Trinity Life Insurance Company is an insurance agency based in Tulsa, Oklahoma, that sells life insurance and annuity products in 27 states. As part of a larger corporation (First Trinity Financial Corporation), Trinity Life Insurance hopes to expand its product line and operating states through future parent company acquisitions.
Trinity Life Company History and Highlights
First Trinity Financial Corporation (FTFC) is an insurance holding corporation that began selling life insurance under Trinity Life Insurance Company in 2007. At the time, the company was small and only offered one product in Oklahoma. In 2008, FTFC acquired First Life America Corporation, a Kansas-based insurance company. In 2009, FTFC relocated First Life America Corporation to Oklahoma and merged it with Trinity Life Insurance Company. Soon after, FTFC also acquired Family Benefit Life Insurance Company.
Currently, FTFC operates all three life insurance companies and offers a variety of whole, final expense, and term life policies and annuity products in 27 states.
Trinity Life Plans and Riders
Trinity Life Insurance Group offers a term life insurance plan and three whole life insurance plans.
Term Life Insurance
First Term Life Insurance
First Term Life Insurance is a term policy that provides a low-cost option for younger adults undergoing big life changes – starting a family, buying a house, establishing a career, etc. Features of this plan include:
- Convertibility to a permanent plan
- Automatic renewability
- Coverage ranges from $25,000 to $5,000,000
- Level premiums
Whole Life Insurance
First Whole Life
Trinity’s First Whole Life Insurance plan is a basic whole life policy that builds cash value. Features of this plan include:
- Guaranteed death benefit
- Level premiums
- Three payment options – Life Pay, 10-Pay, or Single-Pay
Value Builder
The Value Builder is a cash value, whole life insurance plan coupled with an annuity. Features of this plan include:
- Build retirement income and guaranteed death benefit
- Guaranteed cash value growth
- Scheduled premiums for a 10- to 20-year period
- Annuity funds are tax-deferred
Golden Eagle Final Expense
The Golden Eagle Final Expense Plan is a whole life final expense policy designed to cover end-of-life expenses, such as burial costs, legal fees, medical bills, and other outstanding debts. Features of this plan include:
- Guaranteed level premiums
- Guaranteed death benefit
- 100% accelerated living benefit
- No medical exam
- Coverage ranges from $2,000 to $25,000
Trinity Life Insurance Riders and Benefits
- Accelerated living benefit rider
- Waiver of premium rider
- Accidental death benefit
- Increasing term rider
- Terminal illness accelerated death benefit
Ratings, Reviews, and Complaints
Trinity Life Insurance has no complaints listed on the National Association of Insurance Commissioners (NAIC).
Third-Party Financial Strength Ratings
Why Principled Life Trusts Trinity Life
Principled Life trusts Trinity due to its commitment to growth and solid life insurance offerings. With a financially stable background and membership in a parent corporation, Trinity Life offers reliable protection.
