. Membership means aligning your finances to your faith, and:
*Proof of insurability required for face amount increases. **Additional premium required. ***Annual $50 Term Policy fee waived if Universal Life remains in force. Level Term ($100,000 minimum) and Universal Life ($25,000 minimum) policies required. See Sales Representative for details. Forms 08UL-1, 06T-1.