equitrust life insurance company annual report

It was incorporated under the laws of Delaware on January 12, 1970 and commenced business on January 1, 1973. Plus, there are tax advantages to owning a fixed annuity. Doing so can be difficult especially given the overwhelming amount of small print that is oftentimes associated with annuities. Today, its corporate headquarters is located in Chicago, Ill., where it actively gives back to the community. Your personal tax advisor can provide important . You can selectively provide your consent below to allow such third party embeds. In addition, FBL manages all aspects of two Farm Bureau affiliated. Senior Customer Service Representative (Former Employee) - West Des Moines, IA - June 13, 2020. However, the insurance company is not accredited through the BBB. (Annual sales and employees). FBL currently underwrites, markets and distributes life insurance, annuities and mutual funds to individuals and small businesses. Equitrust Life Variable Account - Sec For more information on how we're paid, click our link below.Full Disclosure. Life and Annuity Claims Manager Job in West Des Moines, IA at EquiTrust SmartAssets A high rating from A.M. Best assures customers that EquiTrust is capable of offering guaranteed, secure coverage from a reputable carrier. 2023, Consumer Agent Portal, LLC. For over 20 years, the EquiTrust Life Insurance Company has helped consumers purchase high-quality life insurance products. Products underwritten and issued by EquiTrust Life Insurance Company, West Des Moines, Iowa. 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. Main customer service and claims reporting hotline has the following hours restrictions: Income tax-free benefits for beneficiaries, Approval based on medical questions but no exam required. Keep reading to learn more about this company and what it can offer you. At Annuity Gator, we take the frustration out of shopping for annuities. 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. Active CPA and . The EquiTrust Life Insurance Company ratings indicate that this company will have . Equitrust ChoiceFour Annuity | 2.25% Rate - The Annuity Expert Marketing & Admin News. 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. Most of the time, you'll see your account growing in value. Equitrust Life Insurance Company Inc - Dun & Bradstreet (816) 783-8600orFDRadmin@naic.org, For questions about filing fees or accounts receivable: . For example, EquiTrust employees are encouraged to fill their time with charitable exploits and donate funds to non-profits. 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. EquiTrust Life Insurance Company - Profile and Review - AnnuityAdvantage In 2012, Guggenheim affiliates acquired the US annuities business of Canadian insurers Industrial Alliance and Sun Life Financial. 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. For more information on EquiTrust Insurance Companys Certainty Select Annuity, go HERE. We award EquiTrust Life Insurance a final rating of 1.5 out of 5 stars. Get your Bridge toolkit today. . EquiTrust Life Partners with Sapiens on their Next Generation Digital Sapiens simple, intuitive, device-agnostic user engagement with flexible branding and integrations enhances EquiTrust Lifes partner experience. BBB+ from Standard and Poor's. The company also has earned a Comdex rating of 43. 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. The life insurance side is a fixed premium IUL insurance product, and growth is tied to the stock market indexes. The Premium Equitrust Life Insurance Company Report contains critical information including: Revenue from previous years (2010 to present) . Since 1996, EquiTrust has demonstrated exceptional growth by achieving $23 billion in assets under management. Two multi-asset, risk-controlled index options provide an extra level of diversification. Allstate Corporation. Contract E-Delivery is Here! So, is this a brand you and your family can trust for years to come? ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matchin EquiTrust has a good rating through A.M. Best, but its not as highly rated as many other modern insurance companies. Minimum Premium: $10,000 NQ/Q. Leveraging Sapiens toolkit, the solution provides self-sufficiency and reduces total cost of ownership. Official website is sorely lacking. An annuity is a fixed amount of money paid to you from an insurance firm. 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. No separate claims reporting hotline. At the annual or special meeting of shareholders, a majority of the shares entitled to vote, represented in person or by proxy, constitute a quorum for . Posted: January 19, 2023. 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. Nothing on this website is a recommendation to buy or sell an annuity. EquiTrust Life Insurance Company was purchased by Guggenheim Partners in 2011. services are limited to referring users to third party advisers registered or chartered as fiduciaries EquiTrust Life Insurance Company . Company Details EQUITRUST LIFE INSURANCE COMPANY License Status : Active NAIC Number : 62510. BestLifeRates.org, LLC. EquiTrust Life Insurance Company is a trusted provider of life insurance and annuity products with a strong track record of operating performance. EquiTrust Life Annuity Account - SEC.gov. 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. Are Any of These Annuities Right for You? Adviser or provide advice regarding specific investments. Subsequent annual maximum after year 1: $250,000 Contract maximum without prior EquiTrust approval: $1,000,000. Examination Reports | Iowa Insurance Division EquiTrust has just one phoneline for customer service and all other inquiries. What this does, in effect, is give EquiTrust and its investment division the ability to begin growing capital immediately. Learn more Related links form. Columbus, Ohio Area. 1991-2023 National Association of Insurance Commissioners. EquiTrust Life Insurance Company Reviews: 24 User Ratings - WalletHub For any applicants suffering from an illness or worrying about their current state of health, you can breathe a sigh of relief. ANNUAL REPORT FOR REGISTERED INVESTMENT COMPANIES OMB APPROVAL: Form N-CEN. 60% of employees would recommend working at EquiTrust Life Insurance Company to a friend and 83% have a positive outlook for the business. We were looking for one vendor to drive our digital transformation and accelerate innovation within our agent sales process. Is the EquiTrust Life Insurance Company highly rated? A Name You Can Trust. All are Brighthouse Financial affiliated companies. A vast majority (over 95%) of these assets are considered investment grade, though . Get Equitrust Annuity Partial Withdrawal Form Et 2512 EquiTrust is a national carrier of competitive, client-friendly annuity and life insurance products, available through a national network of independent sales representatives. EquiTrust Agent Portal Rider terminates if Account Value is depleted by non-LTC withdrawals or surrender. One of the most popular types of life insurance policies for consumers on a budget is a term life insurance policy. On average, employees at EquiTrust Life Insurance stay with the company for 3.6 years. NOTE: Some states allow companies to utilize electronic signatures in documents from companies such as DocuSign. The FBL Financial Group once owned EquiTrust, but Guggenheim Partners bought the company in 2011. As of 2020, the insurance company has a reported $20.7 billion in total assets. EquiTrust Life Insurance Company Reviews - Glassdoor You should not rely upon forward-looking statements as predictions of future events. Experienced Vice President Of Information Systems with a demonstrated history of working in the insurance industry. Skilled in IT Management, Software Development Life Cycle (SDLC), Management . Access forms, tools, and resources for individuals and organizations to file forms, improve efficiency, and remain compliant. Choices. NAIC specifications do not allow for any image or DocuSign and DocuSign Envelop PDFs. Heather Kane - Vice President of Sales and Marketing - EquiTrust Life EquiTrust Life Insurance Company Reviews. Equitrust Life Insurance's annual revenues are $100-$500 million, The Premium Equitrust Life Insurance Company Report. A financial services company newly renamed and offering individual and business life insurance, and annuities. This annuity features both single life and joint life payout options. Rachael Brennan N-CEN: Filer Information - whalewisdom.com Chris Huntley 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. Now, Magic Johnson Enterprises owns a large portion of the EquiTrust Life Insurance Company. FBL Financial Group Inc. does not currently have any hardcopy reports on AnnualReports.com. Brighthouse Financial, Inc. Brighthouse Financial and its design are registered trademarks of Brighthouse Financial, Inc. and/or its affiliates. Equitrust Annuity | Market Value Annuity EquiTrust Life will provide a 12 percent bonus paid over three years. LEARN MORE Alonzo Franklin Herndon Founder Born from a bright dream. Company number. P.S If you would like to read more of our EquiTrust Life Insurance annuity reviews here are some links to check out: Your email address will not be published. This is the EquiTrust Life Insurance Company company profile. 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. Complete the financial statements using software from an approved vendor. platform based on information gathered from users through our online questionnaire. EquiTrust Life Insurance Company EquiTrust earns this recognition for performance from 2017 through 2021. Since then, we have grown into national brands with a large team of researchers helping people understand all forms of insurance. 54% of EquiTrust Life Insurance employees are women, while 46% are men. But in 2015, Magic Johnson Enterprises, which is owned by basketball hall-of-famer Magic Johnson, bought a controlling interest in EquiTrust. May 1, 2008 EquiTrust Life Insurance Company (the "Company") is offering the. 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 . EquiTrust is one of the best life insurance companies to increase your cash flow. Allstate Corporation has reached its limit for free report views. Records required to be maintained according to the Company's record retention policy, include policyowner files, orders for fund shares, daily unit value computations, bank account records, reconciliation and . 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. For complete information about the cookies we use, data we collect and how we process them, please check our. For questions regarding cocodes please call us at: 816-783-8600. EquiTrust is also not currently BBB accredited, and has had several customer complaints filed against them through the organization in recent years. Everything I learned was self taught with demanding deadlines and being understaffed in our department. (See more.) Nursing Home and Terminal Illness Waivers. Financial Ratings. All Rights Reserved. According to the lawsuit, EquiTrust designed a . EquiTrust Life Insurance Company 62510 7100 Westown Parkway, Suite 200 West Des Moines IA 50266 8772493694 Of course, with so many different life insurance carriers in the marketplace (in the hundreds these days), you should be evaluating the carrier you plan to work with way before signing any paperwork. Established in 1899, A.M. Best is one of the oldest rating companies in the world. We strive to help you make confident insurance decisions. The NAIC provides expertise, data, and analysis for insurance commissioners to effectively regulate the insurance industry and protect consumers. Read the 9th Annual B2B Sales & Marketing Data Report New: B2B Data Report! Unfortunately, you cant apply for this policy if you have any pre-existing health conditions. EquiTrust Agent Portal We have the right one for you. EquiTrust Life Insurance review. You can also use EquiTrust Life Insurance Company reviews like this one to help you discover the right life insurance company for your needs. ClickHEREto access the following resources maintained by the Blanks (E) Working Group: Additional NAIC Accounting and Reporting Resources: File Annual & Quarterly financial statements online Forms are available on the website to make claims filing easier. Report Flag as Inappropriate. No online claims reporting option. Claim types include Death Claims, Nursing Home Waivers, Annuitizations, Accelerated . No product companies have endorsed the reviews on this site, nor is AnnuityGator.com compensated for reviews. Allstate Corporation - AnnualReports.com 4.0 . 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. MARKETTWELVE BONUS INDEXfrom EquiTrust Life Insurance Company gives you benefits when markets are rising, and security when they're fluctuating. 2021 Annual Report to Stockholders. More. Our principal business is offering life insurance policies and annuity contracts. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider. 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. Learn more Arizona Department Of Insurance 2012/2013 Annual.