Equitrust Life Insurance's annual revenues are $100-$500 million, The Premium Equitrust Life Insurance Company Report. 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. Report Flag as Inappropriate. 1991-2023 National Association of Insurance Commissioners. Magic Johnson Enterprises Acquires Equitrust Life Insurance Co. 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. 3. Guarantees subject to the claims-paying ability of EquiTrust Life Insurance Company. Personalized Illustrations. View actions considered by committees, task forces, and subgroups, as well as charges, schedules, and staff links. 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 Insurance Company Reviews. West Des Moines, IA. Two multi-asset, risk-controlled index options provide an extra level of diversification. Tap into the digital era and reimagine your engagement with customers, the visibility you provide to agents and brokers, and the agility and flexibility with which you manage your business. However, for those who fit the bill, EquiTrust Life Insurance Company could be an excellent financial resource and tool. property-casualty insurance companies for a management fee. EquiTrust has a good rating through A.M. Best, but it's not as highly rated as many other modern insurance companies. Products underwritten and issued by EquiTrust Life Insurance Company, West Des Moines, Iowa. Jason Fisher Last Updated: December 6, 2021, Certain links on this page will refer you to products we might recommend. To compare quotes from many different insurance companies please enter your ZIP code on this page to use the free quote tool. Are Any of These Annuities Right for You? Choices. Equitrust ChoiceFour Fixed Annuity is a fixed annuity offering choices to balance accumulation and liquidity needs. Sapiens International Corporation (NASDAQ and TASE: SPNS) empowers the financial sector, with a focus on insurance, to transform and become digital, innovative, and agile. Representatives from diverse groups who provide varied perspectives on insurance regulatory issues. 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. 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. 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. Growth is based on current interest. The main customer focus of EquiTrust is retirees and those who are approaching retirement. EquiTrust Agent Portal 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. Independent Review of EquiTrust Life Insurance Company 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. EquiTrust is a smaller carrier in relation to competitors, yet still has more than $17 billion in assets under management. 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. What this does, in effect, is give EquiTrust and its investment division the ability to begin growing capital immediately. A.M. Best, the leading global credit rating agency monitoring the insurance industry, gives EquiTrust a B++ rating, indicating the carrier is a good choice for insurance customers. EquiTrust has just one phoneline for customer service and all other inquiries. Annual Report on Equitrust Life Insurance's Revenue, Growth, SWOT View contracts online. If you do not have permission, continuing to attempt to access this site and its resources 60% of employees would recommend working at EquiTrust Life Insurance Company to a friend and 83% have a positive outlook for the business. SEC CIK #0001054501. Are cheaper life insurance policies available? and a multi-state licensed life insurance agent who has helped over a million Americans seek out affordable coverage, compare quotes, or get their family and businesses covered. EquiTrust Life Insurance Company is a national carrier of competitive, client-friendly annuity products sold through a variety of distribution channels, including more than 20,000 independent . SmartAsset does not Atlanta Life Insurance - Atlanta Life Insurance 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. EquiTrust Life Insurance Company - EquiTrust Life Insurance Company Class Action Launched Against EquiTrust Life Insurance Company Having a problem with an insurance company or agent? For over 20 years, the EquiTrust Life Insurance Company has helped consumers purchase high-quality life insurance products. Steps to Completing a Financial Statement Filing. 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. We have the right one for you. In 2015, Magic Johnson Enterprises (MJE) became a controlling shareholder of the insurance provider. Equitrust Life Variable Account - Sec SmartAssets This creates no additional cost to you, and helps provide us an income so we can continue to bring valuable information to your fingertips. Claim types include Death Claims, Nursing Home Waivers, Annuitizations, Accelerated . PA 2700-FM-AQ0021 2007 . EquiTrust has primarily focused on two main product lines: These are the two most common products with any life insurance carrier, since annuities and life insurance somewhat go hand-in-hand. 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. Developments and trends in financial markets and insurer investments. Compare Quotes From Top Companies and Save. Skilled in IT Management, Software Development Life Cycle (SDLC), Management . EquiTrust specializes in life insurance. Permission and instructions to access this system can be obtained from the SmartAsset access control EquiTrust Agent Portal 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. 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. EquiTrust Life Insurance Company Employee Reviews in West Des - Indeed Please fill out the form below and click "Place Order" to complete your order. I was hired just before the annual reporting with little to no training or guidance from management. However, EquiTrust was recognized as among the Wards 50 for their top-notch financial performance from 2013-2017. These ratings are considered Good, but many consumers become wary of insurance companies not rated a minimum of A or better. 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. EquiTrust Agent Portal Our insurance industry partnerships dont influence our content. Questions? This information is designed to help you with your decision-making, and it is not intended to provide advice. Products underwritten and issued by EquiTrust Life Insurance Company, West Des Moines, Iowa. No mention of an insurance company or its prices is an offer for life insurance, and all users and applicants shall be subject to any and all underwriting requirements by the insurance company in which you apply. Equitrust Life Insurance Co SEC Registration - sec.report Dina Vince Head of Investor Relations, Sapiens. EquiTrust Life Insurance has 125 employees. Surrender charges may vary by state. Two multi-asset, risk-controlled index options provide an extra level of diversification. EquiTrust Client Portal Annuities and life insurance are issued by, and product guarantees are solely the responsibility of, Brighthouse Life Insurance Company, Charlotte, NC 28277 and, in New York only, by Brighthouse Life Insurance Company of NY, New York, NY 10017 (Brighthouse Financial). Annual Reports. American Republic - About Us With that in mind, fixed index annuities may be considered the best of both worlds growth potential without risk. 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 the event of a full surrender, applies to accumulation value and any . EquiTrust Life Insurance Company. Erie Insurance is a pretty good insurance company, offering homeowners, business and umbrella insurance policies, in addition to auto coverage. Call (866) 598-3694. 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. Sapiens end-to-end solution empowers EquiTrusts strategic initiative to increase sales with a more intuitive, engaging experience. Access to every published model law, regulation, and guideline. The EquiTrust Life Insurance Company ratings indicate that this company will have . Overview. EquiTrust Life Insurance Company is a trusted provider of life insurance and annuity products with a strong track record of operating performance. The second, named WealthMax Bonus Life, is similar to the WealthSure Life product, but the growth is tied to stock market indices instead of current interest rates. The Premium Equitrust Life Insurance Company Report contains critical information including: Revenue from previous years (2010 to present) . Applicant ages generally range between 60-80. Brighthouse Financial is the brand name for Brighthouse Life Insurance Company, Brighthouse Life Insurance Company of NY, and New England Life Insurance Company. Keep reading to learn more about this company and what it can offer you. No official claims response timeframe promise. 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. This rating has decreased by -9% over the . PDF EXAMINATION REPORT OF EQUITRUST LIFE INSURANCE COMPANY WEST DES - Iowa Website at Agents.EquiTrust.com. You should also note that a WealthMax Bonus Life is typically issued as a Modified Endowment Contract. Membership lists, services and education to serve you and your mission. We update our site regularly, and all content is reviewed by insurance experts. Domestic and international policy and outreach initiatives. How Do Annuity Agent Commissions Work? - The Balance 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. 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. Working at EquiTrust Life Insurance Company | Glassdoor Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer. EquiTrust Cares is an excellent example of how this company values giving back and contributing to philanthropic organizations through paid time off for volunteering. EquiTrust Life Insurance Company Reviews - Glassdoor 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. EquiTrust - Overview, News & Competitors | ZoomInfo.com 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. principal. Transform your core with next generation, digital-led solutions designed to deliver enhanced, frictionless experiences, and increase efficiency, revenue and success. Please fill out the form below and click "Place Order" to complete your order. We're dedicated to providing you with new financial ideas to help meet your specific needs. This is not an offer to buy or sell any security or interest. The rating was last updated on 09/09/2022. Now, Magic Johnson Enterprises owns a large portion of the EquiTrust Life Insurance Company. EquiTrust Life Insurance Company. The official website is also lacking common customer service options such as getting matched with an agent or requesting quotes. Site features products, a retirement center offering financial strategies, and a press room. American Republic Insurance Company was founded in 1929 by Watson Powell, a pioneer in the health and accident insurance business. Avoid market losses - guaranteed. Discover our framework to drive change and promote accountability in our workplace.
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