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. You can also request a quote from the company online. Chris Huntley Research and analysis on important insurance issues. Thankfully, plenty of free resources can help you shop for your insurance, like the EquiTrust Life Insurance Company ratings from customers and company watchdogs alike. 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. Income Rider: Includes Benefit Base bonus of 7% on first-year premiums plus Benefit Base compounds annually at 7% for up to 7 years; 1.25% annual fee on Accumulation Value; chronic-illness doubler. THE ATLANTA LIFE INSURANCE COMPANY At Atlanta Life, we bring 100 years of experience to every customer we serve. 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. Leave us a note in the comments - we love everything insurance! Explore our open opportunities for your chance to join our team. In 2012, Guggenheim affiliates acquired the US annuities business of Canadian insurers Industrial Alliance and Sun Life Financial. 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. A relative newcomer to the insurance industry, EquiTrust was established in 1996. Examination Reports | Iowa Insurance Division However, for those who fit the bill, EquiTrust Life Insurance Company could be an excellent financial resource and tool. Please fill out the form below and click "Place Order" to complete your order. Equitrust Annuity | MarketSeven Annuity - The Annuity Expert 2021 Annual Report to Stockholders 1.5 MB. BBB+ from Standard and Poor's. The company also has earned a Comdex rating of 43. Official website is sorely lacking. EquiTrust Agent Portal Sell EquiTrust Life Insurance Company Annuities | New Horizons Evolving software architectures go beyond the monolithic systems of the past, to enable more flexibility, more scalability and faster time to market. West Des Moines, IA. Royal Neighbors of America Royal Choice 10 Fixed Annuity Review Royal Neighbors of America Royal Choice 7 Fixed Annuity Review. In October 2011, it acquired the life insurance company EquiTrust from FBL Financial Group. 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. So lets examine these policies closely to discover which one could be the best fit for your needs. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. We're dedicated to providing you with new financial ideas to help meet your specific needs. Equitrust was a great company at one time. 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. Annuity riders may be available for an additional annual premium that can provide additional benefits and income guarantees. Also, there are many dismal customer reviews across multiple sites detailing frustrating encounters with the insurance company, and disappointment in their coverage. Equitrust Life Variable Account - Sec Annual Reports. Its a single premium payment, just like the others, but the premiums paid go toward an annuity, which, in turn, will pay out the life insurance premiums over time. However, for those who fit the bill, EquiTrust Life Insurance Company could be an excellent financial resource and tool. EquiTrust Life Insurance Company 2022 Ratings. 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. Therefore, despite its positive surplus and solvency, its been rated just B++ by A.M. Best, as well as BBB+ by Standard & Poors. By contacting us you may speak with an insurance licensed agent in your state, and you may be offered insurance products for sale. Sapiens International Corporation (NASDAQ and TASE: SPNS) empowers the financial sector, with a focus on insurance, to transform and become digital, innovative, and agile. This is the EquiTrust Life Insurance Company company profile. Are Any of These Annuities Right for You? 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. For questions regarding cocodes please call us at: 816-783-8600. Brighthouse Financial, Inc. Brighthouse Financial and its design are registered trademarks of Brighthouse Financial, Inc. and/or its affiliates. Thankfully, if you need cheap life insurance to protect your loved ones, there are other life insurance products you can utilize. For more information on EquiTrust Insurance Companys Certainty Select Annuity, go HERE. Site features products, a retirement center offering financial strategies, and a press room. That just isnt up to par with other insurance companies around today. The FBL Financial Group once owned EquiTrust, but Guggenheim Partners bought the company in 2011. 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. EquiTrust currently offers three life insurance products. EquiTrust Life Insurance Company - Profile and Review - AnnuityAdvantage For questions regarding cocodes please call us at: 816-783-8600. EquiTrust Life Insurance Review - Good Financial Cents and a multi-state licensed life insurance agent who has helped over a million Americans seek out affordable coverage, compare quotes, or get their family and businesses covered. You can check out all of the benefits of the Confidence Income Annuity HERE. Applicant ages generally range between 50-85, and a Return of Premium Rider is also available at no additional charge. EquiTrust Life Insurance Company 62510 7100 Westown Parkway, Suite 200 West Des Moines IA 50266 8772493694 Overall, WalletHub's editors give Erie Insurance a rating of 3.4/5, as the company has a reputation for offering good . Independent insurance agents can help make customer service easier for you by handling claims and other concerns. While EquiTrust does not make information about their specific discounts readily available, most life insurance companies today offer several common discounts on comparable coverages. Jun 2022 - Present10 months. Plus, there are tax advantages to owning a fixed annuity. As always, conduct your own research on a variety of carriers before signing any paperwork. Equitrust Life Insurance Co Company Profile - Dun & Bradstreet 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. For customers who arent as familiar with insurance companies respective reputations, A.M. Bests ratings system allows them to make an informed decision about who they can trust to meet their needs in the short term, and also to remain a strong, financially sound company in the long term. You can even use life insurance to provide yourself with more financial security while youre alive. EquiTrust Life Insurance Company Financial Statement Filing & Step Through Guide, Raymond G. 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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 In return, the client receives an instantly leveraged death benefit with long-term growth potential. EquiTrust Life Insurance Company was purchased by Guggenheim Partners in 2011. More. Our goal is to be an objective, third-party resource for everything insurance related. SmartAssets We award EquiTrust Life Insurance a final rating of 1.5 out of 5 stars. Get your Bridge toolkit today. Click the links below for: Agent Guide. EquiTrust provides phone claims reporting as well as fax and email claims reporting options for their customers. Its "A+" rating through the BBB is impressive, though. EquiTrust Agent Portal review the ongoing performance of any Adviser, participate in the management of any users account by an No flexibility and no interest in promoting anyone who won't play their mean girl games. EquiTrust Life Insurance Company 2023 Ratings Click the button below to request a report when hardcopies become available. 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. Description. Questions? (816) 783-8600orFDRadmin@naic.org, For questions about filing fees or accounts receivable: Even though EquiTrust offers a wide array of annuities to choose from, how can you determine which one if any is right for you? An optional terminal illness rider may be added for an additional premium cost. The company offers fixed indexed, immediate and fixed annuities, as well as life insurance policies. This serves to assist in preventing insolvencies for which liability is imposed on insurers under state guaranty fund laws. PDF LIFE INSURERS Report Date Company Count - dbr.ri.gov The insurance company does not list their official claims process on their website beyond how to file. Insurer Ratings and Better Business Bureau Grade. COMPANIES; REPORTS; LAWS, RULES & GUIDANCE; Company search. This information may be different than what you see when you visit an insurance provider, insurance agency, or insurance company website. Since 1996, EquiTrust has demonstrated exceptional growth by achieving $23 billion in assets under management. Magic Johnson Enterprises Acquires Equitrust Life Insurance Co. 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. Class Action Launched Against EquiTrust Life Insurance Company 4.0 . The NAIC provides expertise, data, and analysis for insurance commissioners to effectively regulate the insurance industry and protect consumers. principal. You should also note that a WealthMax Bonus Life is typically issued as a Modified Endowment Contract. 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. Guggenheim Partners - Wikipedia [CDATA[// >