Family Benefit Life Insurance Company Protecting Your Loved Ones

We are individuals just like you, with families, dreams, and aspirations to nurture and safeguard.

In a world filled with uncertainty, we firmly believe that one aspect we can control is our financial security.

Life insurance is a subject often left undiscussed until it becomes too late. The time has come to initiate that conversation.

Our strong belief lies in preparing for the financial consequences that the loss of a loved one may bring, well in advance.

That’s why we offer high-quality and affordable life insurance, aiming to alleviate financial concerns when loss occurs.

Our objectives for the year 2016 include expanding into more states and diversifying our product offerings.

We are continually exploring opportunities to acquire suitable blocks of life insurance business or even whole life insurance companies.

We provide life insurance and annuity products to residents in the following states: Alabama, Arizona, Arkansas, Colorado, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Montana, Nebraska, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, South Dakota, Tennessee, Texas, Utah, Virginia, and West Virginia.

Family Benefit Life Insurance Company
Source; Crunchbase
Family Benefit Life Insurance Company

The Purpose of Life Insurance

We all carry the responsibility of safeguarding those who depend on us with an adequate amount of life insurance protection. Life insurance is the cornerstone of your family’s financial security.

It offers lifelong financial stability to those left behind.

At its core, life insurance provides security in the unfortunate event of your passing.

Like all insurance, it shields your family from the potential financial turmoil.

It supplies your dependents with the essential funds to settle your financial obligations and compensate for the loss of income resulting from your demise.

Buying life insurance is unlike most other purchases.

When you pay your premiums, you are purchasing protection and financial security for your family or business, something only life insurance can guarantee.

Life insurance comes in two main categories: permanent and term insurance. Both offer fundamental coverage but for varying timeframes.

The cost of term life insurance is typically much lower than permanent insurance. However, the price should not be the sole deciding factor; your family’s security should take precedence.

Thus, take the time to examine the specifics of each insurance type while considering your needs and the benefits of each policy.

Whole Life Insurance

What Is It?

Whole life insurance stands as the simplest form of permanent life insurance.

Depending on your age and health, your premium secures a specific death benefit and generates a specific cash value, both guaranteed for the life of the policy as long as you keep up with your premiums.

Though higher than term premiums, whole-life premiums are assured not to increase.

While the premiums might be higher than term insurance initially, they are much lower than what term insurance would cost as you continue to renew it in your later years.

Over time, whole life insurance could be more cost-effective, given that premiums do not increase with age and the policy builds cash value.

Who Is It For?

Whole life insurance is ideal for individuals who:

Wish to ensure they have life insurance coverage throughout their entire lifetime.
Prefer the high degree of safety provided by the policy’s guarantees.
Are attracted to the policy’s ability to build tax-deferred cash values.
Appreciate the guarantee that their premiums will never increase.


Whole life insurance offers several advantages, including:

Policy loans and withdrawals that provide access to your cash value.
The accumulated cash value is yours to use if you cancel the policy (taxes may apply).
Premiums are guaranteed not to increase over the life of the policy.
A minimum death benefit is guaranteed.
The policy’s cash value may be converted into cash or an annuity.
The cash value is guaranteed to grow at a specified minimum rate.


Some drawbacks to consider with whole life insurance are:

Initial premiums are higher compared to term premiums, although they remain level for the policy’s duration.
Unlike term insurance, whole life insurance does not offer a conversion option.
Loans, withdrawals, and any unpaid loan interest typically reduce the death benefit, potentially leaving beneficiaries inadequately protected.

Re-evaluate Your Needs

After you’ve taken the step of purchasing life insurance, it’s essential to periodically reevaluate your needs, especially when significant life changes occur.

Here are some reasons you might need to reassess your coverage:

Your family expands.
You start caring for older family members.
You buy a new home or start a business.
Your income experiences changes.

Life insurance is a means to care for your loved ones once you’re no longer there to do so.                          Learn as much as you can before purchasing a policy to ensure your estate and family receive the best protection within your means.

Contact Us
Office: 918.249.2438
Toll-Free: 866.211.0811

7633 East 63rd Pl.
Suite 230
Tulsa, OK, 74133

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