equitrust life insurance company annual reportnicole alexander bio

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. 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. In 2016, EquiTrust surpassed $17 billion in total assets. The FBL Financial Group once owned EquiTrust, but Guggenheim Partners bought the company in 2011. 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. If you dont have an extra $10,000 lying around, though, you may want to investigate other insurance companies that offer more affordable whole life insurance policies. Complete the financial statements using software from an approved vendor. Posted: January 19, 2023. As of 2020, the insurance company has a reported $20.7 billion in total assets. Equitrust was a great company at one time. No matter what type of insurance you're looking for, you'll find the peace of mind you need. Percentage of accumulation value by contract year: 12, 11, 10, 9, 8, 7, 6, 4, 2%. All insurance rates, products, and services are presented without warranty and guarantee. Given its focus on index-linked insurance vehicles, EquiTrust Life Insurance Company offers several fixed index annuities. Based in Northbrook, Illinois. 60% of employees would recommend working at EquiTrust Life Insurance Company to a friend and 83% have a positive outlook for the business. And just . Sapiens DigitalSuite offers a dynamic, digital engagement and enablement platform for insurers to provide a unified, omni-channel experience. 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. If your company does not have an NAIC Company code (sometimes called "NAIC Number" or "cocode"), obtain one by completing the Company Code Application. The EquiTrust Life Insurance Company first opened its doors for business in 1996. Doing so can be difficult especially given the overwhelming amount of small print that is oftentimes associated with annuities. Get your Bridge toolkit today. Avoid market losses - guaranteed. . We attempt, within reason, to ensure all quotes are up to date, though rates change periodically and are never guaranteed. The WalletHub rating is comprised of reviews from both WalletHub users and ratings on other reputable websites. administrators. Within its annuity portfolio, EquiTrust provides fixed index products, MYGA (Multi-Year Guarantee) products, a single premium immediate annuity (SPIA), and even an annuity that offers a one-year renewable rate. All Rights Reserved. Identify what your insurance needs are and how EquiTrust could meet them for you and your family. 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. View contracts online. 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. Developments and trends in financial markets and insurer investments. 2021 Annual Report to Stockholders 1.5 MB. All are Brighthouse Financial affiliated companies. These discounts often include: Your independent insurance agent can help you find more information on exact discounts offered by EquiTrust and additional ways to save money through the insurance company, helping you to get the most bang out of your buck on coverage. Access forms and tools to file expense reports, review grant and zone scholarship balances, and travel guidelines. For more information visit https://www.EquiTrust.com. As a result of hard work and talented people, we are doing well. To compare quotes from many different insurance companies please enter your ZIP code on this page to use the free quote tool. Compound annual growth in premiums between -10% and +40% . Even though EquiTrust offers a wide array of annuities to choose from, how can you determine which one if any is right for you? Phone Number: 3127023400 Company Address: 7100 WESTOWN PARKWAY, SUITE 200 WEST DES MOINES, IA 50266 Description: Life and Health . 4.0 . Call (866) 598-3694. 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. There are many reputable life insurance companies in the market today that sell a wide variety of policies. When evaluating rates, please verify directly with your insurance company or agent. 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. Industry: Life insurance Printer Friendly View Address: 222 W Adams St Ste 2150 Chicago, IL, 60606-5301 United States EquiTrust offers just one phoneline for all customer inquiries. document.write((new Date()).getFullYear()); The company also has proven that its products can help consumers leave behind an immense financial gift for their loved ones and bring financial security to their own lives. Answers regarding health care law and insurance. Customers can call the carrier or contact their independent insurance agent if they have questions about how to file. Annuity riders may be available for an additional annual premium that can provide additional benefits and income guarantees. EquiTrust specializes in life insurance. Insurtech Customer Success Stories; With Xceedance, Sapiens, Opal, and CommBox, SAPIENS REPORTS Q4 AND FULL YEAR 2022 FINANCIAL RESULTS, South African Insurer Hollard Group Risk Implements Sapiens for Complete Core Transformation for Life & Pensions, How to make insurance appealing to millennials, Gen Z, MS Amlin Insurance Selects Sapiens for Transformation of its Commercial Lines Operations across Multiple Countries. * Financial Analysis: preparation of monthly executive financial report, annual financial report for state . To apply for this policy, you must: WealthSure also accumulates cash value. The EquiTrust Life Insurance Company ratings indicate that this company will have . Product not available in all states or may vary by state. If you are looking for a company that supports positive action, youll be pleased to know that EquiTrust actively engages with the surrounding area to make it a better place for all who live there. of the law. EquiTrust began working with independent insurance agents and expanded its reach from just 15 states to a nationwide presence in 2003. Most clients invest in an annuity to pursue accumulation or cash-flow goals. Brighthouse Financial is the brand name for Brighthouse Life Insurance Company, Brighthouse Life Insurance Company of NY, and New England Life Insurance Company. Copyright 2022 Sapiens International. You can selectively provide your consent below to allow such third party embeds. OMB Number: 3235-0729 . FBL currently underwrites, markets and distributes life insurance, annuities and mutual funds to individuals and small businesses. Site features products, a retirement center offering financial strategies, and a press room. Brighthouse Financial, Inc. Brighthouse Financial and its design are registered trademarks of Brighthouse Financial, Inc. and/or its affiliates. Sapiens not only provides a wide array of best-of-breed solutions, but we also truly understand our customers operational goals and are committed to delivering best-in-class solutions, seamlessly to drive growth and deliver value. Its primary operating subsidiary, Farm Bureau Life Insurance Company, underwrites and markets a broad range of life insurance and annuities to individuals and businesses. Company Details EQUITRUST LIFE INSURANCE COMPANY License Status : Active NAIC Number : 62510. However, EquiTrust was recognized as among the Wards 50 for their top-notch financial performance from 2013-2017. For over 20 years, the EquiTrust Life Insurance Company has helped consumers purchase high-quality life insurance products. EquiTrust has just one phoneline for customer service and all other inquiries. EquiTrust is a smaller carrier in relation to competitors, yet still has more than $17 billion in assets under management. This is the EquiTrust Life Insurance Company company profile. Equitrust Life Insurance Co is a incorporated in the state of Iowa. And we do it all by standing true to our principles and offering the integrity you look for in an insurance company. Certain matters discussed in this press release that are incorporated herein by reference are forward-looking statements within the meaning of Section 27A of the Securities Act, Section 21E of the Exchange Act and the safe harbor provisions of the U.S. EquiTrust earns this recognition for performance from 2017 through 2021. principal. (816) 783-8600. 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.. An optional terminal illness rider may be added for an additional premium cost. If regulators cannot access the PDFs, they may contact the companies and the filings may be considered Not Filed.. Products distributed by EquiTrust Insurance Marketing Services; in California doing business as EQT Insurance Marketing Services. View actions considered by committees, task forces, and subgroups, as well as charges, schedules, and staff links. EquiTrust will immediately credit your contract an extra 6% on any premiums paid during the first five contract years. Its virtually impossible to find any customer reviews above a 1-star rating anywhere on the web, which says a ton about the carriers customer service practices. This is not an offer to buy or sell any security or interest. However, the insurance company is not accredited through the BBB. advisors. However, the carrier does not provide a specific claims response timeframe promise. Customers have reported frustration with having claims answered and processed within a reasonable timeframe. What this does, in effect, is give EquiTrust and its investment division the ability to begin growing capital immediately. EquiTrust Life is a specialized insurance company, with a focus on life insurance. Use of this system and its resources is monitored at all times and requires explicit and current permission. Documents exposed by various committee workgroups. Today it has grown into a global brand with an entire team of passionate researchers, writers, and insurance professionals continuing the original mission Chris set out with: to make insurance simple. Explore future meetings and access past event documents. When it comes to annuities, EquiTrust offers one-year renewable, multi-year, and index-linked accumulation products along with a single premium immediate payout annuity. 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. 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. SmartAsset does not And the bonus isn't just in the name. [CDATA[// >