First Trinity Financial Corporation is the parent holding company of Trinity
Life Insurance Company (“TLIC”), Family Benefit Life Insurance Company
(“FBLIC”) and First Trinity Capital Corporation (“FTCC”).
The Company was incorporated in Oklahoma on April 19, 2004, for the primary
purpose of organizing a life insurance subsidiary.
The Company owns 100% of TLIC. TLIC owns 100% of FBLIC. TLIC and FBLIC are primarily
engaged in the business of marketing, underwriting and distributing a broad
range of individual life insurance products and annuity contracts to individuals.
TLIC’s and FBLIC’s current product portfolio consists of a modified
premium whole life insurance policy with a flexible premium deferred annuity
rider, whole life, term, final expense, accidental death and dismemberment policies
and annuity contracts. The term products are both renewable and convertible
and issued for 10, 15, 20 and 30 years. They can be issued with premiums fully
guaranteed for the entire term period or with a limited premium guarantee. The
final expense is issued as either a simplified issue or as a graded benefit,
determined by underwriting. The TLIC and FBLIC products are sold through independent
agents.
TLIC is licensed in the states of Illinois, Kansas, Kentucky, Nebraska, North
Dakota, Ohio, Oklahoma and Texas. FBLIC is licensed in the states of Alabama,
Arizona, Arkansas, Colorado, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana,
Michigan, Mississippi, Missouri, Nebraska, New Mexico, North Carolina, North
Dakota, Ohio, Oklahoma, Pennsylvania, South Dakota, Tennessee, Texas, Utah,
Virginia and West Virginia.
The Company owns 100% of FTCC that was incorporated in 2006, and began operations
in January 2007. FTCC provided financing for casualty insurance premiums for
individuals and companies and was licensed to conduct premium financing business
in the states of Alabama, Arkansas, Louisiana, Mississippi and Oklahoma. FTCC
currently has no operations other than minor premium refunds and collections
of past due accounts and accounts involved in litigation.
Our business segments are as follows:
Life insurance operations, consisting of the life insurance operations of TLIC
and FBLIC;
Annuity operations, consisting of the annuity operations of TLIC and FBLIC and
Corporate operations, which includes the results of the parent company and FTCC
after the elimination of intercompany amounts.
Our Life Insurance and Annuity Operations consists of issuing ordinary whole
life insurance, modified premium whole life with an annuity rider, term, final
expense and accidental death and dismemberment policies and annuity contracts.
The policies can be issued with premiums fully guaranteed for the entire term
period or with a limited premium guarantee. The final expense is issued as either
a simplified issue or as a graded benefit, determined by underwriting.
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0.51% 
3.75 %