Do you have enough life insurance?
Calculate your life insurance needs in five easy steps.
Life insurance forms
Insurance through your pension
If you are eligible when you retire with the Church Pension Fund, you receive a Group Term Life Insurance benefit of four times your Highest Average Compensation,* with a maximum of $50,000.
This benefit is provided to clergy who retire directly from active service or who have earned at least 25 years of credited service.
*Highest Average Compensation (HAC) is generally the average of the highest-paid seven out of eight consecutive 12-month periods in your ministry on which assessments were paid.
Insurance through your employer or diocese
If your former parish or diocese provided Group Term Life Insurance as a benefit of employment, they may offer a reduced insurance benefit for retirees.
Insurance you can purchase
Individual Life Insurance
Learn more about Individual Life Insurance made available by Church Life Insurance Corporation.
Life insurance and annuities are issued by Church Life Insurance Corporation ("Church Life"), and affiliate of the Church Pension Group. Church Life is solely responsible for its own financial condition and contractual obligations.
