Product offerings include index-linked life insurance primarily for the purpose of wealth transfer and annuities for income. investor.relations@brighthousefinancial.com. 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.. is in violation of the regulations of this system. The carrier is rather viewed as a financial tool for asset accumulation and estate or legacy planning. There are many reputable life insurance companies in the market today that sell a wide variety of policies. 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. Sell EquiTrust Life Insurance Company Annuities | New Horizons Here, for instance, the ChoiceFour Annuity features a one-year annual reset interest rate, and a choice of four different contract variations, including a(n): For more details on the EquiTrust Choice Four annuity, go HERE. The NAIC Financial Data Repository (Database) is updated every year by the National Association of Insurance Commissioners (NAIC) on behalf of and at the direction of itsmembers, the state insurance commissioners. EquiTrust Life Insurance Company is likely suitable for a very small number of consumers, but can be a great company for applicants to work with if the shoe fits. BestLifeRates.org, LLC. existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. Download Acrobat Reader free of charge. Experienced Vice President Of Information Systems with a demonstrated history of working in the insurance industry. Earvin "Magic" Johnson's Equitrust Funds Over $100 Million In PPP Access to every published model law, regulation, and guideline. Claim types include Death Claims, Nursing Home Waivers, Annuitizations, Accelerated . Type of Entity: Corporation. EquiTrust Life Insurance Company 62510 7100 Westown Parkway, Suite 200 West Des Moines IA 50266 8772493694 Products distributed by EquiTrust Insurance Marketing Services; in California doing business as EQT Insurance Marketing Services. EquiTrust Life Annuity Account - SEC.gov. Our opinions are our own. 2021 Annual Report to Stockholders. In this material, the terms advisor and financial advisor are used as general references to licensed insurance professionals and are not intended to indicate whether the licensed insurance professional is a Registered Investment Advisor or is otherwise authorized under the law to provide financial advice. 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. EquiTrust currently offers three life insurance products. 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. 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. Strong financial stability. 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. Report Locked. We strive to help you make confident insurance decisions. An optional terminal illness rider may be added for an additional premium cost. 4.0 . 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. Market Value Index Annuity from EquiTrust Life Insurance Company gives you the benefits when markets are rising and protection when they're fluctuating. Sapiens DigitalSuite offers a dynamic, digital engagement and enablement platform for insurers to provide a unified, omni-channel experience. 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. At a minimum, applicants would only need to answer medical-related questions or complete a short phone interview. EquiTrust has just one phoneline for customer service and all other inquiries. FBL Financial Group Inc. - AnnualReports.com BBB File Opened: 8/13/2012. These are the three product options currently available on the market: The first, named WealthSure LifeTM, is a single premium life insurance policy, meaning the premiums for the entire durationof the policy are due upon approval. 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. If regulators cannot access the PDFs, they may contact the companies and the filings may be considered Not Filed.. A financial services company newly renamed and offering individual and business life insurance, and annuities. So lets examine these policies closely to discover which one could be the best fit for your needs. Who owns the EquiTrust Life Insurance Company? 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. From the beginning, the company was dedicated to providing personal insurance services to individuals and families at an affordable price. 10,000+ Employees. As you can see, because of the advanced nature of their life insurance products, EquiTrust is not commonly used for basic life insurance coverage, such as term life insurance. 3. Report Date: July 1, 2022 Company Count: 385 COMPANY NAME NAIC# PHONE# 4 Ever Life Insurance Company 80985 2 Mid America Plaza, Suite 200 Oakbrook Terrace IL 60181-4712 8889234227 . Advertiser Disclosure: We strive to help you make confident insurance decisions. Jackson National Perspective II Lifeguard Freedom Flex, Independent Review of EquiTrust Life Insurance Company, Independent Review of the EquiTrust Choice Four Fixed Annuity, Independent Review of the EquiTrust Certainty Select MYGA Annuity. FBL currently underwrites, markets and distributes life insurance, annuities and mutual funds to individuals and small businesses. EquiTrust offers just one phoneline for all customer inquiries. Magic Johnson Enterprises - comprised of multiple business entities and partnerships - acquired a controlling interest in EquiTrust in 2015. Official website is sorely lacking. 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. This is a single-premium whole life insurance policy, which means that youll only need to make one payment to keep the policy active for your lifetime. Sales Week: EquiTrust ads bring business to your doorstep or inbox. 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. This material is not intended to provide investment advice to . And the bonus isn't just in the name. The insurance company also received recognition on Wards list of the Top 50 Performing Insurance Companies that same year. The company also offers roadside assistance and ridesharing coverage options. of the law. PDF Examination Report of Delaware Life Insurance Company As of December 31 You can check out all of the benefits of the Confidence Income Annuity HERE. U.S. Industry Overview & Market Statistics: JOHN HANCOCK LIFE INSURANCE COMPANY U.S.A. BLUE CROSS & BLUE SHIELD OF NORTH CAROLINA, EBIT (Earnings Before Interest and Taxes), Revenue from previous years (2010 to present), Funding from Venture Capital and Private Equity firms, Additional industries in which the company operates, What is the company's size? 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. 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. FBL Financial Group, Inc. is a financial services holding company, headquartered in West Des Moines, Iowa, and traded on the New York Stock Exchange under the symbol FFG. The rating was last updated on 09/09/2022. 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. EquiTrust is a smaller carrier in relation to competitors, yet still has more than $17 billion in assets under management. EquiTrust Recognized Among "Ward's 50" of Top Life and Health Insurance Companies for 2021! To earn this prestigious title, the company must successfully ace a variety of screenings and aim for superior execution during the years specified. Compared to many modern insurance companies, EquiTrusts official website leaves much to be desired. Copyright 2022 Sapiens International. Developments and trends in financial markets and insurer investments. This policy stands apart because it is the combination of a life insurance policy and an annuity. Customers have reported frustration with having claims answered and processed within a reasonable timeframe. EquiTrust Agent Portal However, the insurance companys rating through A.M. Best is noticeably lower than many other modern carriers, despite them being known for having reputable financial strength. review the ongoing performance of any Adviser, participate in the management of any users account by an THE ATLANTA LIFE INSURANCE COMPANY At Atlanta Life, we bring 100 years of experience to every customer we serve. These policies are single-premium, and you must pay at least $10,000 to activate your policy. This rating has decreased by -9% over the . Since 1996, EquiTrust has demonstrated exceptional growth by achieving $23 billion in assets under management. For more information visit https://sapiens.com or follow us on LinkedIn. Industry Financial Filing - National Association of Insurance Commissioners Explore our open opportunities for your chance to join our team. The insurance company also has a social media presence on Facebook, LinkedIn, and Twitter, which makes them more accessible to customers. 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). Years in Business: 10. Business Started: 8/1/2012. EquiTrust Life Insurance Company; 7100 Westown Pkwy Suite 200; West Des Moines, IA 50266-2521; My Annuity Contracts/Life Policies; FAQs; Contact Information; My EquiTrust is a secured customer resource for current values, transaction history, updates, forms and general assistance. However, the carrier does not provide a specific claims response timeframe promise. Written by 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. Get a D&B Hoovers Free Trial. In return, the client receives an instantly leveraged death benefit with long-term growth potential. Most clients invest in an annuity to pursue accumulation or cash-flow goals. at 866-598-3694 or visit the Agent. Website at Agents.EquiTrust.com. (816) 783-8400, For questions about the database & electronic filing: The FBL Financial Group once owned EquiTrust, but Guggenheim Partners bought the company in 2011. Call Sales Support. (816) 783-8089orAcctgRec@naic.org, For questions about NAIC Numbers or cocodes call: EquiTrust has a good rating through A.M. Best, but its not as highly rated as many other modern insurance companies. EquiTrust Life Insurance Company Employee Reviews in West Des - Indeed Website at Agents.EquiTrust.com. EquiTrust Life Partners with Sapiens on their Next Generation Digital No product companies have endorsed the reviews on this site, nor is AnnuityGator.com compensated for reviews. All are Brighthouse Financial affiliated companies. Surrender Charge. The experience at EquiTrust varies depending on what department you work in. Required fields are marked *. Contact a local independent agent in the Trusted Choice network today for assistance concerning the insurance options that are available to you. Nursing Home and Terminal Illness Waivers. Equitrust Life Insurance Company Inc - Dun & Bradstreet Questions? PDF MARKETTWELVE BONUS INDEX - ImmediateAnnuities.com Home | Equitable 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. 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. The most common ethnicity at EquiTrust Life Insurance is White (76%), followed by Hispanic or Latino (11%) and Asian (7%). If you dont want to worry about missing a payment on your life insurance, you may be intrigued by EquiTrusts WealthSure Life insurance policy. Call (866) 598-3694. Rider terminates if Account Value is depleted by non-LTC withdrawals or surrender. Annuity News. Company number. With so many great options on the table, it can be difficult for consumers to find the best policy out of the bunch. Everything I learned was self taught with demanding deadlines and being understaffed in our department. Also, there are many dismal customer reviews across multiple sites detailing frustrating encounters with the insurance company, and disappointment in their coverage. Shopping for a company? The Certainty Select Annuity is EquiTrusts MYGA product. Our principal offices are at 5400 University Avenue, West Des Moines, Iowa 50266. The carrier does have a couple of decades worth of experience under its belt in the industry now, and has a high rating through the BBB. Client-Use Renewal-Rates Flyer. Allstate Corporation. Sapiens ApplicationPro is a robust electronic application software that helps carriers address critical business drivers, such as decreasing timetoissue and reducing policy acquisition costs, all in an extremely intuitive and easytouse package. The Premium Equitrust Life Insurance Company Report contains critical information including: Revenue from previous years (2010 to present) . Surrender charges may vary by state. 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. 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. . West Des Moines, IA. Our founder was born into slavery and grew You will also need to make a payment of at least $10,000. For over 20 years, the EquiTrust Life Insurance Company has helped consumers purchase high-quality life insurance products. May 1, 2008 EquiTrust Life Insurance Company (the "Company") is offering the. Sapiens International Corporation (NASDAQ and TASE: SPNS) empowers the financial sector, with a focus on insurance, to transform and become digital, innovative, and agile. 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. To be among the Ward's 50, each company must pass all safety and consistency screens, and have achieved superior performance over the five years analyzed. However, you wont be able to conduct an internet search for the EquiTrust stock price as this is not a publicly listed company. Client Brochure. Complete the financial statements using software from an approved vendor. 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. LEARN MORE Alonzo Franklin Herndon Founder Born from a bright dream. So, you can be sure that you and your spouse, partner, or other loved one can rely on income for the remainder of both of your lifetimes. EquiTrust Life Insurance Company - BestLifeRates.org reduce returns). The EquiTrust Life Insurance Company provides life insurance policies that allow its clients to increase their cash flow. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider. Class Action Launched Against EquiTrust Life Insurance Company Quotes and offers are not binding, nor a guarantee of coverage. These include: While all of EquiTrusts policies can help you increase your wealth, each is unique. Working at EquiTrust Life Insurance Company | Glassdoor The These ratings are considered Good, but many consumers become wary of insurance companies not rated a minimum of A or better. Susan Andersen - Assistant Vice President Marketing - EquiTrust Life The website also does not provide important information about claims processing. This creates no additional cost to you, and helps provide us an income so we can continue to bring valuable information to your fingertips. 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 .
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