Why choose Term Life insurance?

Term life insurance is ideal for those seeking simple death benefit protection to cover specific debts, such as a mortgage, college tuition, or loans. Give your loved ones comfort and peace of mind with a policy that provides a death benefit for a specific time period, without the added expenses of permanent life insurance. A term policy benefit pays only if the insured dies during the specified term, and the policy is in force at time of death.

Flexible Premium Life

This term life solution, with the flexibility to deliver on specific member goals, is designed for maximum performance in situations where low cost death benefit protection is the primary objective. The many features allow you to customize a life insurance policy to best fit your unique life insurance needs.^1,2

¹This is a flexible premium, adjustable life insurance policy which has been designed to support a wide range of premium strategies including term strategies and cash value strategies.
²Premium estimate in audio recording uses a $500,000 Flexible Premium Life policy based on a Preferred Non-Tobacco underwriting class with a monthly preauthorized automatic check plan for a 40-year-old male ($13.73) and 40-year-old female ($13.10). Underwriting class is based on the health condition and risk factors of the insured and will vary. Premiums are level for the policy’s initial term and increase annually thereafter.

Flexible Term Durations

Flexible Premium Life is designed to meet your needs. Whatever the duration desired, we can deliver!

Annual Renewable Term (ART) life insurance provides you with a flexible option and solid insurance protection at an affordable price. Premiums increase annually.
Any traditional level term: 10-, 15-, 20-, 30-year term

Non-traditional level term: 8- or 13-year term, or to a specified age
Return of Premium: you can receive your cumulative premiums paid at the end of your initial premium paying period.

Guarantees

Flexible Premium Life premium payments remain level during the initial term period.²

Your term coverage can be exchanged for permanent insurance without evidence of insurability.³

²As long as no loans or withdrawals are taken. All guarantees are backed by the claims-paying ability of Catholic Order of Foresters.
³Your original policy must still be in force at the time of the exchange to get permanent life insurance without evidence of insurability.

Income Tax Advantages

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Term Life FAQ

Can the death benefit of my policy be advanced if I am diagnosed as terminally ill?

What is the Fraternal Legacy Rider?

The Fraternal Legacy Rider (FLR) is a rider that can be added to certain life insurance policies. When you purchase a COF life insurance policy with a death benefit of $50,000 or more, you can add the FLR to your policy. It provides an additional five percent death benefit to a Catholic charitable organization of your choice at no additional cost to you. The rider’s flexibility allows you to name multiple charitable beneficiaries. For more information, visit this page!

How do I make a death claim?

Call the Home Office at 800-552-0145 and ask for the Claims Department.

Please have the following information available when you call:

Insured’s name and date of death
Certificate or policy number
Contact person’s information, including phone number and address

Once you provide this information, we will mail the claimant forms to the policy’s beneficiary(ies) that we have on file.

The information the beneficiary returns to the Home Office must include:

Completed claimant forms (completed by each beneficiary)
Certified copy of the Insured’s death certificate
Original policy or contract, if available

Not available in all states. Contact your agent or the Home Office for costs and complete coverage details. Policies subject to terms and conditions. The description of benefits is brief and does not constitute, in itself, a policy. For complete description, terms and conditions, please see the product documentation.

23-07-H5 V.09/23

Local:	(630) 983-4900
Toll-free:	(800) 552-0145
Recruiting:	(855) 696-2085

Why choose Term Life insurance?

Flexible Premium Life

Optional Riders

More Life Insurance Options

Next Steps

Term Life FAQ