Term Life for Children

Term Life for Children

Help them join the thousands who have trusted Catholic Financial Life to protect their child’s financial future.

As a parent or grandparent, nothing is more important than protecting the special child in your client’s life. They teach them to look both ways before crossing the street and never run with scissors. But a Term Life Insurance for Children (TLC) Plan from Catholic Financial Life may possibly be the best security blanket their child could ever receive.

Product Information Sheet


Face Amounts

Term Life for Children
Issue Ages 0-15            Minimum of $30,000


EFT payments for annual and single-pay plans

Ideal Client

Someone looking for a low-cost way to protect their families’ finances if they were to lose a child

Key Features

  • Affordable Premiums. For as little as $30 per year, your client can purchase $30,000 in term life insurance coverage. Guaranteed to never go up!
  • Guaranteed Coverage. No one can predict a child’s future. With the TLC Plan, the child’s insurability will be guaranteed, even if their health changes in the future.1
  • Easily Converted. Provides the child with the option to convert the policy into additional life insurance down the road.
  • Flexible Ownership. Can be purchased by a parent or as a gift from a grandparent.
  • Coverage Age. Can be purchased for children 15 or younger with coverage provided to age 18.

Case Studies

Meet Kayla

Meet Kayla

Kayla’s Background

Age: 32
Household Income: $80,000
Family: One child
Goals: Ensure her daughter is protected

Kayla’s Story

Kayla and her husband Jack were recently married. Two years later, they welcomed baby Natalie into the world. On her first birthday, Kayla and Jack threw her a birthday party at their home with their friends and family.

Natalie received many toys and clothes. Kayla and Jack wanted to provide a different type of gift ... one that would ensure Natalie’s financial future was protected. They purchased Natalie a Term Life Insurance for Children’s plan from Catholic Financial Life.

Meet Philip and Virgina

Meet Philip and Virgina’s

Philip and Virgina’s Background

Age: 55 and 52
Income: $150,000
Family: Married, two children and three young grandchildren
Goals: Ensure their grandchildren are protected

Philip and Virgina’s Story

Philip and Virginia have three grandchildren. Christmas was around the corner and they wanted to think of the perfect gift for each of them. Rather than the newest toys, they thought of a new idea that would provide lasting protection for their financial future.

They spoke to their Catholic Financial Life Advisor and purchased each of them a Term Life Insurance for Children policy from Catholic Financial Life. In the long run, this will be the best gift they could receive. 

15-0048-03/23 Catholic Financial Life is headquartered in Milwaukee, Wis. Products and services are not available in all states. 1 At age 18, $30,000 TLC plans may be converted for additional coverage amounts to a maximum of $60,000.

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