Insurance & Annuities

Product Portfolio

Catholic Family Fraternal of Texas - K.J.Z.T. offers financial products, services and member benefits that can help you in any stage of life, from birth to your golden years and for every step along the way. Our products are designed to help you discover what you want, decide what you need, and offer financial solutions that you can easily fit into your budget.

Permanent Insurance

Universal Life

Finally a life insurance product that puts you in control! As time goes by, you can change the death benefit (increases subject to underwriting approval) or change the premium at any time. Cash values grow on a current basis with a guaranteed minimum return regardless of what happens to outside economic conditions. While many Universal Life policies in the marketplace put the coverage in jeopardy if cash values fluctuate, Catholic Family Fraternal of Texas - KJZT's UL plan guarantees the face amount to age 121, regardless of what the cash value amount is (subject to minimum premium requirements).

Universal Life premiums are payable throughout the life of the policy on a flexible basis, as mentioned previously. Issue ages are birth to age 80 and the minimum face amount is $25,000.

Whole Life

The most secure financial tool in the world! WHOLE LIFE INSURANCE insures you for just that, the whole of life. Coverage remains level and guaranteed (subject to required premiums paid) all the way to age 100. With so many folks living past age 100, you can outlive the coverage, but you cannot outlive the benefit! With the Catholic Family Fraternal of Texas - KJZT Whole Life plan, members still living at age 100 who have paid their premiums receive a check for the full death benefit! With our Whole Life plans, you are actually buying money guaranteed for future delivery, whether it comes after you die prematurely, or if you live to a ripe old age, and nobody else can take it away!

Guaranteed cash values accrue on a tax-favored basis.

Whole Life premiums are payable for life, until age 100 or death, whichever comes first. Issue ages are birth to age 85 and the minimum face amount is $10,000.

Life Paid-up at Age 65 features premiums that cease at age 65 or death, whichever comes first. Issue ages are birth to age 55 and the minimum face amount is $10,000.

20 Year Pay Life is similarly paid up after only 20 years or death, whichever comes first. Issue ages are birth to age 65 and the minimum face amount is $10,000.

15 Year Pay Life is paid up after only 15 years or death, whichever comes first. Issue ages are birth to age 70 and the minimum face amount is $10,000.

Single Premium Whole Life: A permanent plan of life insurance guaranteeing a death benefit to age 100 with a single, one-time premium contribution! Imagine an entire lifetime of coverage totally paid for with one single contribution! An excellent gift for children or grandchildren. Issue ages are birth to age 85 and the minimum face amount is $10,000.

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Term Insurance

The most popular coverage on the market! High face amounts, low premiums, coverage for when you need it! Catholic Family Fraternal of Texas - KJZT offers high quality, low-priced plans for its members. Whether it is for 10, 20 or even 30 years, coverage is guaranteed from day one. Minimum face amount is $100,000 and issue ages are as follows:

10 year term : issue ages 18-75

20 year term : issue ages 18-65

30 year term : issue ages 18-55

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Specialty Plans

30-30 YES

YES stands for Youth Expander Special plan, but yes is also what you will be saying when you see this fantastic plan for the children! Children are a special part of Catholic Family Fraternal of Texas - KJZT so we are offering this special plan just for them! It is available from birth to age 18 and it is a Term Life Plan to Age 30. The advantage of this plan is a way to provide a great start to your child's financial future with a minimal outlay of premium.

With a low premium commitment (as low as $30 per year!), your child will have a level death benefit of $10,000 or $20,000 guaranteed to age 30. However, starting at age 18, your child will have the option to convert the term coverage to permanent insurance guaranteed up to 3 times the coverage! This conversion is guaranteed no matter what. If the child does not take the option to convert at age 18, it will be offered again at age 21, 24, 27 and 30. Imagine up to $60,000 guaranteed permanent life insurance coverage no matter what!

Senior Life

Whole life cash-value coverage for individuals age 50 through 80. Relaxed underwriting means there are no medical exams or specimens involved! A simple application determines if you are qualified or not. While it is not a guaranteed-issue plan, you can be approved even if you have health issues that may complicate a regular life insurance plan. You may qualify for 1 of three different death benefits:

Level Death Benefit - guaranteed full death benefit begins immediately and continues to age 100. Face amounts available are $5,000 - $25,000.

Graded Death Benefit - Coverage begins immediately with the first year death benefit limited to 30% of the face amount. Coverage increases the second year to 70% with full face amount coverage beginning at the end of the second year and guaranteed level to age 100. Face amounts available are $5,000 - $25,000.

Modified Death Benefit - Coverage begins immediately with the first two years death benefit limited to the total of premiums paid in plus 10%. Coverage then increases to the full face amount coverage beginning at the end of the second year and guaranteed level to age 100. Face amounts available are $5,000 - $10,000.

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Retirement Portfolio

TAX DEFERRED ANNUITIES

Single premium
Minimum deposit $10,000

Flexible Premium
Minimum Deposit $2,000

3 year single premium
Interest rate is guaranteed for 3 years
Minimum deposit $10,000

5 year single premium
Interest rate is guaranteed for 5 years
Minimum deposit $10,000

INDIVIDUAL RETIREMENT ANNUITY PLANS

Traditional IRA : tax deferred growth
SEP : tax deferred growth
Roth IRA : after taxes, earnings are tax free

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