January 14 2009 - by Lucy Campbell. More. 3. The more quotes you compare, the more chances to save. 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. Industry Financial Filing - National Association of Insurance Commissioners Surrender charges may vary by state. Everything I learned was self taught with demanding deadlines and being understaffed in our department. Have questions about any kind of insurance? For questions regarding cocodes please call us at: 816-783-8600. Two Arizona senior citizens filed a proposed class-action lawsuit against EquitTrust Life Insurance Company, claiming the Iowa-based financial company duped consumers into purchasing financial products through deceptive sales practices, among other charges. This information may be different than what you see when you visit an insurance provider, insurance agency, or insurance company website. The EquiTrust Life Insurance Company may only be 25 years old, but its ratings indicate that purchasing a policy from this company could be a good investment for some consumers. Description. Find contact information for insurance departments and local insurance agents, or file a complaint. Posted: January 19, 2023. EquiTrust is one of the best life insurance companies to increase your cash flow. If you have any questions or concerns regarding your EquiTrust account, you can call 866-598-3692 or submit a message via an online form. Nothing on this website is a recommendation to buy or sell an annuity. SEC CIK #0001054501. EquiTrust began working with independent insurance agents and expanded its reach from just 15 states to a nationwide presence in 2003. EquiTrust is a national carrier of competitive, client-friendly options, available through various distribution channels including more than 15,700 independent sales representatives and independent marketing organizations. EquiTrust Agent Portal This feature isnt available with every term life insurance policy, though, so you should also read the fine print before putting any money down. Browse our timeline to learn how we support insurance regulators in their mission to protect consumers and ensure fair and healthy insurance markets. Our insurance industry partnerships dont influence our content. review the ongoing performance of any Adviser, participate in the management of any users account by an 54% of EquiTrust Life Insurance employees are women, while 46% are men. An optional terminal illness rider may be added for an additional premium cost. (816) 783-8089orAcctgRec@naic.org, For questions about NAIC Numbers or cocodes call: EquiTrust Life Insurance Company 2022 Ratings. 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. In return, the client receives an instantly leveraged death benefit with long-term growth potential. Money cant buy happiness, but purchasing a life insurance policy can give your loved ones the gift of financial security if you were to pass unexpectedly. Raleigh, N.C., Jun21, 2022 Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that EquiTrust Life, a leading North American life and health insurance company, has selected Sapiens' award-winning suite of e-application, illustration and . The phoneline contact option is offered at restricted hours, Monday-Friday. Minimum Premium: $10,000 NQ/Q. So, is this a brand you and your family can trust for years to come? Website at Agents.EquiTrust.com. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is Size and financial strength arent big stand-out factors for this provider, but their unique line of insurance products gives this specialty company a solid niche market to work with for years to come. This policy also comes with a graded return-of-premium rider, penalty-free withdrawals, and loans. Strong financial stability. The Midland Life Insurance Co. Jan 1991 - Jan 19976 years 1 month. Examination Reports | Iowa Insurance Division Market Value Index Annuity from EquiTrust Life Insurance Company gives you the benefits when markets are rising and protection when they're fluctuating. Here at the blog, our job is to educate and inform people about the best insurance for them. Class Action Launched Against EquiTrust Life Insurance Company Your email address will not be published. Serving over 600 customers in 30 countries, Sapiens offers insurers across property and casualty, workers compensation and life markets the most comprehensive set of solutions, from core to complementary, including Reinsurance, Financial & Compliance, Data & Analytics, Digital, and Decision Management. Our founder was born into slavery and grew You place money into an account, and the agency invests it so that it will grow. Reviewed by To compare quotes from many different insurance companies please enter your ZIP code on this page to use the free quote tool. On Tuesday, MJE, which Johnson founded in 1987, said it completed its planned acquisition for a "majority, controlling interest" in EquiTrust Life Insurance Company, which manages $14.5 billion in . While EquiTrust does not make information about their specific discounts readily available, most life insurance companies today offer several common discounts on comparable coverages. Identify what your insurance needs are and how EquiTrust could meet them for you and your family. platform based on information gathered from users through our online questionnaire. EquiTrust Agent Portal EquiTrust will immediately credit your contract an extra 6% on any premiums paid during the first five contract years. Your personal tax advisor can provide important . Sales Week: Simple technology to boost Bridge sales register for our webinar to see a demo! Representatives from diverse groups who provide varied perspectives on insurance regulatory issues. EquiTrust is a smaller carrier in relation to competitors, yet still has more than $17 billion in assets under management. Full-Time. The policy shares its initial payment with an annuity, but the return collected through the annuity is eventually returned to the life insurance policy. Thats why it can be helpful to have an expert on your side who provides objective, non-biased advice. Erie Insurance Reviews (2023): 900+ User Ratings - WalletHub For complete information about the cookies we use, data we collect and how we process them, please check our. PDF EXAMINATION REPORT OF EQUITRUST LIFE INSURANCE COMPANY WEST DES - Iowa Subject to IRS daily maximum. Experienced Vice President Of Information Systems with a demonstrated history of working in the insurance industry. Therefore, despite its positive surplus and solvency, its been rated just B++ by A.M. Best, as well as BBB+ by Standard & Poors. Applicants must be between the ages of 45 and 80. EquiTrust earns this recognition for performance from 2017 through 2021. Working At EquiTrust Life Insurance: Employee Reviews and Culture - Zippia The NAIC provides expertise, data, and analysis for insurance commissioners to effectively regulate the insurance industry and protect consumers. Access forms and tools to file expense reports, review grant and zone scholarship balances, and travel guidelines. Product not available in all states or may vary by state. PDF Examination Report of Delaware Life Insurance Company As of December 31 Susan Andersen - Assistant Vice President Marketing - EquiTrust Life A+ (excellent) rating by Better Business Bureau (BBB). Glassdoor gives you an inside look at what it's like to work at EquiTrust Life Insurance Company, including salaries, reviews, office photos, and more. EquiTrust Recognized Among "Ward's 50" of Top Life and Health Insurance Companies for 2021! American Republic remains focused on delivering quality coverage . Jason Fisher Last Updated: December 6, 2021, Certain links on this page will refer you to products we might recommend. Files on this page are PDF. However, what were most concerned with is whether or not an insurance company takes care of its hardworking customers and delivers on the coverage promises it makes. Senior Customer Service Representative (Former Employee) - West Des Moines, IA - June 13, 2020. The WealthMax Bonus Life policy can potentially grow since it is tied to a stock market index. ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matchin Is the EquiTrust Life Insurance Company highly rated? EquiTrust has just one phoneline for customer service and all other inquiries. Select a state or jurisdiction for insurance department contact information. Company/Agent Search | Missouri Department of Insurance, Financial Permission and instructions to access this system can be obtained from the SmartAsset access control 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. EquiTrust Life Insurance Company 2023 Ratings Tabares et al v. Equitrust Life Ins. Co. - United Policyholders As part of the ongoing transition, certain Brighthouse Financial features are serviced by MetLife. ]]> By contacting us you may speak with an insurance licensed agent in your state, and you may be offered insurance products for sale. Annual Reports | Financial Information | Investor Relations Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. In addition, premiums paid into the policy at approval see a 12% bonus immediately. EquiTrust Life Insurance Company . We also use content and scripts from third parties that may use tracking technologies. This annuity features both single life and joint life payout options. It includes a death benefit, as well as a nursing home waiver. 24 reviews. 60% of employees would recommend working at EquiTrust Life Insurance Company to a friend and 83% have a positive outlook for the business. We update our site regularly, and all content is reviewed by insurance experts. A high rating from A.M. Best assures customers that EquiTrust is capable of offering guaranteed, secure coverage from a reputable carrier. Adviser or provide advice regarding specific investments. Surrender Charge. (816) 783-8400, For questions about the database & electronic filing: Customers have reported frustration with having claims answered and processed within a reasonable timeframe. There are many reputable life insurance companies in the market today that sell a wide variety of policies. This serves to assist in preventing insolvencies for which liability is imposed on insurers under state guaranty fund laws. Access technology tools and resources for U.S. insurance regulators. You will be able to make partial withdrawals without facing penalty fees after the policy has been in place for a year. 7100 Westown Pkwy Suite 200, West Des Moines, IA 50266-2521. For those concerned about the underwriting process, EquiTrusts UnderWRITE-NOW Processing doesnt require applicants to undergo a medical exam to secure coverage. EXAMINATION REPORT OF EQUITRUST LIFE INSURANCE COMPANY WEST DES MOINES, IOWA AS OF DECEMBER 31, 2011 . / Equitrust Life Insurance Company Inc; Equitrust Life Insurance Company Inc. Website. 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. Rider terminates if Account Value is depleted by non-LTC withdrawals or surrender. For example, there is no outline of an official claims process or claims response timeframe to be found. is in violation of the regulations of this system. We're dedicated to providing you with new financial ideas to help meet your specific needs. Rachael Brennan has been working in the insurance industry since 2006 when she began working as a licensed insurance representative for 21st Century Insurance, during which time she earned her Property and Casualty license in all 50 states. EquiTrust Hit With Suit Over Unauthorized Payout Fees All Rights Reserved | Privacy Policy, Independent Review of Fidelity and Guaranty Life Insurance Company, Independent Review of Eagle Life Insurance Company, We use cookies to enhance your experience while using our website. The life insurance side is a fixed premium IUL insurance product, and growth is tied to the stock market indexes. Backed by more than 40 years of industry expertise, Sapiens offers a complete insurance platform, with pre-integrated, low-code solutions and a cloud-first approach that accelerates customers digital transformation. The official website is also lacking common customer service options such as getting matched with an agent or requesting quotes. Given its focus on index-linked insurance vehicles, EquiTrust Life Insurance Company offers several fixed index annuities. Annuity riders may be available for an additional annual premium that can provide additional benefits and income guarantees. 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.. Equitrust Life Insurance Co SEC Registration - sec.report The Allstate Corporation, through its subsidiaries, engages in the personal property and casualty insurance business, as well as in the life insurance, retirement, and investment products business in the United States and Canada. EquiTrust, while not a large insurance company by industry standards, has a unique set of products to fit investment-minded individuals approaching or in retirement. 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. Access public conference call documents and information. The flexible, component-based platform can be leveraged together with Sapiens core solutions or on top of other (non-Sapiens) solutions. 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. . Products underwritten and issued by EquiTrust Life Insurance Company, West Des Moines, Iowa. EquiTrust Life is a specialized insurance company, with a focus on life insurance. 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. The company offers fixed indexed, immediate and fixed annuities, as well as life insurance policies. EquiTrust is also not currently BBB accredited, and has had several customer complaints filed against them through the organization in recent years. Plus, there are tax advantages to owning a fixed annuity. SmartAssets At the annual or special meeting of shareholders, a majority of the shares entitled to vote, represented in person or by proxy, constitute a quorum for . In 2015, Magic Johnson Enterprises (MJE) became a controlling shareholder of the insurance provider. Financial Ratings. (Annual sales and employees). Sapiens DigitalSuite offers a dynamic, digital engagement and enablement platform for insurers to provide a unified, omni-channel experience. Equitrust Market Ten Bonus Annuity (Up To 6% Bonus) reduce returns). These include: While all of EquiTrusts policies can help you increase your wealth, each is unique. Unlike most of the top ten best life insurance companies weve rated thus far, EquiTrust Life is more of a niche insurer, meaning they definitely have a specialty and dont stray far from it.
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