Equitrust Market Ten Bonus Annuity (Up To 6% Bonus) Everything I learned was self taught with demanding deadlines and being understaffed in our department. The company also offers roadside assistance and ridesharing coverage options. As a result of hard work and talented people, we are doing well. Mark is a former Big 4 auditor with 10 plus years of public/private experience in audit within a variety of industries: manufacturing/consumer products/insurance/financial services. FBL Financial Group Inc. - AnnualReports.com Our goal is to be an objective, third-party resource for everything insurance related. For questions regarding cocodes please call us at: 816-783-8600. The EquiTrust Life Insurance Company first opened its doors for business in 1996. 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. All content is posted anonymously by employees working at EquiTrust Life Insurance Company. These policies are single-premium, and you must pay at least $10,000 to activate your policy. Brighthouse Financial is the brand name for Brighthouse Life Insurance Company, Brighthouse Life Insurance Company of NY, and New England Life Insurance Company. By contacting us you may speak with an insurance licensed agent in your state, and you may be offered insurance products for sale. In February 2010, Guggenheim Partners acquired Security Benefit Corp, parent company of Rydex Funds. For more information on how we're paid, click our link below.Full Disclosure. Surrender charges may vary by state. EquiTrust Life Insurance Company Official website is sorely lacking. EquiTrust Life Insurance Company Reviews. Our opinions are our own. More. Erie Insurance Reviews (2023): 900+ User Ratings - WalletHub What this does, in effect, is give EquiTrust and its investment division the ability to begin growing capital immediately. Browse our timeline to learn how we support insurance regulators in their mission to protect consumers and ensure fair and healthy insurance markets. Form Date Form Name Number Line Of Business; 2021/10/01: 1035 Exchange Instructions: 436-830.pdf: Annuity: 2011/04/01: 1-Year Avg Participation Index Account Specimen 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 is a trusted provider of life insurance and annuity products with a strong track record of operating performance. 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. Discover tools and resources to help you understand different types of insurance, claims processes, and practical tips to help support you through every stage of your life. Allstate Corporation does not currently have any hardcopy reports on AnnualReports.com. Even though EquiTrust offers a wide array of annuities to choose from, how can you determine which one if any is right for you? EquiTrust Life Partners with Sapiens on their Next Generation Digital Their coverage offerings include: If youre on the market for life insurance or annuities, EquiTrust Life Insurance Company may have just the type of product youre looking for. Earvin Magic Johnson's Equitrust funds over $100 million for minority D&B Hoovers TM Wins 3 Best Of Awards from TrustRadius! 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). N-CEN: Filer Information - whalewisdom.com EXAMINATION REPORT OF EQUITRUST LIFE INSURANCE COMPANY WEST DES MOINES, IOWA AS OF DECEMBER 31, 2011 . 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. 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 . Additional information. 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. EquiTrust is a smaller carrier in relation to competitors, yet still has more than $17 billion in assets under management. (See more.) Occasionally the Iowa Insurance Division will conduct a focused examination related to a particular issue involving an insurance company domiciled in another state.) Their life insurance policies come with the following perks: Your independent insurance agent can help you find out more about EquiTrusts life insurance policies, as well as their other products. Read the 9th Annual B2B Sales & Marketing Data Report New: B2B Data Report! The NAIC will be working to ensure that companies have complied with electronic filing requirements and financial reporting requirements contained in the Blanks, Annual Statement Instructions and Purposes and Procedures Manual of the NAIC Investment Analysis Office,and any data validation failures are resolved. No matter what type of insurance you're looking for, you'll find the peace of mind you need. Growth is based on current interest. EquiTrust Hit With Suit Over Unauthorized Payout Fees For financial reporting, their fiscal year ends on December 31st. This material is not intended to provide investment advice to . All rights reserved. Save my name, email, and website in this browser for the next time I comment. The rating was last updated on 09/09/2022. In addition, FBL manages all aspects of two Farm Bureau affiliated. ANNUAL REPORT FOR REGISTERED INVESTMENT COMPANIES OMB APPROVAL: Form N-CEN. Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer. Since EquiTrusts products are distributed exclusively through independent insurance agents, clients can ensure theyre getting the best coverage at the best rate possible. 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. Answers regarding health care law and insurance. Applicant ages generally range between 50-85, and a Return of Premium Rider is also available at no additional charge. Term life insurance policies only last for a set number of years, but you can get an immense amount of coverage at a very low rate, as you can see here: Many insurance companies even offer term policies that can be converted into permanent coverage without the need to reassess your inseparability. You can also request a quote from the company online. Our annuity experts are also available to answer any of the question or concerns that you may have, whether you are just starting to shop for an annuity, or youve owned one for some time and you want to ensure that its still performing the way it was meant to. BBB+ from Standard and Poor's. The company also has earned a Comdex rating of 43. Vice President of Sales and Marketing. You place money into an account, and the agency invests it so that it will grow. ClickHEREto access the following resources maintained by the Blanks (E) Working Group: Additional NAIC Accounting and Reporting Resources: File Annual & Quarterly financial statements online EquiTrust Life will provide a 12 percent bonus paid over three years. The EquiTrust Life Insurance Company provides life insurance policies that allow its clients to increase their cash flow. While we believe such forward-looking statements are based on reasonable assumptions, should one or more of the underlying assumptions prove incorrect, or these risks or uncertainties materialize, our actual results may differ materially from those expressed or implied by the forward-looking statements. EquiTrust Agent Portal Equitrust ChoiceFour Annuity | 2.25% Rate - The Annuity Expert And just . For example, there is no outline of an official claims process or claims response timeframe to be found. Click the links below for: Agent Guide. For the seventh consecutive year, EquiTrust is recognized among the "Wards 50" of top life and health insurance companies. Doing so can be difficult especially given the overwhelming amount of small print that is oftentimes associated with annuities. Site features products, a retirement center offering financial strategies, and a press room. 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. Two Arizona senior citizens filed a proposed class-action lawsuit against EquitTrust Life Insurance Company, claiming the Iowa-based financial company duped consumers into purchasing financial products through deceptive sales practices, among other charges. Participation in the Database provides essential data for the Insurance Regulatory Information System (IRIS) Financial Ratio Reports, risk-based capital analysis, and other solvency-related reviews of individual companies, including reporting compliance and financial analysis. This policy stands apart because it is the combination of a life insurance policy and an annuity. Jason Fisher is the founder and CEO of BestLifeRates.org, LLC. American Republic - About Us We're here to help. PA 2700-FM-AQ0021 2007 . Find contact information for insurance departments and local insurance agents, or file a complaint. Business Profile for EquiTrust Life Insurance Company Overall, WalletHub's editors give Erie Insurance a rating of 3.4/5, as the company has a reputation for offering good . An optional terminal illness rider may be added for an additional premium cost. Products underwritten and issued by EquiTrust Life Insurance Company, West Des Moines, Iowa. Permission and instructions to access this system can be obtained from the SmartAsset access control 2. Call Sales Support. SEC CIK #0001054501. This creates no additional cost to you, and helps provide us an income so we can continue to bring valuable information to your fingertips. Annuity riders may be available for an additional annual premium that can provide additional benefits and income guarantees. 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. EquiTrust has a good rating through A.M. Best, but it's not as highly rated as many other modern insurance companies. 3. Company Profile & Annual Report for Equitrust Life Insurance Access the complete profile. Jason Fisher Last Updated: December 6, 2021, Certain links on this page will refer you to products we might recommend. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is Today, this company holds north of $17 billion in assets under management. Company number. EquiTrust Life Variable Account . Membership lists, services and education to serve you and your mission. FBL Financial Group Inc. does not currently have any hardcopy reports on AnnualReports.com. You can also review index-linked life insurance offerings, such as EquiTrustsSecure SuiteLifeTM andGrowth SuiteLifeTMproducts. Applies to partial withdrawals in excess of the penalty-free withdrawal amount. EquiTrust Life Insurance Company has an overall rating of 3.4 out of 5, based on over 16 reviews left anonymously by employees. 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. Type of Entity: Corporation. All Rights Reserved. Its primary operating subsidiary, Farm Bureau Life Insurance Company, underwrites and markets a broad range of life insurance and annuities to individuals and businesses. investor.relations@brighthousefinancial.com. For more information on EquiTrust Insurance Companys Certainty Select Annuity, go HERE. The phoneline contact option is offered at restricted hours, Monday-Friday. EquiTrust allows customers to file claims via email, fax, or phone. EquiTrust Agent Portal What You Need to Know About the EquiTrust Life Insurance Company, The EquiTrust Life Insurance Company is over 20 years old, EquiTrust only sells whole life insurance policies, EquiTrust life insurance policies can increase your cash flow. The NAIC provides expertise, data, and analysis for insurance commissioners to effectively regulate the insurance industry and protect consumers. A relative newcomer to the insurance industry, EquiTrust was established in 1996. EquiTrust Life Insurance Company . EquiTrust Life Insurance Company Reviews - Glassdoor Bottom Line: EquiTrust is known for offering life insurance that does not require medical exams, and has even been recognized as a top performing insurance company by Wards. 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 . Access public conference call documents and information. Enter your ZIP code below to view companies that have cheap insurance rates. The insurance company does not list their official claims process on their website beyond how to file. The flexible, component-based platform can be leveraged together with Sapiens core solutions or on top of other (non-Sapiens) solutions. Managers play favorites, have created a hostile environment where bullying their employees is acceptable. Offers life insurance and annuities. Magic Johnson adds life insurance co. to empire - USA TODAY How Do Annuity Agent Commissions Work? - The Balance 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. Contract issued on Form Series ICC12-ET-EIA-2000 (01-12) or ET-EIA-2000 (06-04). 2020 Annual Report to Stockholders. Experienced Vice President Of Information Systems with a demonstrated history of working in the insurance industry. Since then, we have grown into national brands with a large team of researchers helping people understand all forms of insurance. You wont have to worry about an extensive or invasive underwriting process when you choose EquiTrust for your insurance needs. In 2015, Magic Johnson Enterprises (MJE) became a controlling shareholder of the insurance provider. EquiTrust, while not a large insurance company by industry standards, has a unique set of products to fit investment-minded individuals approaching or in retirement. Identify what your insurance needs are and how EquiTrust could meet them for you and your family. View actions considered by committees, task forces, and subgroups, as well as charges, schedules, and staff links. Sales Week: EquiTrust ads bring business to your doorstep or inbox. Learn more Related links form. 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.. Have a question or request? If you dont want to worry about missing a payment on your life insurance, you may be intrigued by EquiTrusts WealthSure Life insurance policy. Should you feel confident pursuing EquiTrust for your insurance needs? 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. The third, named WealthPay LifeTM, is really a combination product. This partnership has broadened EquiTrusts reach when it comes to diversity in the workplace and corporate community impact initiatives. Trail commissions are payable annually based on the contract's Accumulation Value on the contract's anniversary date. Life and Annuity Claims Manager Job in West Des Moines, IA at EquiTrust [CDATA[// >EquiTrust Life Insurance Review - Good Financial Cents Counsel for plaintiffs in the case described the decision this way: "In Tabares v. EquiTrust Life Insurance Company, a class of deferred annuity purchasers alleged that although EquiTrust promised them a 10% premium bonus if they purchased one of its deferred annuities, it simply offset the amount of the bonus through lower annual rates. Access to every published model law, regulation, and guideline. The insurance company also does not offer online claims reporting through their website, which puts them far behind many other modern carriers. 60% of employees would recommend working at EquiTrust Life Insurance Company to a friend and 83% have a positive outlook for the business. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); AnnuityGator.com offers independent annuity product reviews. 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. 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. If youre looking for life insurance or annuities from an insurance company that makes its customers a priority, we strongly encourage you to work together with your independent insurance agent to survey all other options before settling on EquiTrust Life Insurance Company as your trusted carrier. If you do not have permission, continuing to attempt to access this site and its resources Prior to August 2, 2013, the Company, formerly known as Sun Life Assurance Company of Canada (U.S.) (SLUS), was a member of the Sun Life Financial insurance holding company system. EquiTrust Agent Portal For over 20 years, the EquiTrust Life Insurance Company has helped consumers purchase high-quality life insurance products. Get a D&B Hoovers Free Trial. 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. 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 has 125 employees. EquiTrust is also not currently BBB accredited, and has had several customer complaints filed against them through the organization in recent years. Most of the time, you'll see your account growing in value. The EquiTrust Life Insurance Company has changed hands many times, but it has never faltered in its mission to provide high-quality life insurance products and annuities. 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. Equitrust Life Insurance Co is a incorporated in the state of Iowa. EquiTrust even matches their employees charitable donations and pays employees for a day of volunteering during the year. Class Action Launched Against EquiTrust Life Insurance Company In addition, premiums paid into the policy at approval see a 12% bonus immediately. EquiTrust Values. EquiTrust Life is a specialized insurance company, with a focus on life insurance. All insurance rates, products, and services are presented without warranty and guarantee. Revenue: $100 - $500 million See Exact Annual Revenue: Forms are available on the website to make claims filing easier. Equitrust was a great company at one time. A glossary of insurance terms and definitions. 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. Website at Agents.EquiTrust.com. 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. Earvin "Magic" Johnson's Equitrust Funds Over $100 Million In PPP Sapiens DigitalSuite offers a dynamic, digital engagement and enablement platform for insurers to provide a unified, omni-channel experience. Applicant Ages: 0-85 (no IBR); 40-85 (with IBR. Annuity Reviews Database of Over 300+ Reviews | Annuity Gator This information may be different than what you see when you visit an insurance provider, insurance agency, or insurance company website. Brighthouse Financial is the brand name for Brighthouse Life Insurance Company, Brighthouse Life Insurance Company of NY, and New England Life Insurance Company. Its A+ rating through the BBB is impressive, though. The Ward Group analyzes the financial performance of over 700 US-based life and health insurance companies. from WalletHub and across the web. Equitrust ChoiceFour Fixed Annuity is a fixed annuity offering choices to balance accumulation and liquidity needs. EquiTrust is a national carrier of competitive, client-friendly options, available through various distribution channels including more than 15,700 independent sales representatives and independent marketing organizations. Your personal tax advisor can provide important . 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. 2023, Consumer Agent Portal, LLC. Its "A+" rating through the BBB is impressive, though. Equitrust Annuity | MarketSeven Annuity - The Annuity Expert 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. 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. 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. 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. EquiTrust Life Insurance Company 2022 Ratings. The FBL Financial Group once owned EquiTrust, but Guggenheim Partners bought the company in 2011. 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 information is designed to help you with your decision-making, and it is not intended to provide advice. It is extremely important that all filings are accurate, complete, and timely. EquiTrust Life Insurance Company is a trusted provider of life insurance and annuity products with a strong track record of operating performance. Contact a local independent agent in the Trusted Choice network today for assistance concerning the insurance options that are available to you. Insurance Blog By Chris (IBBC) was founded by life insurance agent Chris Huntley in 2008 to help educate and inform consumers on some of the most complicated aspects of insurance. EquiTrust earns this recognition for performance from 2017 through 2021. EquiTrust, a trusted provider of retirement products with a strong track record of operating performance, distributes fixed-rate and indexed annuities and life insurance through a national network . EquiTrust has just one phoneline for customer service and all other inquiries. FBL Financial Group, headquartered in West Des Moines, Iowa, is a holding company whose primary operating subsidiaries are Farm Bureau Life Insurance Company and EquiTrust Life Insurance Company.