Orphan Benefit

The death of both parents is a tragedy no child should have to face.

Through our Orphan Benefit, FaithLife Financial provides $500 a month to support juvenile Members whose parents have died. At least one parent* must have been a FaithLife Financial Member at the time of his or her death.

Eligibility Requirements

  1. Applicant is orphaned (through the death of both parents*).
  2. Applicant is less than 19 years of age, and

    (i) A member of FaithLife Financial at the time of orphanhood, or
    (ii) If not a member, must have been declined for insurance by FaithLife Financial, or
    (iii) Less than 60 days of age (see #6 below).
  3. the applicant is the minor child (natural or adopted) of an eligible parent*. At least one parent must have been a Member of FaithLife Financial at the time of death.
Retroactive benefit payments are limited to the six-month period prior to the date of approval of this application.

FaithLife Financial has the sole right to define and determine the eligible applicant or parent* status and any
interpretation of this definition made by the Society is final.

Benefit Will Cease Upon

  1. Failure to continue FaithLife Financial membership, or
  2. Legal adoption, or
  3. Failure to attend school for reason other than disabling illness, or
  4. Marriage, or
  5. Attainment of 19th birthday (except as noted below), or
  6. If less than 60 days of age at the time of orphanhood - and not a FaithLife Financial Member at the time - failure to become a Member before the first birthday.
NOTE:
At age 19, IF the member is enrolled in full-time studies and CONTINUES TO MEET ALL OTHER ELIGIBILITY REQUIREMENTS (listed above) monthly benefits may continue until (a) the member's 23rd birthday or (b) until attainment of a first diploma or degree, whichever should first occur. To apply for extended benefits, please use form #505A.

*Definition of Parent » "Parent" shall mean only one of the following:


a) A natural (biological) parent of a minor member who has custody of the minor member;
b) An adoptive parent of a minor member who has custody of the minor member; or;
c) An individual who has established parentage of the minor member by a Court Order who has
custody of the minor member;

As determined by FaithLife Financial in accordance with its policies in effect from time to time, provided specifically
that at all times a natural (biological) parent or adoptive parent of a minor member whose legal rights and standing
have been superseded by an adoptive parent of the minor member or an individual who has established parentage
of the minor member by a Court Order, as the case may be, shall not be considered a Parent of the minor member in determining entitlement to an Orphan Benefit.

How to Apply

Contact your FaithLife Financial Representative or call our Member Services for more information. For more details see the Application for the Orphan Benefit form (PDF).

* FaithLife Financial's benefits, grants and programs are not contractual. They are subject to change and maximum funding limits.