Czech Catholic Union

Youth Savings Plan

·        This is a Combination Single Premium Life Certificate and an Annuity Savings Plan.

·        Only one premium is required.

·        This certificate is Full Paid Up immediately and no further premiums are due.

·        The insurer receives $1,000 at the specified age PLUS the Paid Up Certificate remains in force.  (Based on each $1,000 of coverage).

·        The full-face amount is payable at death.  No reduced death benefits.

·        Guaranteed Cash Values build up immediately.

·        The annuity portion accumulates interest each year.

·        Annual dividends are paid and can be used to purchase additional paid up insurance, thereby increasing your coverage.

·        Rates are banded, the more you purchase – the lower the cost per $1,000.

·        Interest accumulation is tax deferred, as insurance is one of the few tax shelters left open by the Tax Reform Act.

·        This plan is recommended for insurance and savings for college.

·        Insured can choose which age the $1,000 is payable.  Choices are ages 18, 19, 20, 21, 23 or 25.

Rate Chart PDF File