Family First Life MLM Review – SCAM or Legit Life Insurance?
- MLM Reviews
- August 15, 2022
Welcome to my Family First Life MLM Review!
There has been some buzz about this company so I decided to take a closer look.
Chances are someone approached you about the Family First Life Insurance and business opportunity and now you landed here to make sure it’s legit.
The good news is I am going to walk you through the company, products and compensation plan so you can make the right decision to join or not…
Just PAY close attention and read this to the end…
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Now if you still want to learn more about FamilyFirstLife keep reading…
What Is Family First Life Review?
Family First Life is a life insurance company that specializes in selling mortgage protection products to US residents that are homeowners.
On top of that, they offer universal life policies, final expense life insurance and retirement protection.
Family First Life doesn’t offer life insurance policies directly, but are partnered with top insurance companies to provide different options of life insurance policies to it’s clients.
Who Founded Family First Life MLM Review?
Family First Life is the brain child of Shawn Meaike who launched this life insurance company into the life insurance industry in 2013.
As of right now, Shawn Meaike is the president of Family First Life and the reason why he launched the company was to improve people’s lives by protecting their families.
Definitely a noble cause.
Family First Life Products – How Can They Protect Your Family?
Family First Life claims to be passionate about putting families first hence why their whole identity including their names revolves around that.
They offer insurance plans to help families with stability and security.
Mortgage Protection Life Insurance
This product protects your home, which is one of the most valuable assets you will own.
Family Expense Life Insurance
This life insurance policy is designed to cover your funeral expenses.
Indexed Universal Life Insurance
This is a permanent life insurance that allows you to accumulate cash value on top of your death benefit.
Fixed Index Annuities
Retirement security is the name of the game for this insurance policy.
The Riders Offered By Family First Life
Family First Life Insurance providers have riders.
This is 100% optional insurance endorsement that can be added to your policy.
Some of most common riders offered by Family First Life Carriers:
- Accelerated Death Benefit
- Rider Chronic Illness Rider
- Terminal Illness Rider
- Disability Waiver of Premium
- Accidental Death Benefit
- Child Term Rider
- Return of Premium
These riders will help you modify your coverage to fulfill your needs.
So far pretty good right? Let’s keep going in this Family First Life MLM Review…
Family First Life Compensation Plan
Family First Life pays their agents to sell their insurance plans to customers and recruit new agents as well.
When you sell their life insurance plans as an agent, you can earn up to 90% of the premium cost.
On the second year of the premium, you will earn 5%.
Family First Life Comp Plan Explained
Remember to use that video as information purposes only because it is 100% biased.
Cost To Join Family First Life?
Family First Life is actually free to join, but in order for you to sell their life insurance plans, you must be a licensed Agent which will cost you $200 or more.
The annual salary of a Family First Life agent is roughly $115,822 which is pretty good.
Your salary will depend on your level and rank.
Is Family First Life A Pyramid Scheme?
In the network marketing world, this term “Pyramid scheme” gets thrown around a lot but has nothing to do with MLM in general.
The short answer is, Family First Life is not a pyramid scheme.
Some of your income will come from advancing in ranks through sponsoring other agents but it’s not the only source of income.
Because of that, Family First Life pyramid scheme does not exist…
What Are Other Family First Life Reviews Saying?
Most of the Family First Life reviews are positive, but remember to make money with this company you have to put in the work.
You have to be willing to talk to people and listen to their pain points and from there you can make the right call to sell one of their products.
Never sell a product to make a quick buck, always make sure the client needs it.
If you do business that way, you will be to a great start.
Now for my final verdict inside of this Family First Life review…
Final Verdict – Family First Life Scam?
Does the Family First Life Scam exist?
Let’s just look at the facts…
This network marketing company has been in business since 2013 and has been running strong.
In fact, as of 2020, there are 17,000 licensed agents inside of Family First Life helping people all over the United States.
Plus, Family First Life is accredited by the Better Bureau Business (BBB) with an A+.
Are There Alternatives To Family First Life?
When it comes to the exact MLM companies that sell insurance policies, there are not many.
However, there are many MLM companies to choose from that have a similar business model in different niches.
- Amway
- Shaklee
- Q Sciences
- LifeVantage
- HempWorx
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