By contacting us you may speak with an insurance licensed agent in your state, and you may be offered insurance products for sale. This rating has decreased by -9% over the . Today, its corporate headquarters is located in Chicago, Ill., where it actively gives back to the community. The EquiTrust Life Insurance Company first opened its doors for business in 1996. Innovation is a key pillar within EquiTrust Life, and we felt that Sapiens digital tools would enable innovation much faster than any other competitor, while providing us industry insights and best practices, said Carol Woodruff, Vice President, Information Systems with EquiTrust Life. Also, there are many dismal customer reviews across multiple sites detailing frustrating encounters with the insurance company, and disappointment in their coverage. SmartAsset does not 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 . 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Annual Reports. However, you wont be able to conduct an internet search for the EquiTrust stock price as this is not a publicly listed company. Thats why it can be helpful to have an expert on your side who provides objective, non-biased advice. As a result of hard work and talented people, we are doing well. 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. These include the: With an index annuity, you have the opportunity to attain a nice return, based on an underlying market index (or more than one market index). That just isnt up to par with other insurance companies around today. 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. 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. EquiTrust Life Insurance review. Professional development for state insurance regulators and industry professionals. Here at the blog, our job is to educate and inform people about the best insurance for them. Leave us a note in the comments - we love everything insurance! / Equitrust Life Insurance Company Inc; Equitrust Life Insurance Company Inc. Website. According to the lawsuit, EquiTrust designed a . 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 . By continuing to access this system you acknowledge you are aware of and agree to these terms. 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. Its primary operating subsidiary, Farm Bureau Life Insurance Company, underwrites and markets a broad range of life insurance and annuities to individuals and businesses. Product not available in all states or may vary by state. Annual Reports | Financial Information | Investor Relations We provide tools and resources to help regulators set standards and best practices, provide regulatory support functions, and educate on U.S. state-based insurance regulation. As part of the ongoing transition, certain Brighthouse Financial features are serviced by MetLife. Or talk to an agent now at (855) 372-0071, Massachusetts Mutual Life Insurance Company Review. September 9, 2022 @sherylwilliams_email. For financial reporting, their fiscal year ends on December 31st. EquiTrust specializes in life insurance. EquiTrust, which was recently bought in October of 2011 by Guggenheim Partners, LLC., a global investment and advisory institution, is a growth-minded retirement and legacy-focused life insurance company. In 2015, Magic Johnson Enterprises (MJE) became a controlling shareholder of the insurance provider. EquiTrust Life Insurance Company Reviews: 24 User Ratings - WalletHub Leveraging Sapiens toolkit, the solution provides self-sufficiency and reduces total cost of ownership. Product offerings include index-linked life insurance primarily for the purpose of wealth transfer and annuities for income. Declining surrender charge, based on 9-year schedule. The official website is also lacking common customer service options such as getting matched with an agent or requesting quotes. 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. Call Sales Support. Please fill out the form below and click "Place Order" to complete your order. Access technology tools and resources for U.S. insurance regulators. All content is posted anonymously by employees working at EquiTrust Life Insurance Company. Privacy Policy. For more information on EquiTrust Insurance Companys Certainty Select Annuity, go HERE. This creates no additional cost to you, and helps provide us an income so we can continue to bring valuable information to your fingertips. We're here to help. American Republic remains focused on delivering quality coverage . Steps to Completing a Financial Statement Filing. EquiTrust Cares is an excellent example of how this company values giving back and contributing to philanthropic organizations through paid time off for volunteering. Guarantees subject to the claims-paying ability of EquiTrust Life Insurance Company. If youre looking for a way to convert a large sum of money like a 401(k) or IRA balance into an ongoing income stream that begins right away, the Confidence Income Annuity from EquiTrust could be a viable option. Products distributed by EquiTrust Insurance Marketing Services; in California doing business as EQT Insurance Marketing Services. 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. Files on this page are PDF. (Annual sales and employees). Claim types include Death Claims, Nursing Home Waivers, Annuitizations, Accelerated . You can also request a quote from the company online. Such forward-looking statements may be identified by the use of the words anticipate, believe, estimate, expect, may, will, plan and similar expressions. EquiTrust Life is a specialized insurance company, with a focus on life insurance. An optional terminal illness rider may be added for an additional premium cost. EquiTrust Life Insurance Company 62510 7100 Westown Parkway, Suite 200 West Des Moines IA 50266 8772493694 Home | Equitable Most clients invest in an annuity to pursue accumulation or cash-flow goals. Two multi-asset, risk-controlled index options provide an extra level of diversification. Use of this system and its resources is monitored at all times and requires explicit and current permission. FBL currently underwrites, markets and distributes life insurance, annuities and mutual funds to individuals and small businesses. EquiTrust Life Insurance Company 2023 Ratings, Founder of Huntley Wealth & Insurance Services. EquiTrust Agent Portal Avi Shekhtman Read more by Avi Shekhtman. Browse our timeline to learn how we support insurance regulators in their mission to protect consumers and ensure fair and healthy insurance markets. //-->EquiTrust Hit With Suit Over Unauthorized Payout Fees 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. Jason Fisher is the founder and CEO of BestLifeRates.org, LLC. 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. Site features products, a retirement center offering financial strategies, and a press room. Percentage of accumulation value by contract year: 12, 11, 10, 9, 8, 7, 6, 4, 2%. 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. 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. [CDATA[// >