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Life Insurance Plans
Life Insurance Plans
Eligibility for membership: Membership in CLC is open to all and is simultaneous with the issuance of a life insurance certificate, annuity or IRA. Members enjoy numerous fraternal benefits at no additional premium or cost.
CLC issues a special invitation to everyone to become a member of the Society.
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New Age Whole Life - Participating
Premiums are payable for insured whole life or until age 120, whichever comes first. This policy offers the lowest cost permanent life insurance.
New Age Whole Life – NonParticipating
Premiums are payable for insured whole life or until age 120, whichever comes first. This policy offers the lowest cost permanent life insurance. This permanent insurance plan is the least expensive, best value and the most flexable of our permanent plans.
One – just one premium – pays for this important protection for your whole life and cash values build yearly. You pay only once! The coverage offered is available to you for the low one-time rate.
20 pay life plan has great appeal. Many insureds prefer to have a specified payment period. This policy has low premiums and low net cost. It’s the ideal plan to purchase for a child, pay it up and give as a gift in later life.
Life Insurance with Educational Fund:
Each unit purchased provides $1,000 cash at age 18 and $1,000 paid up life insurance.
Cash for education, life insurance and membership: a combination that can't be beat.
This is low cost term insurance which provides valuable protection when large amounts of insurance are needed for minimum cash outlay.
10 Year Level Term Life Insurance:
A term policy for short term and temporary needs.
20 Year Level Term Life Insurance
A term policy for medium length and temporary needs.