You can contact your agent for service too. Though the company doesn’t have an online chat, there is a contact form and email address. Customer service is available Monday through Friday from 8 a.m. With a return of premium rider, you get a partial or full refund of the premiums paid if you don’t die during the policy term.įor any inquiries or questions, you can contact Family First Life at 86. In case of your child's death, you’ll receive the benefits. If you die due to an accident, your beneficiaries will receive an accidental death benefit plus the standard death benefit payable by the policy itself.Ī child term rider provides coverage to your dependent children up to a certain age. If you become disabled and unable to work, this rider lets you waive premium payments without affecting your policy. If you’re diagnosed with a qualifying chronic illness, this rider allows you to access part of the policy’s death benefit while still alive.Ī terminal illness rider lets you access a portion of your death benefits if you are diagnosed with a terminal illness and likely have less than six to 24 months to live, depending on the company. With this rider, you can access a portion of your death benefits while still alive if diagnosed with a terminal or chronic illness. Here are some of the most common riders offered by Family First Life’s carriers, which may or may not be available with the policies sold through Family First. Riders often increase premium payments.įamily First Life doesn’t sell its own life insurance policies-but since it has partnered with many carriers, you can add optional riders to your policy. Available RidersĪ rider is an optional insurance endorsement that you can add to your policy to customize your coverage to meet your desired needs. This is typically a type of term life insurance, where you pay your regular premiums, and at the end of the policy term, the coverage ends. If you die and still owe money on your home, the insurance provider pays off the remaining balance. Mortgage protection insurance is essentially a life insurance policy designed to protect your loved ones from the burden of paying your mortgage when you pass away. But, unlike most traditional permanent life policies, which require a medical exam to determine the cost of your policy, you’ll only need to answer a few questions for burial insurance. Like other permanent insurance, final expense insurance remains active provided that you pay your premiums. However, the beneficiaries can use the death benefit for any purpose. Beneficiaries can use the death benefit to pay for final medical bills and other end-of-life expenses, such as cremation, casket, or memorial service. If there’s enough cash value, you may skip premium payments without the risk of a policy lapse.Īlso referred to as burial insurance, final expense insurance is a permanent life policy designed to cover funeral expenses. Unlike whole life, universal life offers a lot of flexibility, letting you adjust your premium amount and death benefit. Universal life insurance is a type of permanent life insurance with a cash value, which earns interest tax-deferred. In addition to the death benefit, whole life has a savings component known as cash value, which can accumulate interest tax-deferred. When you die, your beneficiaries will receive a death benefit as long as premium payments were maintained. Whole life insurance is a permanent life insurance policy that provides lifetime coverage for the insured. Family First Life offers the following types of policies: The policy and the coverage option you choose may vary depending on the provider. The company provides multiple coverage options through its top carriers. Products may not be available in every state: The products offered vary by provider and may not be available in some states.įamily First Life is an insurance broker and does not offer its own life insurance policies.Website more focused on hiring agents: Since Family First Life is an MLM business, it is much more focused on hiring and training agents who will then sell life insurance policies.Strong financial strength ratings for most of its carriers: Family First Life’s life insurance carrier partners earned a strong rating from AM Best.
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