Life Insurance
AJFL is committed to providing you and your family with the protection they deserve at a price you can afford. Our insurance plans are flexible, affordable and can provide you with the peace of mind you deserve. AJFL is working hard every day to serve the needs of our fellow workers.
Your family depends on you to provide a comfortable, safe lifestyle. AJFL is committed to providing options to fit every need and budget. Click on the links below to learn more about our products.
Life Insurance Options
Whole Life Insurance
Permanent life insurance provides guaranteed protection for your lifetime.
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Term Life Insurance
Affordable production with a guaranteed conversion privilege.
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Child Life Insurance
Protects your child’s ability to increase their benefits over time with guaranteed insurability.
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Final Expense
Provides easy insurability for family members over age 50.
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Whole Life Insurance
As you age, your health may change and it may become challenging to get the insurance protection you and your family need. Cost is another factor as life insurance premiums are based on your age when the policy is issued. That’s why many experts recommend at least some amount of permanent whole life protection.
Permanent life insurance provides guaranteed protection for your lifetime. It is used to provide, not only a sum of money to the insured’s beneficiaries at death, but also an income stream to dependents, making it possible to maintain the quality of life they have come to enjoy. People also use permanent life insurance as a means of accumulating money through cash values for their own use in later life. This accumulation is referred to as a Living Benefit.
With AJFL you have the ability to customize a plan to fit your budget.
- Single Premium: One premium is paid for the full term
- 10 Pay Whole Life: Premiums are paid for 10 years
- 20 Pay Whole Life: Premiums are paid for 20 years
- Life Paid up Age 65: Premiums are paid until age 65
- Whole Life – Lifetime Pay: Premiums are paid for life
Whole Life Insurance provides:
- Coverage for your entire life
- Builds interest
- Eligible to earn dividends; however, dividends are not guaranteed
- Terminal Condition Accelerated Death
- Benefit Rider included at no additional cost
We also offer the following riders to further enhance your coverage:
- Waiver of Premium: Waives the basic premium plus any riders after 6 consecutive months of total and permanent disability.
- Accidental Death Benefit: The ADB amount is paid to the beneficiary upon the accidental death of the primary insured. If death is caused by common carrier, an additional sum equal to the ADB amount will be paid.
- Children’s Term Insurance Rider: Death benefit is payable upon the death of the insured child named in this rider.
- Spouse Level Term Insurance Rider: (available on Lifetime pay only) Death benefit is payable upon the death of the insured spouse named in this rider.
Life Insurance is for the living. Protect your loved ones today.
If you are looking for permanent protection for you and your family, then whole life insurance may be your best option. Everyone’s needs are different so its important to talk to an AJFL Representative who can evaluate your situation and make appropriate recommendations.
Term Life Insurance
Protection you need.
Term life insurance offers affordable temporary protection and comes with a guaranteed conversion privilege that allows you to convert your term policy plan to a whole life plan without evidence of insurability. This offers you great flexibility should your insurance needs change over time.
AJFL offers several affordable options to fit your financial needs.
- 10 Year Guarantee: Guaranteed premiums will remain level for the first 10 years of the term period. After the 10 years, premiums are not guaranteed and may increase for the remainder of the term. At the end of the initial term period, the policy defaults to an Annual Renewable Term to age 95.
Available: 10, 20, 30, Term to age 65, Term to age 75. - Fully Guaranteed: Guaranteed premiums for the entire initial term period chosen. At the end of the initial term period, the policy defaults to an Annual Renewable Term to age 95.
Available: 10, 20, 30, Term to age 65, Term to age 75. - Annual Renewable Term: This is an indeterminate premium plan. Current premium rates will increase annually and will be guaranteed for a year.
- Juvenile Term to Age 26: Premiums are guaranteed for the full term of the policy.
Term Life Insurance provides:
- Affordable coverage for a limited period of time
- Guaranteed conversion option
- Terminal Condition Accelerated
- Death Benefit Rider included at no additional cost (not available on the Juvenile)
We also offer the following riders to further enhance your coverage:
- Waiver of Premium: Waives the basic premium plus any riders after 6 consecutive months of total and permanent disability
- Accidental Death Benefit: The ADB amount is paid to the beneficiary upon the accidental death of the primary insured. If death is caused by common carrier, an additional sum equal to the ADB amount will be paid.
Start protecting your family today.
Child Life Insurance Benefits and Premiums
| Death Benefit Amount | Monthly Premium |
| $5,000 | $2.00 |
| $10,000 | $4.00 |
| $15,000 | $6.00 |
| $20,000 | $8.00 |
Child Life Insurance
The Gift of Life Plan Promises:
- Premiums will NEVER increase during the term period.
- The plan will automatically convert at age 26, with no proof of insurability needed.
- The plan can be converted to 5x the term face amount up to 75k guaranteed!
- The insured will not be turned down for the conversion in the event of illness or injury.
- Ages 0-18 may qualify
- Plans are available for as little as $2.00 per month!
Start Protecting your family today.
Protecting their insurability today with an AJFL Gift of Life plan could be the best gift you will ever give them. Apply today and help secure their future and yours. Click for more information or contact your AJFL Representative today.
Final Expense Life Insurance
If you have heard a lot lately about final expense life insurance and were curious as to what all the excitement is about, look no further. AJFL has developed a new Final Expense Plan to provide benefits that can help pay for expenses that are often left to family members to pay.
Expenses such as:
- Mortgage Debt
- Credit Card Debt
- Automobile Loans
- Funeral Expenses
- Probate Costs
- Rent Payments
- Any Outstanding Debt
The money can also be used for:
- Charitable Donations
- College fund for the Grandkids
The benefits are payable directly to your beneficiaries without having to go through probate and remember:
- Ages 50-80 may qualify
- Available in amounts from $5,000-$30,000.00
- No medical exams
- No blood work
- Guaranteed protection
- Benefits never go down
- Premiums do not increase
- Policy builds cash value
- Easy underwriting – even if you have been turned down before, you may still qualify!!
Final Expense, check it off your list today.
It’s surprisingly affordable and with a host of health conditions considered acceptable, you owe it to yourself and your family to look into this coverage. Contact your AJFL Representative today.
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Protect your way of life, your family, and yourself today.
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Contact Us
American Journey Financial Life
6060 Rockside Woods Blvd. N. STE 220
Independence, OH 44131
Phone: (216) 227-5200
Fax: (216) 228-0411
Toll Free: (800) 558-8842