Welcome to LifeFriendsurance. By using our platform, you agree to the Terms outlined below. Please read them carefully.

1. What LifeFriendsurance Is

LifeFriendsurance is a Roundup-enabled, community-support platform designed to help individuals proactively plan and accumulate funds for final farewell-related expenses in advance through:

• Self-gift spare-change Roundups to final farewell campaigns

• Gifts from friends, family, and supporters

• Final farewell item gifting

• Optional annual self-gifting

We are not a bank or an insurance company; we do not sell policies, and we do not issue cash payouts. Our purpose is to help you and your community build a dedicated farewell fund with transparency, security, and dignity.

2. Who Can Use LifeFriendsurance

To open or support a campaign, you must:

• Be 18 or older

• Provide accurate information

• Use the platform responsibly

We reserve the right to disable accounts that violate these requirements.

3. How Funding Works

LifeFriendsurance operates on a $1 per month membership with an optional voluntary tip to support the platform.

Roundups & Contributions

You and your supporters may:

• Connect cards to save spare change and contribute to the chosen campaigns

• Donate directly

• Gift final farewell items

• Contribute through simple one-time or recurring gifts

Where the Contributions Go

All contributions are processed through secure third-party payment processors, which deduct standard transaction fees (typically approximately 2.9% plus $0.30 per donation). Net proceeds are routed to a for-benefit-of (FBO) custodial account, where funds are held by the payment processor in a secure and compliant manner as part of their normal operations. 

4. Platform Sustainability ($1 per month and Optional Tips)

Users may choose to leave:

• A voluntary tip with any contribution.

• A suggested $12 yearly self-gift for individuals and $120 for organizations to support campaign goals.

5. How Funds Are Disbursed

Secure Transfers

Funds are disbursed to the fundraiser organizer, the designated beneficiary’s personal or business bank account, or directly to an approved farewell service provider for eligible condolence gift items.

Transparency Through Our Platform

Campaign holders receive secure, direct access to their member dashboard, allowing them to:

• View balances

• Track growth

• Download statements

• Monitor disbursements

Documentation Required

To release funds, the campaign holder must provide:

• A valid government-issued ID

• Proof of passing

• Any additional verification required by the provider

6. Post-Final Farewell Support (30 Days)

For one month after the final farewell, supporters may send gifts directly to the family through a temporary support page. These funds go to the beneficiary—not to the campaign account.

7. Processing Fees

Li.
Standard third-party card processing fees apply and are deducted automatically.

8. User Responsibilities

Users agree not to:

• Misuse or misrepresentation of campaigns

• Use funds for personal expenses

• Submit false information

• Engage in abusive or illegal behavior

• Attempt to manipulate the platform

Violation may result in account removal.

9. Privacy & Data Protection

We use bank-level encryption and partner only with trusted processors.
Your data is:

• Protected

• Never sold

• Used only as described in our Privacy Policy

No system can guarantee 100% security, but we follow high industry standards.

10. Intellectual Property

By sharing content, you grant LifeFriendsurance permission to use it for:

• Platform operation

• Educational materials

• Marketing

You must own the rights to anything you upload.

11. Disputes

If an issue arises, contact us at info@lifefriendsurance.com for resolution.
Unresolved matters may be handled through arbitration.

12. Liability Limitations

LifeFriendsurance is not responsible for:

• Family decisions after funds are released

• Provider delays or errors

• Loss of data

• Misuse of funds by third parties

• Unforeseen service interruptions

Use of the platform is at your discretion.

13. Changes to Terms

We may update these Terms as needed. Continued use of the platform means you accept the updates.

14. Contact

For help or questions:
📧 info@lifefriendsurance.com