Overview of Product Benefits
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FRATERNALLY YOURSSM |
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The First Catholic Slovak Ladies
Association (FCSLA) presents a complete product offering to its members;
products that can protect members through each stage of their life. Click the
links below for details on the various products, and use our Life
Insurance Cost Quote Generator to get an instant quote online.
- The 20 Year Level Term* plan provides ample coverage at a reasonable price for a specific period of time.
- The Yearly
Renewable Term* plan can be used for mortgage protection, buy and
sell business agreements, estate tax funding.
- The Super
Youth Term to Age 25* offers young members the best possible life insurance
benefits at the least cost.
- The Single
Premium Life Plan offers in just one payment the opportunity to
build and grow life insurance protection through reinvestment.
- The Paid Up Life in 1 Year Plan offers the member single premium rates
divided into 4 more-affordable installments.
- Whole life plans such as the 10 Pay Life Plan, 20
Pay Life Plan and the Life
Paid Up at 85 Plan offer the ability to custom fit whole life
insurance protection into an investment portfolio.
- Our Flexible
Premium Deferred Annuity offers fund growth through competitive
annual yield and tax deferred earnings while providing members the added
flexibility of depositing premiums at his/her own discretion with regards to
when and how much.
- The Single
Premium Immediate Annuity allows members the choice of a variety of
settlement options. Guaranteed options are available at 10, 15, or 20 'years
certain' providing members with income that they cannot outlive.
*All term plans, while the
certificate remains in force, are convertible to whole life plans with
guaranteed insurability.
In addition to these products,
FCSLA provides member benefits that go above and beyond.
For example, FCSLA enhances its permanent life insurance products by issuing
a 25% Post Mortem Benefit (PMB). This benefit pays an additional 25% on a member’s
first $100,000 of permanent life insurance, and on any paid-up additional insurance
associated with the first $100,000 of permanent life coverage. This benefit
is paid to the beneficiary at time of claim. Certificates become eligible for
the PMB after the second year.
Operating as a non-profit for
the sole benefit of its members, the organization refunds annual surplus
(profits) back to its members. These refunds, when qualified, can take the
following forms:
FCSLA received an excellent (A-) rating from A.M. Best.
For more information about these
financial products, please use our interactive contact
form.
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