Whole Life Insurance

Yankton family with dog in park

Count on a lifetime of benefits

Whole life insurance may just be the financial option you’re looking for to provide stability, growth and security for a lifetime.

  • Protection for life. It doesn’t expire (as long as you pay the premiums when they are due).
  • Guaranteed Death Benefit. The amount loves ones receive is guaranteed.
  • Level Payments (called premiums). The rate you pay for your policy will NEVER increase.
  • Build Cash Value. A portion of your premium builds cash value.*

Is Whole Life Insurance right for you?

When making the decision you must weigh several factors such as:

Factor:
Cash Value

How attracted are you to the cash value aspect of Whole Life? You can borrow against the accumulated cash value in the future.

Factor:
Cash Value

How attracted are you to the cash value aspect of Whole Life? You can borrow against the accumulated cash value.

Factor:
Financial Health

Can I afford the payments throughout my lifetime? Getting a personalized quote based on your individual situation is the first step in fitting the protection of whole life insurance into your family budget. Guaranteed level premiums, so your payment never increases when premiums are paid on time.

Factor:
Financial Health

Can I afford the payments throughout my lifetime? Getting a personalized quote based on your individual situation is the first step in fitting the protection of whole life insurance into your family budget.

Factor:
Physical Health

What are your chances for good health in later life? Whole life rates are based on your health today, not 30 years from now. Knowing your family medical history can be an important consideration.

Factor:
Physical Health

What are your chances for good health in later life? Whole life rates are based on your health today, not 30 years from now. Knowing your family medical history can be an important consideration.

Quick and Easy to Start

Set up an appointment
800-568-6670

 Contact us to schedule a date and time with your local rep that works for you.

Honoring Your Faith

We give you the ability to express your faith in a company driven to be a visible leader in the Catholic communities we serve. Click here for more

Submit a Quote Request

Complete this confidential form to receive a personalized quote by email, mail or appointment.

What whole life policies are available?

20-Pay Whole Life

Permanent insurance paid up in 20 years, with guaranteed cash value and death benefits that last for life. Eligible to earn dividends. Includes the Living Benefit Rider.

Value Life Whole Life

Value Life Insurance is a Whole Life Insurance plan that is straightforward, accumulates cash value, and is designed to fit within a variety of financial plans. Guaranteed level premiums so your payment never increases when premiums are paid on time. Includes the Living Benefit Rider.

Final Expense

Designed to help your family pay funeral and end-of-life expenses, Final Expense Whole Life has guaranteed acceptance for individuals from 50 to 80 years of age. Premiums are locked, so your rate will never change, and no medical exam is needed at the time of application.

Single Premium Whole Life

A one-time premium provides a guaranteed cash value and a guaranteed death benefit. Leave an income tax-free benefit for the family you love, or the causes you care about. Includes the Living Benefit Rider.

Learn with us

Financial education with a Catholic focus
Rhonda found she lacked life insurance coverage. Final Expense Whole Life Insurance helped her plan ahead.

Final Expense Life Insurance – It’s About Peace of Mind

When is a good time to consider final expense life insurance? After her retirement, Rhonda decided to review her options and find out.
Read More

What is your life insurance love language?

It's said that love isn't an emotion but is instead "affection put into action in thought, word and deed."
Read More

Inflation & Life Insurance: Will You Have Enough?

Learning to factor in the economy to your coverage can help you stay better prepared for the future.
Read More

Become a member and become something more

Membership in Catholic United Financial starts after you purchase a product from us. Membership means aligning your finances to your faith, and:

  • Making our grants, scholarships and incentive programs possible
  • Encouraging volunteer work and training
  • Fundraising for Catholic parishes, schools and religious education programs
  • Participating in the business decisions of a company that is member-owned and operated
  • Bringing benefits to your local Catholic community

Single Premium Whole Life Insurance is considered a Modified Endowment Contract (MEC). As such, any distributions, including loans, may be taxable if there is a taxable gain in the contract, and must be reported as taxable income. In addition, distributions that occur prior to age 59½ may be subject to a 10% tax penalty. Therefore, it is important that Single Premium Whole Life Insurance is purchased with assets that you are reasonably confident will not be needed in the future. • Dividends are not guaranteed. • Loans will reduce cash values and death benefit. Loans are subject to a maximum effective interest rate charge of 8.0%, which if not paid is added to the loan debt. The policy will terminate if the loan debt equals or exceeds the cash value.

Single Premium Whole Life Insurance ICC19 SPWL; ICC19 SPWL SPN; 2021 SPWL FL and 2021 SPWL FL SPN. 15-0061-05/25.

Whole Life Insurance ICC19 WL 2; ICC19 WL 2 SPN; 2021 WL 2 FL and 2021 WL 2 FL SPN. 15-0063-05/25

Graded Benefit Whole Life Insurance ICC16 GBWL; ICC16 GBWL SPN; GBWL 2020 FL & GBWL 2020 FL SPN. 15-0065-05/25

20 Pay Whole Life Insurance ICC19 WL 2; ICC19 WL 2 SPN; 2021 WL 2 FL and 2021 WL 2 FL SPN. Term Life Insurance Rider ICC20 TRM RDR1; ICC20 TRM RDR1 SPN; 2020 TRM RDR1 FL and 2020 TRM RDR1 FL SPN. 15-0064-05/25

Like all life insurance, these policies have exclusions, limitations, reduction of benefits, and terms under which the contract may be continued in force or discontinued. For costs and complete details of coverage, contact your Member Advisor or call 1-800-568-6670.