Family life insurance policies provide comprehensive coverage for families, including automatic coverage for certain dependents.

Option A: Correct. A significant portion of the premium funds whole life insurance for the primary insured (typically the head of household).

Option B: Correct. Dependent children born after the policy is issued are automatically covered, often without additional cost or underwriting.

Option C: Incorrect. Family life insurance policies are not restricted to individuals under 30; this criterion does not exist in standard policy guidelines.

Option D: Correct. Coverage for dependents can often be converted to whole life insurance at specific ages or policy milestones without medical underwriting.