Family Heritage Life Insurance: What You Need To Know

Family Heritage Group is the exclusive agency representing Lincoln Heritage Life Insurance Company and Lincoln Heritage Funeral Advantage in New England. The company is the leading final expense insurer in the United States, with over 1 million policies in force valued at more than $8 billion. Family Heritage Group is a subsidiary of Globe Life Inc. and provides training for those seeking a career in insurance sales.

Final expense insurance

Family Heritage Group is the exclusive agency representing Lincoln Heritage Life Insurance Company and Lincoln Heritage Funeral Advantage in New England. Lincoln Heritage Life Insurance Company is the leading Final Expense insurer in the United States, operating in 49 states with over 1 million policies in force valued at more than $8 billion.

When considering final expense insurance, it is important to shop around and compare policies from different insurers to find the best coverage and rates. It is also essential to carefully review the terms and conditions of the policy, including any exclusions or limitations, to ensure that you fully understand the coverage provided. Additionally, it is a good idea to seek the advice of a financial planner or insurance professional to determine if final expense insurance is right for your needs and to ensure that you have adequate coverage in place.

Lincoln Heritage Life Insurance Company

The Family Heritage Group is the exclusive agency representing Lincoln Heritage Life Insurance Company and Lincoln Heritage Funeral Advantage in New England. The group has achieved impressive sales figures, with personal sales of over 3,000 policies totalling more than $1.7 million in annualised premium, and agency sales of over 78,000 policies totalling over $48 million in annualised premium.

However, it is important to note that there are mixed reviews of the company online. While some individuals have had positive experiences, others have reported issues with claims not being paid out and stall tactics being employed.

Funeral insurance

Family Heritage Group is the exclusive agency representing Lincoln Heritage Life Insurance Company and Lincoln Heritage Funeral Advantage in New England. Lincoln Heritage Life Insurance Company is the leading Final Expense insurer in the United States, operating in 49 states with over 1 million policies in force valued at more than $8 billion.

In addition to funeral insurance, individuals may also consider other types of life insurance policies, such as term life insurance or whole life insurance, to provide financial protection for their loved ones in the event of their death. These policies can offer more comprehensive coverage and may be a better option for those who want to ensure their family's financial security beyond just funeral expenses.

Simplified issue whole life insurance

Family Heritage Group is the exclusive agency representing Lincoln Heritage Life Insurance Company. Lincoln Heritage is the leading Final Expense insurer in the United States.

Lincoln Heritage offers a simplified issue whole life insurance policy. This is a small face value policy, meaning that the monthly premiums are fixed and cannot increase, and the death benefits cannot decrease. The policy won't expire at any age.

Whole life insurance combines life insurance with an investment component. Lincoln Heritage's Funeral Advantage plan integrates funeral and burial insurance with membership in the Funeral Consumer Guardian Society.

Modified whole life insurance

Family Heritage Group is the exclusive agency representing Lincoln Heritage Life Insurance Company and Lincoln Heritage Funeral Advantage in New England. Lincoln Heritage Life Insurance Company is the leading Final Expense insurer in the United States.

Globe Life - Family Heritage Division is a wholly owned subsidiary of Globe Life Inc.

A modified whole life insurance policy features lower initial premiums for a set period, followed by higher premiums later in the policy's duration. Once premiums increase, they can be higher than those of a comparable fixed-rate whole life policy. If you can't afford the higher premiums later on, your modified whole life policy may lapse, risking a lack of financial protection for your family.

Frequently asked questions