NOTE: Some states allow companies to utilize electronic signatures in documents from companies such as DocuSign. Having a problem with an insurance company or agent? So, feel free to reach out to us by phone at (888) 440-2468, or via email through our secure online contact form and schedule a time to chat with us. Reviews from A.M. Best indicate an insurance companys financial strength and creditworthiness, and are based on comprehensive evaluations of the companys operating performance, business profile, and balance sheet. It only offers three life insurance products, but if you are looking to increase your cash flow, an EquiTrust Life Insurance Company policy may be the right fit for your needs. Representatives from diverse groups who provide varied perspectives on insurance regulatory issues. Type of Entity: Corporation. Complete the financial statements using software from an approved vendor. Company number. Click the links below for: Agent Guide. Advertiser Disclosure: We strive to help you make confident insurance decisions. Membership lists, services and education to serve you and your mission. Contact a local independent agent in the Trusted Choice network today for assistance concerning the insurance options that are available to you. For questions regarding cocodes please call us at: 816-783-8600. Award-Winning Sales Intel. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our expectations. Applicants must be between the ages of 45 and 80. For the seventh consecutive year, EquiTrust is recognized among the "Wards 50" of top life and health insurance companies. Customers have reported frustration with having claims answered and processed within a reasonable timeframe. 60% of employees would recommend working at EquiTrust Life Insurance Company to a friend and 83% have a positive outlook for the business. 1991-2023 National Association of Insurance Commissioners. Market Value Index Annuity from EquiTrust Life Insurance Company gives you the benefits when markets are rising and protection when they're fluctuating. You can also request a quote from the company online. No flexibility and no interest in promoting anyone who won't play their mean girl games. SmartAssets FBL currently underwrites, markets and distributes life insurance, annuities and mutual funds to individuals and small businesses. In June of 2015, Earvin "Magic" Johnson became majority owner of EquiTrust Life Insurance, the largest minority-owned life insurance company in the history of the country at $22 billion in assets. In this material, the terms advisor and financial advisor are used as general references to licensed insurance professionals and are not intended to indicate whether the licensed insurance professional is a Registered Investment Advisor or is otherwise authorized under the law to provide financial advice. Compare Quotes From Top Companies and Save. 7100 Westown Pkwy Suite 200, West Des Moines, IA 50266-2521. Our insurance industry partnerships dont influence our content. 54% of EquiTrust Life Insurance employees are women, while 46% are men. Nursing Home and Terminal Illness Waivers. View contracts online. Professional development for state insurance regulators and industry professionals. Percentage of accumulation value by contract year: 12, 11, 10, 9, 8, 7, 6, 4, 2%. Sapiens IllustrationPro, Sapiens ApplicationPro and Sapiens DigitalSuite support EquiTrust Lifes key product offerings by providing comprehensive, new business illustrations with enhanced solutions for complex scenarios with split second calculations, and an interactive experience to reduce re-keying, resulting in fewer errors, faster time to decision and better engagement. We award EquiTrust Life Insurance a final rating of 1.5 out of 5 stars. 3. administrators. Two multi-asset, risk-controlled index options provide an extra level of diversification. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); AnnuityGator.com offers independent annuity product reviews. The insurance company also has a social media presence on Facebook, LinkedIn, and Twitter, which makes them more accessible to customers. (See more.) Sapiens IllustrationPro for Life & Annuities is a cloud-first, point-of-sale illustration and quoting solution, offering a fully responsive, modern, intuitive user experience for the life and annuities and health markets. If you put $100,000 into an annuity, you'll see $100,000 on your statement. Their coverage offerings include: If youre on the market for life insurance or annuities, EquiTrust Life Insurance Company may have just the type of product youre looking for. With solid core values of integrity, leadership, accountability, teamwork, and passion, EquiTrust is certainly worth looking into if their product suite aligns with your financial needs and lifestyle. Revenue: $100 - $500 million See Exact Annual Revenue: Here at the blog, our job is to educate and inform people about the best insurance for them. Explore our open opportunities for your chance to join our team. Find contact information for insurance departments and local insurance agents, or file a complaint. While the EquiTrust Life Insurance Company ratings prove that this company offers reliable products and great customer service, many people cant afford to pay $10,000 at the drop of a hat. Bottom Line: EquiTrust is known for offering life insurance that does not require medical exams, and has even been recognized as a top performing insurance company by Wards. There are no guarantees that working with an adviser will yield positive returns. With that in mind, fixed index annuities may be considered the best of both worlds growth potential without risk. Of course, with so many different life insurance carriers in the marketplace (in the hundreds these days), you should be evaluating the carrier you plan to work with way before signing any paperwork. You will be able to make partial withdrawals without facing penalty fees after the policy has been in place for a year. This creates no additional cost to you, and helps provide us an income so we can continue to bring valuable information to your fingertips. Insurance Blog By Chris (IBBC) was founded by life insurance agent Chris Huntley in 2008 to help educate and inform consumers on some of the most complicated aspects of insurance. There are important factors that could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: the degree of our success in our plans to leverage our global footprint to grow our sales the degree of our success in integrating the companies that we have acquired through the implementation of our M&A growth strategy the lengthy development cycles for our solutions, which may frustrate our ability to realize revenues and/or profits from our potential new solutions our lengthy and complex sales cycles, which do not always result in the realization of revenues the degree of our success in retaining our existing customers or competing effectively for greater market share difficulties in successfully planning and managing changes in the size of our operations the frequency of the long-term, large, complex projects that we perform that involve complex estimates of project costs and profit margins, which sometimes change mid-stream the challenges and potential liability that heightened privacy laws and regulations pose to our business occasional disputes with clients, which may adversely impact our results of operations and our reputation various intellectual property issues related to our business potential unanticipated product vulnerabilities or cybersecurity breaches of our or our customers systems risks related to the insurance industry in which our clients operate risks associated with our global sales and operations, such as changes in regulatory requirements, wide-spread viruses and epidemics like the recent novel coronavirus pandemic, which adversely affected our results of operations, or fluctuations in currency exchange rates and risks related to our principal location in Israel and our status as a Cayman Islands company. Two multi-asset, risk-controlled index options provide an extra level of diversification. While EquiTrusts ratings could be better (they are currently ranked as a BBB+ by Standard & Poors, and as a B++ by A.M. Best Company), the company has nearly $19 billion in invested assets and has a solvency ratio of just under $105. American Republic remains focused on delivering quality coverage . In June of 2015, Earvin "Magic" Johnson became majority owner of EquiTrust Life Insurance, the largest minority-owned life insurance company in the history of the country at $22 billion in assets. September 9, 2022 @sherylwilliams_email. The EquiTrust Life Insurance Company provides life insurance policies that allow its clients to increase their cash flow. NAIC specifications do not allow for any image or DocuSign and DocuSign Envelop PDFs. sherylwilliams_email. 24 reviews. A+ (excellent) rating by Better Business Bureau (BBB). EquiTrust is one of the best life insurance companies to increase your cash flow. provides independent information for the purpose of providing consumers insight into obtaining the best life insurance coverage from the best life insurance company they could obtain, subject to underwriting. EquiTrust Life Insurance Company is considered to be stable financially, and because of that, the company has earned the following ratings from the insurer rating agencies: B++ from A.M. Best Company. Law360 (February 15, 2018, 8:39 PM EST) -- EquiTrust Life Insurance Co. was hit with a putative class action in Florida federal court Wednesday by two policyholders who claim the company charges . Are cheaper life insurance policies available? For those concerned about the underwriting process, EquiTrusts UnderWRITE-NOW Processing doesnt require applicants to undergo a medical exam to secure coverage. Site features products, a retirement center offering financial strategies, and a press room. Should you feel confident pursuing EquiTrust for your insurance needs? Allstate Corporation does not currently have any hardcopy reports on AnnualReports.com. FBL Financial Group, Inc. is a financial services holding company, headquartered in West Des Moines, Iowa, and traded on the New York Stock Exchange under the symbol FFG. View actions considered by committees, task forces, and subgroups, as well as charges, schedules, and staff links. Marketing & Admin News. FBL Financial Group, headquartered in West Des Moines, Iowa, is a holding company whose primary operating subsidiaries are Farm Bureau Life Insurance Company and EquiTrust Life Insurance Company. EquiTrust offers fixed-rate and indexed annuities and life insurance and is headquartered in Chicago with operations in West Des Moines. This material is not intended to provide investment advice to . You can check out all of the benefits of the Confidence Income Annuity HERE. At Annuity Gator, we take the frustration out of shopping for annuities. However, the insurance companys rating through A.M. Best is noticeably lower than many other modern carriers, despite them being known for having reputable financial strength. Learn more Arizona Department Of Insurance 2012/2013 Annual. Transform your core with next generation, digital-led solutions designed to deliver enhanced, frictionless experiences, and increase efficiency, revenue and success. Offers life insurance and annuities. For this reason, theyre not suitable to meet everyones insurance needs. Senior Customer Service Representative (Former Employee) - West Des Moines, IA - June 13, 2020. Erie Insurance is a pretty good insurance company, offering homeowners, business and umbrella insurance policies, in addition to auto coverage. Nothing on this website is a recommendation to buy or sell an annuity. Company Details EQUITRUST LIFE INSURANCE COMPANY License Status : Active NAIC Number : 62510. EXAMINATION REPORT OF EQUITRUST LIFE INSURANCE COMPANY WEST DES MOINES, IOWA AS OF DECEMBER 31, 2011 . EquiTrust cannot give legal, tax or accounting advice. Leave us a note in the comments - we love everything insurance! We administer financial products for retirees, and Sapiens solution delivers a superior agent experience to market complex financial products that help protect our growing senior population.. Just as the world continues to change and grow, EquiTrust Life Insurance Company remains in motion. Such statements reflect our current views with respect to future events and are subject to pandemic risks and uncertainties. All content is posted anonymously by employees working at EquiTrust Life Insurance Company. 2021 Annual Report to Stockholders 1.5 MB. Our opinions are our own. The WealthMax Bonus Life policy can potentially grow since it is tied to a stock market index. If youre a consumer who only wants to work with financially strong companies, youll be pleased with the EquiTrust life Insurance Company financial ratings: Additionally, EquiTrust has an A+ from the Better Business Bureau. For customers who arent as familiar with insurance companies respective reputations, A.M. Bests ratings system allows them to make an informed decision about who they can trust to meet their needs in the short term, and also to remain a strong, financially sound company in the long term. Mark is a former Big 4 auditor with 10 plus years of public/private experience in audit within a variety of industries: manufacturing/consumer products/insurance/financial services. Magic Johnson Enterprises - comprised of multiple business entities and partnerships - acquired a controlling interest in EquiTrust in 2015. Enter your ZIP code below to view companies that have cheap insurance rates. principal. (Annual sales and employees). I was hired just before the annual reporting with little to no training or guidance from management. The carrier does have solid financial strength, and A.M. Best places them in the $1.25-$1.5 billion financial size category. Brighthouse Financial is the brand name for Brighthouse Life Insurance Company, Brighthouse Life Insurance Company of NY, and New England Life Insurance Company. Its A+ rating through the BBB is impressive, though. investor.relations@brighthousefinancial.com. Therefore, the PDFs cannot be made available to state insurance regulators. Discover our framework to drive change and promote accountability in our workplace. PA 2700-FM-AQ0021 2007 . The Premium Equitrust Life Insurance Company Report contains critical information including: Revenue from previous years (2010 to present) . A Name You Can Trust. Counsel for plaintiffs in the case described the decision this way: "In Tabares v. EquiTrust Life Insurance Company, a class of deferred annuity purchasers alleged that although EquiTrust promised them a 10% premium bonus if they purchased one of its deferred annuities, it simply offset the amount of the bonus through lower annual rates. This page includes all SEC registration details as well as a list of all documents (S-1, Prospectus, Current Reports, 8-K, 10K, Annual Reports) filed by Equitrust Life Insurance Co. AnnuityGator. Official website is sorely lacking. OMB Number: 3235-0729 . The phoneline contact option is offered at restricted hours, Monday-Friday. A vast majority (over 95%) of these assets are considered investment grade, though . These are the three product options currently available on the market: The first, named WealthSure LifeTM, is a single premium life insurance policy, meaning the premiums for the entire durationof the policy are due upon approval. Reviews are posted at the request of readers so they could see an independent perspective when breaking down the positives and negatives of specific annuity contracts. You can selectively provide your consent below to allow such third party embeds. Client-Use Renewal-Rates Flyer. The Choices. Agent Pay Is Built Into the Policy. (816) 783-8400, For questions about the database & electronic filing: EquiTrust Life Insurance Company . You can even use life insurance to provide yourself with more financial security while youre alive. Transmit your filing to the NAIC via the Internet. [CDATA[// >
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