Minimum Premium: $10,000 NQ/Q. Download Acrobat Reader free of charge. 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. You can also request a quote from the company online. Sapiens International Corporation (NASDAQ and TASE: SPNS) empowers the financial sector, with a focus on insurance, to transform and become digital, innovative, and agile. The Premium Equitrust Life Insurance Company Report contains critical information including: Revenue from previous years (2010 to present) . ClickHEREto access the following resources maintained by the Blanks (E) Working Group: Additional NAIC Accounting and Reporting Resources: File Annual & Quarterly financial statements online Annuity riders may be available for an additional annual premium that can provide additional benefits and income guarantees. Active CPA and . 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. When evaluating rates, please verify directly with your insurance company or agent. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our expectations. We have the right one for you. at 866-598-3694 or visit the Agent. Click the links below for: Agent Guide. This information is designed to help you with your decision-making, and it is not intended to provide advice. 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. With that in mind, fixed index annuities may be considered the best of both worlds growth potential without risk. Many customers also trust EquiTrust to handle retirement income or wealth transfer. SmartAssets EquiTrust is one of the best life insurance companies to increase your cash flow. Report Flag as Inappropriate. The flexible, component-based platform can be leveraged together with Sapiens core solutions or on top of other (non-Sapiens) solutions. platform based on information gathered from users through our online questionnaire. Annuity News. Plus, there are tax advantages to owning a fixed annuity. We update our site regularly, and all content is reviewed by insurance experts. However, the insurance company is not accredited through the BBB. On Tuesday, MJE, which Johnson founded in 1987, said it completed its planned acquisition for a "majority, controlling interest" in EquiTrust Life Insurance Company, which manages $14.5 billion in . Answers regarding health care law and insurance. The MarketSeven Fixed Index Annuity from EquiTrust Life Insurance Company gives you the benefits when markets are rising and protection when they're fluctuating. Such forward-looking statements may be identified by the use of the words anticipate, believe, estimate, expect, may, will, plan and similar expressions. At Annuity Gator, we take the frustration out of shopping for annuities. The third, named WealthPay LifeTM, is really a combination product. The WealthMax Bonus Life policy can potentially grow since it is tied to a stock market index. For those concerned about the underwriting process, EquiTrusts UnderWRITE-NOW Processing doesnt require applicants to undergo a medical exam to secure coverage. A relative newcomer to the insurance industry, EquiTrust was established in 1996. Working with an adviser may come with potential downsides such as payment of fees (which will advisors. On average, employees at EquiTrust Life Insurance stay with the company for 3.6 years. Since then, we have grown into national brands with a large team of researchers helping people understand all forms of insurance. 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. (816) 783-8089orAcctgRec@naic.org, For questions about NAIC Numbers or cocodes call: Nursing Home and Terminal Illness Waivers. Variable products are distributed by Brighthouse Securities, LLC (member FINRA). The guarantees expressed are based on the claims paying ability of EquiTrust Life Insurance Company. Customers have reported frustration with having claims answered and processed within a reasonable timeframe. SmartAsset does not The company offers fixed indexed, immediate and fixed annuities, as well as life insurance policies. The policy shares its initial payment with an annuity, but the return collected through the annuity is eventually returned to the life insurance policy. 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. At a minimum, applicants would only need to answer medical-related questions or complete a short phone interview. For complete information about the cookies we use, data we collect and how we process them, please check our. Rachael Brennan administrators. No matter what type of insurance you're looking for, you'll find the peace of mind you need. 1 West Des Moines, Iowa March 12, 2013 HONORABLE Nick GERHART Commissioner of Insurance . 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? The experience at EquiTrust varies depending on what department you work in. 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. Click the button below to request a report when hardcopies become available. Explore future meetings and access past event documents. If you put $100,000 into an annuity, you'll see $100,000 on your statement. BestLifeRates.org, LLC. Annual Reports. Report Locked. 4.0 . Plus, there's the added benefit of tax advantages offered by a fixed annuity. View contracts online. In the event of a full surrender, applies to accumulation value and any . As a result of hard work and talented people, we are doing well. EquiTrust even matches their employees charitable donations and pays employees for a day of volunteering during the year. This single premium deferred annuity features guarantee periods of 3, 5, 6, 8 or 10 years. With such policies, your loans, withdrawals, and surrenders are taxed as income first and could be subject to an additional federal tax penalty of 10% if made before the age of 59. PA 2700-FM-AQ0021 2007 . Access public conference call documents and information. By continuing to access this system you acknowledge you are aware of and agree to these terms. from WalletHub and across the web. 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. 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. 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. provides independent information for the purpose of providing consumers insight into obtaining the best life insurance coverage from the best life insurance company they could obtain, subject to underwriting. Title. The Certainty Select Annuity is EquiTrusts MYGA product. review the ongoing performance of any Adviser, participate in the management of any users account by an It is extremely important that all filings are accurate, complete, and timely. 2021 Annual Report to Stockholders. 54% of EquiTrust Life Insurance employees are women, while 46% are men. (816) 783-8600. This feature isnt available with every term life insurance policy, though, so you should also read the fine print before putting any money down. As of 2020, the insurance company has a reported $20.7 billion in total assets. Complete the financial statements using software from an approved vendor. Skilled in IT Management, Software Development Life Cycle (SDLC), Management . 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. In June 2015, Magic Johnson Enterprises became the majority shareholder, making EquiTrust Life Insurance one of the largest minority-owned life insurance company in the history of the country at $25.7 billion in assets. Questions? 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. 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. From the beginning, the company was dedicated to providing personal insurance services to individuals and families at an affordable price. 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. 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. Explore recent publications, the latest news articles, new federal and legislative news, and model laws to help inform your approach. Client Brochure. EquiTrust Cares is an excellent example of how this company values giving back and contributing to philanthropic organizations through paid time off for volunteering. ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matchin In return, the client receives an instantly leveraged death benefit with long-term growth potential. EquiTrust offers fixed-rate and indexed annuities and life insurance and is headquartered in Chicago with operations in West Des Moines. Compare Quotes From Top Companies and Save. A+ (excellent) rating by Better Business Bureau (BBB). 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). Since 1996, EquiTrust has demonstrated exceptional growth by achieving $23 billion in assets under management. However, for those who fit the bill, EquiTrust Life Insurance Company could be an excellent financial resource and tool. The official website is also lacking common customer service options such as getting matched with an agent or requesting quotes. Growth is based on current interest. EquiTrust has a good rating through A.M. Best, but it's not as highly rated as many other modern insurance companies.
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