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Life Insurance
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Kirtland Financial Services

Kirtland Financial Services Offers a Wide Variety of Life Insurance Products:

Term Life Insurance
Variable Universal Life Insurance
Whole Life Insurance
Accidental Death & Dismemberment Insurance

Term Life Insurance
Basic, Affordable Coverage to Protect Your Family

What is Term Life?

Term life insurance is designed to provide you with protection for a specified period of time, typically one, five, ten or twenty years. For instance, term insurance can ensure that your family will be able to pay off the mortgage, pay ongoing living expenses, or fund college education costs if you die prematurely while you still have outstanding debts or while your children are young.

Term life can provide either a level or decreasing death benefit. A level death benefit stays the same throughout the policy period. A decreasing death benefit, commonly used to insure a declining debt such as a mortgage, decreases as illustrated in the insurance contract, typically annually.

A Choice of Term Policies

There are many term life insurance options available through Kirtland Financial Services, including several Kirtland Financial Services Term Insurance plans.

Contact Us for More Information

To receive a no cost, no obligation consultation, or for more information, please email Todd Trevino, VP of Kirtland Financial Services or call (505) 254-4363 or (800) 880-5328 ext. 363.

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Variable Universal Life Insurance
Protection Plus Investment

Freedom to Choose

Variable Universal Life Insurance, commonly referred to as VUL, is a versatile product which provides both insurance protection and investment components. Variable Universal Life Insurance, like Universal Life Insurance, allows you the freedom to choose the amount and timing of your premiums, subject to company minimums and IRS maximums. Likewise, you may increase or decrease the death benefit, depending on policy minimums and any underwriting requirements.

However, the feature that distinguishes a VUL policy from a Universal Life policy is the availability of various investment fund options. Universal Life policies offer only fixed rates of return where as a VUL policy provides possibilities for higher returns due to the investment component within the product. In fact, the gains you make on the investments may not only help cover the cost of the insurance component of the product, but help build a fund for your retirement or other cash accumulation needs.

Available investment funds can range from money market funds to stock and bond funds depending on the insurance provider. The cash value of the policy is directly related to the performance of the funds that you've selected. It should be noted that the cash value can potentially fall to zero if the investment funds perform unfavorably, and the cost of the insurance protection component is deducted from the cash value of the policy.

Although the investment risk of a VUL policy is shouldered by the policy owner, the flexibility and wide range of options, coupled with the rewards of selecting solid investments with the potential for favorable returns, make Variable Universal Life policies very appealing to many individuals.

Variable Universal Life policies are offered by prospectus only. Prospectuses contain more complete information on management fees, charges, and other expenses and should be read carefully before investing or sending money.

Contact Us for More Information

To receive a no cost, no obligation consultation, or for more information, please email Todd Trevino, VP of Kirtland Financial Services or call (505) 254-4363 or (800) 880-5328 ext. 363.

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Whole Life Insurance
A Steady Plan for the Future

How Does Whole Life Differ From Term Life?

Unlike term insurance, whole life offers coverage for your entire life. And it accumulates cash value, which is accessible in the form of loans or withdrawals. So, Whole Life can represent a future source of money as well as protection. The premiums remain the same throughout your lifetime.

Coverage to Benefit Varying Ages and Family Situations

Whole Life coverage can be a beneficial option for an array of ages and family situations:

• Members of all ages may be eligible to apply (depending on the product offered).
• Children and grandchildren benefit because the policy provides for a low premium at a young age, and the premium remains level.
• Young families with limited premium dollars benefit because it provides a simple insurance plan offering financial security and cash values.
• More mature members benefit because of tax-favored accumulation of cash value and life insurance coverage.

Accumulation of Cash Values

Cash values accumulate at a fixed rate. The cash value can be used to purchase extended term insurance, or to purchase paid-up insurance, or the policy can be surrendered for its cash value.

Contact Us for More Information

To receive a no cost, no obligation consultation, or for more information, please email Todd Trevino, VP of Kirtland Financial Services or call (505) 254-4363 or (800) 880-5328 ext. 363.

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Accidental Death & Dismemberment Insurance

Your membership at Kirtland Federal Credit Union affords you many benefits. One of these benefits is the availability of Accidental Death & Dismemberment (AD&D) insurance. At Kirtland Federal Credit Union, we believe in your financial security. That's why we've made available this important coverage to help protect your future. As a part of our family, you can get valuable accident protection at affordable group rates.

One Surprise You Don't Need Is Financial Hardship

Financial hardship is one thing your family doesn't need to worry about if unexpected death should occur. AD&D insures you if you lose your life or a limb in an accident.

For an affordable rate, you can get up to $300,000 of protection. No medical exams are required and coverage is guaranteed as long as premiums are paid. In addition, AD&D provides the following benefits:*

• Affordable premiums
• Family plans that insure you, your spouse and children
• Double benefit payment for covered loss while a passenger on public transportation
• Built-in inflation protection
• College funding assistance when a covered accident occurs
• Coverage if you lose a limb, your sight or hearing in an accident

Protect yourself and your family; enroll in Accidental Death and Dismemberment coverage today!

For more information, please call (800) 356-6006.

*Benefits described may vary by state and product available through your financial institution.

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