Consumers should always request life insurance quotes from at least three companies to ensure that they are picking the best policy for their coverage needs. Its "A+" rating through the BBB is impressive, though. No official claims response timeframe promise. EquiTrust offers fixed-rate and indexed annuities and life insurance and is headquartered in Chicago with operations in West Des Moines. 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. Senior Customer Service Representative (Former Employee) - West Des Moines, IA - June 13, 2020. Files on this page are PDF. 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. Products distributed by EquiTrust Insurance Marketing Services; in California doing business as . 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. Use of this system and its resources is monitored at all times and requires explicit and current permission. If you do not have permission, continuing to attempt to access this site and its resources Full-Time. FBL currently underwrites, markets and distributes life insurance, annuities and mutual funds to individuals and small businesses. LEARN MORE Alonzo Franklin Herndon Founder Born from a bright dream. Site features products, a retirement center offering financial strategies, and a press room. Weve researched and reviewed hundreds of annuities over the years, and we continue to add new information to our annuity review database, which can be accessed at no cost anytime. SmartAssets What this does, in effect, is give EquiTrust and its investment division the ability to begin growing capital immediately. With so many great options on the table, it can be difficult for consumers to find the best policy out of the bunch. Agent Pay Is Built Into the Policy. 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. AM Best Revises Issuer Credit Rating Outlook to Positive for EquiTrust Life Insurance Company OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of "bbb" of EquiTrust Life Insurance Company (EquiTrust) (Chicago, IL). Contract issued on Form Series ICC12-ET-EIA-2000 (01-12) or ET-EIA-2000 (06-04). 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 carrier does have solid financial strength, and A.M. Best places them in the $1.25-$1.5 billion financial size category. 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. SmartAsset does not Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer. investor.relations@brighthousefinancial.com. 10 of the Most Senseless Deaths of All Time, 5 Critical Tips Before You Buy Life Insurance, 5 Ways To Prepare Your Home For Wildfires, 7 Benefits of Life Insurance for the Wealthy, 8 Types Of Homeowners Insurance Policies, Massachusetts Mutual Life Insurance Review, Northwestern Mutual Life Insurance Review. Brighthouse Financial is the brand name for Brighthouse Life Insurance Company, Brighthouse Life Insurance Company of NY, and New England Life Insurance Company. For more information on EquiTrust Insurance Companys Certainty Select Annuity, go HERE. EquiTrust specializes in life insurance. Consumers can utilize these products to not only protect themselves, but to also potentially grow and leverage their cash. Company number. Raleigh, N.C., Jun21, 2022Sapiens 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 digital solutions to provide their agents next generation customer acquisition and service capabilities. Financial Statement Filing & Step Through Guide, Raymond G. Farmer Award for Exceptional Leadership, System for Electronic Rates and Forms Filings, Market Regulation and Consumer Affairs (D), Financial Regulation Standards and Accreditation (F), Innovation, Cybersecurity, and Technology (H), Market Conduct Annual Statement Blanks (D), Risk-Based Capital Investment Risk and Evaluation (E), Purposes and Procedures Manual of the NAIC Investment Analysis Office, Capital Adequacy (E) Task Force (Risk-Based Capital), Statutory Accounting Principles (SAP) (E) Working Group, Updates to the Accounting Practices & Procedures (AP&P) Manual, Financial Internet Filing Online User's Guide, industry-financial-filing-individual-remittance-advice.pdf, industry-financial-filing-combined-remittance-advice.pdf, industry-financial-filing-group-remittance-advice.pdf, 2022Annual 2023Quarterly Financial Statement Filing Deadlines, Annual, Quarterly, and Risk-Based Capital Approved Software Vendors, Formulas for Life, Health & Annuity Guaranty Association Assessable Premium Exhibit Part 2, Purposes & Procedures Manual of the NAIC Investment Analysis Office, Guide to Compliance with State Audit Requirements, Retaliation: A Guide to State Retaliatory Taxes, Fees, Deposits and Other Requirements, Risk-Based Capital (RBC) Forecasting Products, Statutory Accounting Principles (SAP) Self-Study Program, States' Prescribed Differences from NAIC Statutory Accounting Principles (SAP), Assistance with Annual and Quarterly Statement Completion, If your company does not have an NAIC Company code (sometimes called "NAIC Number" or "cocode"), obtain one by completing the. Vice President of Sales and Marketing. EquiTrust only offers one phoneline for customers to inquire about any of their needs, including filing claims. at 866-598-3694 or visit the Agent. This information may be different than what you see when you visit an insurance provider, insurance agency, or insurance company website. Guarantees subject to the claims-paying ability of EquiTrust Life Insurance Company. Two multi-asset, risk-controlled index options provide an extra level of diversification. The EquiTrust Life Insurance Company provides life insurance policies that allow its clients to increase their cash flow. Click to subscribe for email notifications of new items posted to this page. Have questions about any kind of insurance? P.S If you would like to read more of our EquiTrust Life Insurance annuity reviews here are some links to check out: Your email address will not be published. No online claims reporting option. Independent Review of the RiverSource Protected Advantage 6 Year Annuity Independent Review of the RiverSource Life Value Plus Bonus Annuity Independent Review of the RiverSource Life Rate Bonus 1 MYGA Annuity. Discover our framework to drive change and promote accountability in our workplace. Learn more Related links form. Compared to many modern insurance companies, EquiTrusts official website leaves much to be desired. EquiTrust Life Insurance Company . View contracts online. A vast majority (over 95%) of these assets are considered investment grade, though more than 40% are not invested in A or better investment classes. At the end of the day, all the financial strength in the world cant make up for an insurance company that fails to cater to its customers. We strive to help you make confident insurance decisions. After several years she expanded her insurance expertise, earning her license in Health and AD&D insurance as well. ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matchin Company Details EQUITRUST LIFE INSURANCE COMPANY License Status : Active NAIC Number : 62510. Plus, there are tax advantages to owning a fixed annuity. It has also earned some pretty impressive accolades, including being recognized in 2017 and 2018 among the Wards 50 of top life and health insurance companies. Jason Fisher Last Updated: December 6, 2021, Certain links on this page will refer you to products we might recommend. However, for those who fit the bill, EquiTrust Life Insurance Company could be an excellent financial resource and tool. Products distributed by EquiTrust Insurance Marketing Services; in California doing business as EQT Insurance Marketing Services. A relative newcomer to the insurance industry, EquiTrust was established in 1996. You wont have to worry about an extensive or invasive underwriting process when you choose EquiTrust for your insurance needs. SEC CIK #0001054501. All names, marks, and materials used for the reviews on this site are property of their respective owners, and not those of AnnuityGator.com. One of the most popular types of life insurance policies for consumers on a budget is a term life insurance policy. Thankfully, if you need cheap life insurance to protect your loved ones, there are other life insurance products you can utilize. Transmit your filing to the NAIC via the Internet. You place money into an account, and the agency invests it so that it will grow. COMPANIES; REPORTS; LAWS, RULES & GUIDANCE; Company search. This company has a Sustainability Report available to view on our partner site, ResponsibilityReports.com. advisors. For more information on how we're paid, click our link below.Full Disclosure. Offers life insurance and annuities. The Life and Annuity Claims Manager is responsible for management, leadership and oversight of the Life and Annuity Claims Department overseeing death and contractual living benefits processing team. Dina Vince Head of Investor Relations, Sapiens. We award EquiTrust Life Insurance a final rating of 1.5 out of 5 stars. The NAIC provides expertise, data, and analysis for insurance commissioners to effectively regulate the insurance industry and protect consumers. We have the right one for you. Click the links below for: Agent Guide. In 2012, Guggenheim affiliates acquired the US annuities business of Canadian insurers Industrial Alliance and Sun Life Financial. The Premium Equitrust Life Insurance Company Report contains critical information including: Revenue from previous years (2010 to present) . Applicants must be between 60 and 80 to apply for this policy, which also features an Accelerated Death Benefit Rider, flexible premium allocation, and index credits. The policy shares its initial payment with an annuity, but the return collected through the annuity is eventually returned to the life insurance policy. Market Ten Bonus Index Annuity from EquiTrust Life Insurance Company gives you the benefits when markets are rising and protection when they're fluctuating.. Plus, there are tax advantages to owning a fixed annuity.. And the bonus isn't just in the name. Chris Huntley Access forms and tools to file expense reports, review grant and zone scholarship balances, and travel guidelines.