Family Security Insurance Company is a trusted provider of insurance policies that aim to protect families from unexpected events that may cause financial instability. With more than 50 years of experience in the insurance industry, the company has become a reliable partner for families who want to secure their future.
What is Family Security Insurance Company?
Family Security Insurance Company is a subsidiary of First Family Insurance, a group of companies that specialize in providing insurance policies for individuals and families in the United States. The company’s main focus is to provide affordable and comprehensive policies that can help families cope with different types of risks.
Family Security Insurance Company offers a wide range of insurance policies, including whole life insurance, term life insurance, disability income insurance, accidental death and dismemberment insurance, and critical illness insurance. The company’s policies are designed to cater to the varying needs and budgets of its clients.
Why Choose Family Security Insurance Company?
There are several reasons why you should choose Family Security Insurance Company for your insurance needs:
Reasons |
Explanation |
|---|---|
Affordable premiums |
Family Security Insurance Company offers policies at competitive rates, making them accessible to a wider range of clients. |
Flexible policy options |
The company’s policies are customizable, allowing clients to choose the coverage amount and duration that suits their needs. |
Experience and expertise |
Family Security Insurance Company has been in the insurance industry for over 50 years, giving it the knowledge and expertise to provide high-quality services to its clients. |
Excellent customer service |
The company has a dedicated team of customer service representatives who are available to assist clients with their concerns and inquiries. |
Financial stability |
Family Security Insurance Company is backed by strong financial ratings, ensuring its clients that their claims will be honored in the event of unforeseen circumstances. |
Types of Insurance Policies
Family Security Insurance Company offers several types of insurance policies that cater to different needs and budgets. Here are some of the policies you can consider:
Whole Life Insurance
Whole life insurance is a type of permanent life insurance that provides coverage for the duration of the insured’s life. The policy offers a guaranteed death benefit and builds cash value over time, which can be used for various purposes, such as paying off debts or funding a child’s education.
With Family Security Insurance Company’s whole life insurance policy, you can enjoy the following benefits:
- Lifetime coverage
- Guaranteed death benefit
- Fixed premiums
- Cash value accumulation
The policy also comes with riders that can enhance your coverage, such as accidental death and dismemberment coverage, waiver of premium in case of disability, and long-term care coverage.
Term Life Insurance
Term life insurance provides coverage for a specific period, typically from 10 to 30 years. The policy offers a guaranteed death benefit, but does not build cash value like whole life insurance.
Family Security Insurance Company’s term life insurance policy offers the following benefits:
- Flexible coverage options
- Low premiums
- Convertible to whole life insurance
- No medical exam required for some policies
The policy also comes with riders that can enhance your coverage, such as accidental death and dismemberment coverage, waiver of premium in case of disability, and critical illness coverage.
Disability Income Insurance
Disability income insurance provides a source of income in case you become disabled and unable to work. The policy offers a monthly benefit that can help cover your living expenses and maintain your quality of life.
With Family Security Insurance Company’s disability income insurance policy, you can enjoy the following benefits:
- Flexible coverage options
- Partial disability benefits
- No waiting period for some policies
- Waiver of premium in case of disability
Accidental Death and Dismemberment Insurance
Accidental death and dismemberment insurance provides a lump-sum benefit in case of accidental death or dismemberment. The policy can help cover funeral expenses, medical bills, and other expenses that may arise after an accident.
Family Security Insurance Company’s accidental death and dismemberment insurance policy offers the following benefits:
- Flexible coverage options
- 24/7 worldwide coverage
- No health questions or medical exams required
- Living benefit in case of loss of limb or sight
Critical Illness Insurance
Critical illness insurance provides a lump-sum benefit in case you are diagnosed with a covered critical illness, such as cancer, heart attack, or stroke. The policy can help cover medical bills, living expenses, and other costs associated with the illness.
Family Security Insurance Company’s critical illness insurance policy offers the following benefits:
- Flexible coverage options
- No waiting period for some policies
- Living benefit in case of diagnosis of covered illness
- No medical exam required for some policies
How to Apply for Family Security Insurance Company’s Policies
Applying for Family Security Insurance Company’s policies is easy and straightforward. You can either call their customer service hotline or visit their website to request a quote or apply online.
Here’s how to apply for a policy:
- Visit the Family Security Insurance Company website
- Choose the type of policy you want to apply for
- Provide your personal and contact information
- Answer some health-related questions
- Choose your coverage amount and duration
- Review your application and submit
Once your application is approved, you will receive your policy documents and payment instructions. You can also manage your policy online, such as updating your contact information, paying your premiums, and filing a claim.
Frequently Asked Questions
What is the difference between whole life insurance and term life insurance?
Whole life insurance provides coverage for the duration of the insured’s life and builds cash value over time, while term life insurance provides coverage for a specific period and does not build cash value.
Do I need disability income insurance?
If you rely on your income to support yourself and your family, disability income insurance can be a wise investment. It can provide a source of income in case you become disabled and unable to work.
What is the maximum coverage amount for Family Security Insurance Company’s policies?
The maximum coverage amount for Family Security Insurance Company’s policies may vary depending on the type of policy and your age and health status. You can contact their customer service hotline or visit their website to learn more about their coverage options.
Are there any restrictions on the use of the cash value in whole life insurance?
No, you can use the cash value in your whole life insurance policy for any purpose you wish, such as paying off debts or funding a child’s education. However, withdrawing too much cash value from your policy may reduce your death benefit and affect your coverage.
What is the waiting period for Family Security Insurance Company’s disability income insurance?
The waiting period for Family Security Insurance Company’s disability income insurance may vary depending on the policy you choose. Some policies offer no waiting period, while others may have a waiting period of 30, 60, or 90 days.
Overall, Family Security Insurance Company is an excellent choice for families who want to secure their future and protect their loved ones from unforeseen events. With their affordable and comprehensive policies, you can have peace of mind knowing that your family is well-protected. If you need more information or are ready to apply for a policy, don’t hesitate to contact their customer service hotline or visit their website.