First Fidelity Guarantee Review - Read the Truth
- First Fidelity Guarantee is a life insurance company which has been in business since 1967 and is licensed by the state of California.
- The company offers affordable, quality life insurance products to Americans throughout the United States.
- First Fidelity Guarantee offers a complete range of life insurance products.
- Its term life insurance addresses both short- and long-term needs.
- Whole life insurance provides guaranteed coverage.
- Universal life insurance provides flexibility, and indexed universal life insurance is more flexible.
First Fidelity Guarantee (FFG) is a life insurance policy company, which offers both term life and whole life policies. First Fidelity Guarantee has been in business since 1967 and is licensed by the state of California. The company offers affordable, quality life insurance products to Americans throughout the United States.
First Fidelity Guarantee is headquartered in San Francisco, California, and is part of the Great American Insurance Group. The company offers coverage to Americans from 16 different states and the District of Columbia.
First Fidelity Guarantee Overview
First Fidelity Guarantee is a 529 plan that offers a combination of FDIC-insured certificates of deposit (CDs) and mutual funds.
Investors can invest in any combination of funds, and First Fidelity Guarantee offers a variety of investment options, including:
• 40% FDIC-insured CDs
• 60% mutual funds
• 100 percent mutual funds.
First Fidelity Guarantee is offered through Fidelity Investments, which is one of the largest providers of 529 plans in the United States. Fidelity Investments offers a number of investment options, including:
• 529 college savings plans
• Coverdell Education Savings Accounts (ESAs)
• 401(k) plans
• IRAs
• Annuities
• Brokerage services.
Products and Services
Fidelity Guarantee offers a variety of products and services. In its "Who We Are and What We Do" section, the company states that it specializes in asset protection, wealth accumulation, and wealth transfer, and that it has more than 20,000 customers. Of those customers, 91% are individuals, and the remaining 9% are business owners or organizations.
Fidelity Guarantee's services include:
Annuities
Life Insurance
Investment and Retirement services
Trust and estate services
Estate planning
Reverse mortgages
A variety of financial and insurance products
Pros Explained
The positive qualities of the Fidelity Guarantee are many. They are:
Low cost, compared to other guarantees
Free, online access
The same coverage as others
Fidelity's reputation
A 50-year history
Cons Explained
Fidelity has fewer contracts than other guarantee companies, and these contracts have fewer options.
Cons Explained
1. Dishonest marketing
2. Unreasonable sales tactics
3. Unprofessional salespersons
First Fidelity Guarantee Review - The Truth
First Fidelity Guarantee offers a variety of “guarantees" in life insurance, annuities, and investments. Their guarantees include living benefits, term life, and variable insurance.
First Fidelity Guarantee Review - Dishonest Marketing
First Fidelity Guarantee uses dishonest marketing tactics to sell their life insurance and annuity products.
First Fidelity Guarantee Review - Unreasonable Sales Tactics
First Fidelity Guarantee salespeople use unreasonable sales tactics to promote their products.
First Fidelity Guarantee Review - Unprofessional Salespeople
First Fidelity Guarantee salespeople are not professional.
Available to All
Fidelity Investments' First Fidelity Guarantee, as the name hints, is available to all of its clients, whether big or small, retail or institutional.
No Hidden Charges
The First Fidelity Guarantee is free of cost.
No Additional Premiums
You don't have to pay any additional charges when you avail this benefit.