Life Insurance
Is Life Insurance Right for You and Do You Need It?
- Do you have a mortgage?
- Do you have debt?
- Is anyone financially dependent on you?
- Do you want to protect your family?
- Do you want to leave a tax-free monetary gift to your family?
IF YOU ANSWERED YES TO ANY OF THESE QUESTIONS, THEN YOU NEED LIFE INSURANCE.
Life insurance provides financial support to beneficiaries, can help cover expenses like funeral costs, debts or everyday living expenses. It also serves as a valuable financial and estate planning tool. With the right FSCU insurance coverage you will gain lasting peace of mind.
When considering a life insurance policy, please consult your financial advisor to ensure it’s the right fit for your financial needs.
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Our Life Insurance Products
Single Premium Whole Life
A Single Premium Whole Life Policy is an effective way to acquire permanent life insurance coverage. Making a one-time payment offers lifetime coverage. Two and three tier payment plans available. Commemorate a newborn’s arrival or newlywed with the security of a fully paid-up policy.
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- Issue Ages 0-85.
- $5,000 minimum coverage. Policies can be issued in any amount. (subject to medical limitations).
- Separate rates for male/female; Tobacco/non-tobacco.
- Guaranteed death benefit as long as premiums are paid to date.
- The paid-up additions dividend option increases both the cash value and death benefit of the policy.
- Cash Value Growth – the policy builds cash value over time.
- Policyholders are eligible for a variety of FCSU benefits, including scholarships for those who qualify, cultural programs and fraternal events.
Dividends are not guaranteed.
To print the above information, click here.
20 Payment Life
Ideal for individuals seeking permanent life insurance with a structured payment plan. Premiums are payable for 20 years. Upon the 20th year, the policy becomes paid up for life.
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- Issue Ages 0- 85.
- $5,000 minimum coverage. Policies can be issued in any amount (subject to medical limitations).
- Separate rates for male/female; Tobacco/non-tobacco.
- Payment options are available.
- Guaranteed death benefit as long as premiums are paid to date.
- The paid-up additions dividend option increases both the cash value and death benefit of the policy.
- Cash Value Growth – the policy builds cash value over time.
- Accidental death or waiver of premium rider may be added for an additional cost at time of purchase.
- Policyholders are eligible for a variety of FCSU benefits, including scholarships for those who qualify, cultural programs and fraternal events.
Dividends are not guaranteed.
To print the above information, click here.
Ordinary Whole Life
Offers permanent life insurance coverage for an affordable premium. Premiums are payable for life. Offers the lowest premium for permanent insurance with a structured payment plan.
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- Issue Ages 0-85.
- $5,000 minimum coverage. Policies can be issued in any amount (subject to medical limitations).
- Separate rates for male/female; Tobacco/non-tobacco.
- Premium remains fixed.
- Payment options are available.
- Guaranteed death benefit as long as premiums are paid to date.
- The paid-up additions dividend option increases both the cash value and death benefit of the policy.
- Cash Value Growth – the policy builds cash value over time.
- Accidental death or waiver of premium rider may be added for an additional cost at time of purchase.
- Policyholders are eligible for a variety of FCSU benefits, including scholarships for those who qualify, cultural programs and fraternal events.
Dividends are not guaranteed.
To print the above information, click here.
Juvenile Enrichment Plan (JEP)
The Juvenile Enrichment Plan (JEP) is an innovative way for you to offer protection to your children, grandchildren and young family members. It is a cost-effective way to provide term life insurance coverage, and secure future insurability.
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- Issue Ages 0-21.
- $10,000 minimum coverage to $100,000.
- One low premium per $1,000.00 of coverage for all ages.
- Single or annual premium payments available.
- This plan provides juvenile members with the best possible insurance benefits at a low premium.
- Guaranteed convertibility to a permanent life policy at any time up to age 25 (no medical exam required), or you have the option to extend the plan to age 30.
- A conversion credit will be applied towards the new policy’s first year premium.
- Policyholders are eligible for a variety of FCSU benefits, including scholarships for those who qualify (min. $25,000 policy), cultural programs and fraternal events.
To print the above information, click here.
10 Year Level Term
10 Year Term Life Insurance offers maximum protection with an affordable premium.
- Issue Ages 18-70.
- $25,000.00 minimum coverage.
- The death benefit is level for ten years. Benefits may not be renewed after ten years. Applicant must reapply for coverage.
- Premiums are fixed and payable for ten years.
- Separate rates for male/female; Tobacco/non-tobacco.
- Benefits may be converted to any permanent plan for the same or less amount of coverage, without evidence of insurability to age 75.
- Accidental death or waiver of premium rider may be added for an additional cost at time of purchase.
- Policyholders are eligible for a variety of FCSU benefits, including scholarships for those who qualify, cultural programs and fraternal events.
To print the above information, click here.
20 Year Level Term
20 Year Term Life Insurance offers maximum protection with an affordable premium.
- Issue Ages 18-60.
- $25,000.00 minimum coverage.
- The death benefit is level for twenty years. Benefits may not be renewed after twenty years. Applicant must reapply for coverage.
- Premiums are fixed and payable for twenty years.
- Separate rates for male/female; Tobacco/non-tobacco.
- Benefits may be converted to any permanent plan for the same or less amount of coverage, without evidence of insurability to age 75.
- Accidental death or waiver of premium rider may be added for an additional cost at time of purchase.
- Policyholders are eligible for a variety of FCSU benefits, including scholarships for those who qualify, cultural programs and fraternal events.
To print the above information, click here.