Founders Federal Credit Union: Life Insurance Options?

Founders Federal Credit Union, headquartered in Lancaster, South Carolina, offers a range of insurance products and services to its members. These include life insurance options such as whole life insurance, term life insurance, and universal life insurance. The credit union also provides complimentary Accidental Death & Dismemberment (AD&D) coverage underwritten by Minnesota Life Insurance Company. Members can access various insurance choices, including life, health, auto, and homeowners policies, by contacting Founders Insurance Services agents to review their plans and options.

Founders Federal Credit Union members can receive $1,000 of complimentary AD&D coverage

Founders Federal Credit Union provides its members with $1,000 of complimentary Accidental Death and Dismemberment (AD&D) Insurance through Founders Insurance Services. This coverage is underwritten by Minnesota Life Insurance Company and is available at no cost to the members. The benefit is paid directly to the beneficiary or the member.

The AD&D coverage is not the only insurance offering from Founders Federal Credit Union. Members can also access whole life insurance with guaranteed policy issuance, with no medical exam required. There is also an exclusive offer of a monthly benefit of $1,000 with a 3-month benefit period for short-term disability.

Additionally, Founders Federal Credit Union offers a range of other insurance products, including health, home, auto, cancer, disability, and vision insurance. They also provide extended dental coverage and pet insurance through Nationwide.

It is worth noting that all AD&D coverage reduces by 50% for members aged 70 and older, regardless of their age at enrollment.

Founders members qualify for whole life insurance with guaranteed policy issuance

Founders Federal Credit Union, headquartered in Lancaster, South Carolina, offers its members whole life insurance with guaranteed policy issuance. This means that eligible members of the credit union can obtain permanent life insurance coverage without having to undergo a medical exam. This is a valuable benefit for those who may have pre-existing health conditions or other factors that could otherwise make obtaining life insurance difficult.

Founders Insurance Services, offered through Founders Financial Group, LLC, provides a range of insurance products and services to meet the needs of its members. In addition to whole life insurance, Founders members can also take advantage of term life, universal life, and variable life insurance options. These policies are designed to provide financial protection for members' loved ones in the event of their death.

Life insurance is an important component of financial planning, and Founders Federal Credit Union recognizes this by making it accessible to its members. The credit union serves individuals in select counties and towns in South Carolina, as well as employees or retirees of certain companies, with a total membership of over 268,000 as of June 2024.

In addition to life insurance, Founders Federal Credit Union offers a comprehensive suite of insurance products, including health, home, auto, disability, and vision insurance. They also provide exclusive benefits such as complimentary Accidental Death & Dismemberment (AD&D) coverage and pet insurance.

By offering guaranteed whole life insurance policies to its members, Founders Federal Credit Union helps to ensure that its members have access to the financial security and peace of mind that life insurance provides. This benefit can be especially valuable for those who may face challenges in obtaining coverage through other means.

Founders Insurance Services offers members a choice of dental plans

Founders members can benefit from extensive dental coverage, which includes regular dental visits, cleanings, fillings and more. This is a great option for those seeking dental insurance, as it provides peace of mind and financial protection in the event of unexpected dental expenses.

Founders Insurance Services is dedicated to serving its members and improving their long-term financial success. They offer a range of insurance products, including dental, life, health, auto and homeowners policies. Members can also take advantage of exclusive benefits, such as complimentary Accidental Death & Dismemberment (AD&D) Coverage, providing an additional layer of financial security.

In addition to dental plans, Founders Insurance Services also provides vision insurance. They understand that vision care is essential, and offer eligible members the opportunity to receive extensive vision coverage through the VSP Vision Care Plan. This plan ensures members can access affordable eye care, including eyewear, exams and other costs.

Whether you are an individual or a business owner, Founders Insurance Services is committed to helping you navigate the world of insurance. They can provide guidance and tailored solutions to meet your unique needs.

Founders members are eligible to receive extensive vision coverage through the VSP Vision Care Plan

Founders Federal Credit Union offers a wide range of insurance products and services to its members, including life insurance and extensive vision coverage through the VSP Vision Care Plan.

Vision Coverage for Founders Members

Life Insurance Options

In addition to vision coverage, Founders members can also take advantage of life insurance options such as whole life insurance with guaranteed policy issuance and no medical exam required (age restrictions apply). Founders also offers TruStage® Life Insurance policies, which are designed to fit budgets and provide protection for loved ones.

Other Insurance Benefits

Founders Federal Credit Union provides additional insurance benefits, including complimentary Accidental Death & Dismemberment (AD&D) Coverage, pet insurance, and dental insurance. They also offer health, home, auto, and disability insurance, as well as specialized products like cancer insurance and Medicare supplement plans.

Employee Benefits

Founders Insurance Services also caters to businesses, providing employee benefit choices such as group term life insurance, group dental insurance, and long-term disability insurance. They can assist in finding solutions for vision insurance, which is not always feasible for businesses to include in their benefits packages.

Online Quotes and Assistance

Founders members can obtain online insurance quotes and connect with qualified Founders Insurance Services agents to review their plans and options. The website also provides contact information and forms to reach out to Founders Insurance Agents for personalized assistance with various insurance needs.

Founders members can access a range of insurance products and services

Life Insurance

Founders members can qualify for whole life insurance with guaranteed policy issuance and no medical exam required. Additionally, Founders provides complimentary Accidental Death and Dismemberment (AD&D) Coverage underwritten by Minnesota Life Insurance Company, offering $1,000 of coverage at no cost to members, with the option to purchase up to $300,000 in additional coverage.

Health Insurance

Founders Insurance Services offers comprehensive health insurance coverage through Blue Cross Blue Shield. This includes cancer insurance, which assists with the expenses associated with treatment, including non-health-related costs.

Home and Auto Coverage

Founders members can access home and auto insurance, also known as property and casualty insurance, to protect their largest purchases. This includes coverage options for antique and classic cars, ATVs and off-road vehicles, and recreational vehicles (RVs).

Employee Benefits

Founders Insurance Services provides employee benefit choices for small and large employer groups. These include group term life insurance, group dental and vision insurance, and long-term disability insurance. Founders also offer supplemental insurance plans and enrollment software to simplify benefit administration.

Frequently asked questions