Franklin Madison Group

Insurance90% confidence

Franklin Madison Group is an insurance program administrator that partners with banks and credit unions to offer supplemental coverages such as accidental death and dismemberment (AD&D), hospital accident, and related insurance products. They handle marketing, enrollment, and billing services on behalf of the underlying insurance carriers.

Brentwood, Tennessee, United States
Owned by Mill Point Capital

About Franklin Madison Group

Franklin Madison Group is a U.S.-based insurance services firm that specializes in designing and administering supplemental insurance programs—most commonly Accidental Death & Dismemberment (AD&D), hospital accident, and similar products—offered through banks and credit unions to their customers and members. The company works with major insurers such as Minnesota Life Insurance Company and Federal Insurance Company to provide group-rate coverage, while Franklin Madison focuses on direct marketing, enrollment processing, and ongoing customer administration for more than 3,500 financial institutions.([franklin-madison.com](https://franklin-madison.com/who-we-are/corporate-overview/?utm_source=openai))

When you see a descriptor like "********** *****4090 ADD 8773096576" on your bank or credit union statement, it is typically a recurring premium debit for an AD&D or related supplemental insurance policy administered by Franklin Madison. The "ADD" portion refers to Accidental Death & Dismemberment coverage, and the toll‑free number 877‑309‑6576 is widely published by credit unions and Franklin Madison as the customer service and enrollment line for these programs.([flcu.org](https://flcu.org/resources/services/accidental-death-and-dismemberment-insurance/?utm_source=openai)) Charges are often billed quarterly or monthly via electronic funds transfer (EFT) and may have been initiated after responding to a mailed offer or enrollment form from your financial institution.

If you have questions about such a charge, you can contact Franklin Madison using the phone number shown in the descriptor (877‑309‑6576) or the contact options on their website.([everwisecu.com](https://www.everwisecu.com/personal/help-articles/ad-d-insurance?utm_source=openai)) Have your bank account or card’s last four digits, the exact transaction amount, and any coverage or enrollment letter available so they can look up your policy. You can also ask your bank or credit union to confirm that the debit is tied to an AD&D or similar policy marketed through them and, if desired, to help you stop future debits. For unauthorized or unrecognized charges, request cancellation and a review for possible refunds of recent premiums, and monitor your account for any further activity.

Bank Statement Variations

2 known variations

These are the raw merchant codes that appear on bank and credit card statements that we've identified as belonging to Franklin Madison Group.

  1. ********** *****4090 ADD 8773096576
  2. FMGaddins#761923044

Frequently Asked Questions

Why do I see a charge with “ADD 8773096576” on my statement?

This descriptor usually represents a premium debit for Accidental Death & Dismemberment (AD&D) or similar supplemental insurance administered by Franklin Madison Group. Many banks and credit unions enroll members in these programs via mailed offers or account-opening packets, and the premiums are then billed to your account via EFT with the 877‑309‑6576 number in the description.([flcu.org](https://flcu.org/resources/services/accidental-death-and-dismemberment-insurance/?utm_source=openai))

Is the AD&D insurance charge from Franklin Madison recurring or one-time?

Most Franklin Madison–administered AD&D plans bill recurring premiums—commonly monthly or quarterly—automatically debited from the bank or credit union account you authorized. Your billing frequency and amount are outlined in the original offer or enrollment materials sent by your financial institution.([everwisecu.com](https://www.everwisecu.com/personal/help-articles/ad-d-insurance?utm_source=openai))

How can I cancel my AD&D or other insurance coverage billed under 877-309-6576?

To cancel, call Franklin Madison at 877‑309‑6576 during their listed service hours and request cancellation of your coverage; they will verify your identity and locate your policy using your account details or a coverage ID referenced in the billing descriptor.([everwisecu.com](https://www.everwisecu.com/personal/help-articles/ad-d-insurance?utm_source=openai)) You may also contact your bank or credit union to confirm cancellation and stop future debits.

Can I get a refund for Franklin Madison insurance charges I don’t remember authorizing?

If you believe you did not authorize the coverage, contact Franklin Madison at 877‑309‑6576 and ask them to provide your enrollment details and effective date, then request a review for possible premium refunds.([bbb.org](https://www.bbb.org/us/tn/brentwood/profile/insurance-services-office/franklin-madison-group-llc-0573-37197055/complaints?utm_source=openai)) At the same time, speak with your bank or credit union’s dispute department to see whether they can assist with reversing recent debits if they are deemed unauthorized.

How will Franklin Madison insurance premiums typically appear on my statement?

Premiums are usually processed as electronic debits or card charges with a masked account number, a reference to AD&D or insurance (e.g., “ADD”), and the toll‑free customer service number 877‑309‑6576 or a related descriptor.([everwisecu.com](https://www.everwisecu.com/personal/help-articles/ad-d-insurance?utm_source=openai)) Some institutions also include an internal coverage ID within the billing descriptor for faster lookup by Franklin Madison support.

What amounts are common for Franklin Madison AD&D or hospital accident insurance charges?

Premium amounts vary by plan, coverage level, and whether you elected individual or family coverage, but many credit union–partnered AD&D offers start with free basic coverage and then optional paid coverage that can range from a few dollars a month to higher premiums for coverage up to $300,000.([ccu.com](https://www.ccu.com/invest/personal/add/?utm_source=openai)) Your exact premium should match the amount shown in the enrollment materials Franklin Madison or your financial institution provided.

How do I verify what coverage I actually have with Franklin Madison?

You can verify coverage by calling Franklin Madison at 877‑309‑6576 and providing your name, financial institution, and account or coverage ID; they can confirm the type of policy (e.g., AD&D or hospital accident), coverage limits, beneficiaries, and billing schedule.([everwisecu.com](https://www.everwisecu.com/personal/help-articles/ad-d-insurance?utm_source=openai)) Some partner financial institutions also offer a member portal or can request a copy of your Insurance Coverage Document on your behalf.

Who should I contact if I need to file a claim for an accident covered under this policy?

Claim filing instructions are included in your insurance certificate, but in general you start by contacting Franklin Madison using the number listed in your materials (often 877‑309‑6576 or their dedicated claims line), who will then coordinate with the underwriting insurance carrier such as Minnesota Life or Federal Insurance Company.([sffirecu.org](https://sffirecu.org/accidental-death-and-dismemberment-insurance?utm_source=openai)) They will send or direct you to the required claim forms and explain documentation and timelines.

This merchant is in the Insurance category

Browse all

Compare Franklin Madison Group

Got more mystery charges?

Paste your bank statement codes and we'll tell you exactly who charged you.

Find out who charged you