The flexible, component-based platform can be leveraged together with Sapiens core solutions or on top of other (non-Sapiens) solutions. 2020 Annual Report to Stockholders. Or talk to an agent now at (855) 372-0071, Massachusetts Mutual Life Insurance Company Review. EquiTrust Life Insurance Company has been around since 1996. Site features products, a retirement center offering financial strategies, and a press room. Adviser or provide advice regarding specific investments. Shopping for a company? Answers regarding health care law and insurance. 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. 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. The life insurance side is a fixed premium IUL insurance product, and growth is tied to the stock market indexes. 4.0 . This rating has decreased by -9% over the . The insurance company was originally a subsidiary of the FBL Financial Group, and began operating in the independent insurance channel in 2003. 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. 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. With that in mind, fixed index annuities may be considered the best of both worlds growth potential without risk. The third, named WealthPay LifeTM, is really a combination product. . View actions considered by committees, task forces, and subgroups, as well as charges, schedules, and staff links. . principal. registered with the U.S. Securities and Exchange Commission as an investment adviser. EquiTrust Life Insurance Company . Sapiens International Corporation (NASDAQ and TASE: SPNS) empowers the financial sector, with a focus on insurance, to transform and become digital, innovative, and agile. of the law. Doing so can be difficult especially given the overwhelming amount of small print that is oftentimes associated with annuities. 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. ChoiceFour from EquiTrust Life Insurance Company is a tax-deferred annuity featuring competitive one-year renewable interest rates, access to your money, and protection of your principal.. 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. Are Any of These Annuities Right for You? SmartAssets Explore our open opportunities for your chance to join our team. Call Sales Support. The experience at EquiTrust varies depending on what department you work in. administrators. Equitrust Life Insurance Co is a incorporated in the state of Iowa. Although not a giant, household name, EquiTrust Life Insurance Company has held a steady place within the life insurance industry since 1996, namely for its suite of indexed products. 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. Transmit your filing to the NAIC via the Internet. Explore recent publications, the latest news articles, new federal and legislative news, and model laws to help inform your approach. EquiTrust Life will provide a 12 percent bonus paid over three years. With a trusted expert in your corner, finding the perfect combo of coverage and cost is a breeze. If youre a consumer who only wants to work with financially strong companies, youll be pleased with the EquiTrust life Insurance Company financial ratings: Additionally, EquiTrust has an A+ from the Better Business Bureau. (816) 783-8600orFDRadmin@naic.org, For questions about filing fees or accounts receivable: The insurance company does not list their official claims process on their website beyond how to file. 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. For more information visit https://sapiens.com or follow us on LinkedIn. Minimum Premium: $10,000 NQ/Q. For more information on how we're paid, click our link below.Full Disclosure. Contract issued on Form Series ICC12-ET-EIA-2000 (01-12) or ET-EIA-2000 (06-04). Click the button below to request a report when hardcopies become available. EquiTrust has just one phoneline for customer service and all other inquiries. The Ward Group analyzes the financial performance of over 700 US-based life and health insurance companies. Explore future meetings and access past event documents. 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. / Equitrust Life Insurance Company Inc; Equitrust Life Insurance Company Inc. Website. Must pass suitability requirements. Call Sales Support. Complete the financial statements using software from an approved vendor. Company Details EQUITRUST LIFE INSURANCE COMPANY License Status : Active NAIC Number : 62510. However, the carrier does not provide a specific claims response timeframe promise. Allstate Corporation has reached its limit for free report views. Product offerings include index-linked life insurance primarily for the purpose of wealth transfer and annuities for income. No online claims reporting option. PA 2700-FM-AQ0021 2007 . Your email address will not be published. Rachael Brennan Plus, there are tax advantages to owning a fixed annuity. 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. 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. Plus, there's the added benefit of tax advantages offered by a fixed annuity. Only dismal customer reviews spotted across the web. 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. 1.9. No separate claims reporting hotline. While EquiTrust does not make information about their specific discounts readily available, most life insurance companies today offer several common discounts on comparable coverages. To compare quotes from many different insurance companies please enter your ZIP code on this page to use the free quote tool. Save my name, email, and website in this browser for the next time I comment. Rider terminates if Account Value is depleted by non-LTC withdrawals or surrender. EquiTrust Life Insurance Company has an overall rating of 3.4 out of 5, based on over 16 reviews left anonymously by employees. Please fill out the form below and click "Place Order" to complete your order. 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. To apply for this policy, you must: WealthSure also accumulates cash value. THE ATLANTA LIFE INSURANCE COMPANY At Atlanta Life, we bring 100 years of experience to every customer we serve. 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. EquiTrust only offers one phoneline for customers to inquire about any of their needs, including filing claims. Overall, WalletHub's editors give Erie Insurance a rating of 3.4/5, as the company has a reputation for offering good . Website at Agents.EquiTrust.com. About Us. EquiTrust earns this recognition for performance from 2017 through 2021. Access public conference call documents and information. review the ongoing performance of any Adviser, participate in the management of any users account by an Growth is based on current interest. Violators can and will be prosecuted to the full extent The rating was last updated on 09/09/2022. A vast majority (over 95%) of these assets are considered investment grade, though . By contacting us you may speak with an insurance licensed agent in your state, and you may be offered insurance products for sale. Research and analysis on important insurance issues. For this particular review, well focus just on the life insurance side of things: With a focus on accumulation and leverage, EquiTrusts life insurance products are aligned to help consumers utilize their current cash or cash flow for growth with the future in mind. Annuity riders may be available for an additional annual premium that can provide additional benefits and income guarantees. After several years she expanded her insurance expertise, earning her license in Health and AD&D insurance as well. The EquiTrust specializes in life insurance. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); AnnuityGator.com offers independent annuity product reviews. EquiTrust Life Insurance Company was founded in 1996, giving the carrier just about a quarter of a centurys worth of experience in the industry today. One of the most popular types of life insurance policies for consumers on a budget is a term life insurance policy. EquiTrust currently offers three life insurance products. EquiTrust cannot give legal, tax or accounting advice. Columbus, Ohio Area. Company Profile & Annual Report for Equitrust Life Insurance Access the complete profile. Our three-year blueprint for the future shows the way toward building on existing strengths. Financial Statement Filing & Step Through Guide, Raymond G. 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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. Disclaimer: www.InsuranceBlogByChris.com strives to present the most up-to-date and comprehensive information on saving money on insurance possible. EquiTrust is a smaller carrier in relation to competitors, yet still has more than $17 billion in assets under management. Allstate Corporation does not currently have any hardcopy reports on AnnualReports.com. 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. Choices. Documents exposed by various committee workgroups. The Certainty Select Annuity is EquiTrusts MYGA product. 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. 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. Before purchasing any investment product be sure to do your own due diligence and consult a properly licensed professional should you have specific questions as they relate to your individual circumstances. Insurer Ratings and Better Business Bureau Grade. We are very excited to partner with EquiTrust Life on their digital transformation journey, said Jamie Yoder, Sapiens North America President & General Manager. You should also note that a WealthMax Bonus Life is typically issued as a Modified Endowment Contract. Avoid market losses - guaranteed. 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. It includes a death benefit, as well as a nursing home waiver. An optional terminal illness rider may be added for an additional premium cost. You place money into an account, and the agency invests it so that it will grow. Occasionally the Iowa Insurance Division will conduct a focused examination related to a particular issue involving an insurance company domiciled in another state.) By continuing to access this system you acknowledge you are aware of and agree to these terms. The carrier does have solid financial strength, and A.M. Best places them in the $1.25-$1.5 billion financial size category. If you dont want to worry about missing a payment on your life insurance, you may be intrigued by EquiTrusts WealthSure Life insurance policy. at 866-598-3694 or visit. Access forms and tools to file expense reports, review grant and zone scholarship balances, and travel guidelines. Have a question or request? A+ (excellent) rating by Better Business Bureau (BBB). Our principal offices are at 5400 University Avenue, West Des Moines, Iowa 50266. Phone Number: 3127023400 Company Address: 7100 WESTOWN PARKWAY, SUITE 200 WEST DES MOINES, IA 50266 Description: Life and Health . The policy shares its initial payment with an annuity, but the return collected through the annuity is eventually returned to the life insurance policy. Who owns the EquiTrust Life Insurance Company? May 1, 2008 EquiTrust Life Insurance Company (the "Company") is offering the. There are important factors that could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: the degree of our success in our plans to leverage our global footprint to grow our sales the degree of our success in integrating the companies that we have acquired through the implementation of our M&A growth strategy the lengthy development cycles for our solutions, which may frustrate our ability to realize revenues and/or profits from our potential new solutions our lengthy and complex sales cycles, which do not always result in the realization of revenues the degree of our success in retaining our existing customers or competing effectively for greater market share difficulties in successfully planning and managing changes in the size of our operations the frequency of the long-term, large, complex projects that we perform that involve complex estimates of project costs and profit margins, which sometimes change mid-stream the challenges and potential liability that heightened privacy laws and regulations pose to our business occasional disputes with clients, which may adversely impact our results of operations and our reputation various intellectual property issues related to our business potential unanticipated product vulnerabilities or cybersecurity breaches of our or our customers systems risks related to the insurance industry in which our clients operate risks associated with our global sales and operations, such as changes in regulatory requirements, wide-spread viruses and epidemics like the recent novel coronavirus pandemic, which adversely affected our results of operations, or fluctuations in currency exchange rates and risks related to our principal location in Israel and our status as a Cayman Islands company. The WalletHub rating is comprised of reviews from both WalletHub users and ratings on other reputable websites. Licensed Insurance Agent. Here at the blog, our job is to educate and inform people about the best insurance for them. Developments and trends in financial markets and insurer investments. SEC CIK #0001054501. All are Brighthouse Financial affiliated companies. 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. platform based on information gathered from users through our online questionnaire. You can also use EquiTrust Life Insurance Company reviews like this one to help you discover the right life insurance company for your needs. Official website is sorely lacking. 2023, Consumer Agent Portal, LLC. 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. 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). It is built on the understanding that competitive returns and minimal taxation are . Complete the financial statements using software from an approved vendor. The carrier provides the following customer service options: EquiTrust sells its insurance products through a wide network of agents, including independent insurance agents. EquiTrust Life Insurance has 125 employees. 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 Website at Agents.EquiTrust.com. Membership lists, services and education to serve you and your mission. Browse our timeline to learn how we support insurance regulators in their mission to protect consumers and ensure fair and healthy insurance markets. 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? 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. MONTHLY OVERVIEW: February updates, recaps and department news. It also serves several other regulatory information needs, such as mandated: experience analysis for particular lines or sublines for individual companies and groups; general market structure and performance analysis; and statistics by company, groups or the industry as a whole. 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. Products underwritten and issued by EquiTrust Life Insurance Company, West Des Moines, Iowa.