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. 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. SmartAssets What is the EquiTrust Life Insurance Company? 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. Private Securities Litigation Reform Act of 1995, that are based on our beliefs, assumptions and expectations, as well as information currently available to us. Company Details EQUITRUST LIFE INSURANCE COMPANY License Status : Active NAIC Number : 62510. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. 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. Permission and instructions to access this system can be obtained from the SmartAsset access control 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. Identify what your insurance needs are and how EquiTrust could meet them for you and your family. 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 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. 2021 Annual Report to Stockholders. The carrier is rather viewed as a financial tool for asset accumulation and estate or legacy planning. 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. at 866-598-3694 or visit the Agent. principal. In October 2011, it acquired the life insurance company EquiTrust from FBL Financial Group. Applicants must be between the ages of 45 and 80. Products distributed by EquiTrust Insurance Marketing Services; in California doing business as EQT Insurance Marketing Services. //-->Equitrust Annuity | MarketSeven Annuity - The Annuity Expert PDF Examination Report of Delaware Life Insurance Company As of December 31 Everything I learned was self taught with demanding deadlines and being understaffed in our department. A high rating from A.M. Best assures customers that EquiTrust is capable of offering guaranteed, secure coverage from a reputable carrier. Transform your core with next generation, digital-led solutions designed to deliver enhanced, frictionless experiences, and increase efficiency, revenue and success. Independent Review of the RiverSource Protected Advantage 6 Year Annuity Independent Review of the RiverSource Life Value Plus Bonus Annuity Independent Review of the RiverSource Life Rate Bonus 1 MYGA Annuity. Overall, WalletHub's editors give Erie Insurance a rating of 3.4/5, as the company has a reputation for offering good . The Certainty Select Annuity is EquiTrusts MYGA product. sherylwilliams_email. EquiTrust Life Insurance Review - Good Financial Cents FBL currently underwrites, markets and distributes life insurance, annuities and mutual funds to individuals and small businesses. To apply for this policy, you must: WealthSure also accumulates cash value. The insurance company also received recognition on Wards list of the Top 50 Performing Insurance Companies that same year. The It includes a death benefit, as well as a nursing home waiver. Annual Reports. And we do it all by standing true to our principles and offering the integrity you look for in an insurance company. Choices. Subject to IRS daily maximum. The official website is also lacking common customer service options such as getting matched with an agent or requesting quotes. For more information visit https://sapiens.com or follow us on LinkedIn. Plus, there's the added benefit of tax advantages offered by a fixed annuity. Must pass suitability requirements. Click the links below for: Agent Guide. Links for Internet Filing are provided to the right. 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. Please fill out the form below and click "Place Order" to complete your order. Equitrust Annuity | Market Value Annuity 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. Plus, there are tax advantages to owning a fixed annuity. 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. 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 . For complete information about the cookies we use, data we collect and how we process them, please check our. Our three-year blueprint for the future shows the way toward building on existing strengths. 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. The purchase of EquiTrust aligns with Magic Johnson Enterprises' focus on diversity in the workplace, as well as rich diversity of thought, focus on the policyholders we serve and the communities in which we work and live - as . Award-Winning Sales Intel. Evolving software architectures go beyond the monolithic systems of the past, to enable more flexibility, more scalability and faster time to market. Today, its corporate headquarters is located in Chicago, Ill., where it actively gives back to the community. Today it has grown into a global brand with an entire team of passionate researchers, writers, and insurance professionals continuing the original mission Chris set out with: to make insurance simple. EquiTrust Life Insurance Company 62510 7100 Westown Parkway, Suite 200 West Des Moines IA 50266 8772493694 Call Sales Support. Carol Woodruff - Vice President, Information Systems - EquiTrust Life Innovation is a key pillar within EquiTrust Life, and we felt that Sapiens digital tools would enable innovation much faster than any other competitor, while providing us industry insights and best practices, said Carol Woodruff, Vice President, Information Systems with EquiTrust Life. 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. EquiTrust Life Insurance Company is a trusted provider of life insurance and annuity products with a strong track record of operating performance. Therefore, despite its positive surplus and solvency, its been rated just B++ by A.M. Best, as well as BBB+ by Standard & Poors. All Rights Reserved | Privacy Policy, Independent Review of Fidelity and Guaranty Life Insurance Company, Independent Review of Eagle Life Insurance Company, We use cookies to enhance your experience while using our website. . At a minimum, applicants would only need to answer medical-related questions or complete a short phone interview. Research and analysis on important insurance issues. An optional terminal illness rider may be added for an additional premium cost. Also, there are many dismal customer reviews across multiple sites detailing frustrating encounters with the insurance company, and disappointment in their coverage. Vice President of Sales and Marketing. Active CPA and . No matter what type of insurance you're looking for, you'll find the peace of mind you need. / Equitrust Life Insurance Company Inc; Equitrust Life Insurance Company Inc. Website. advisors. Jun 2022 - Present10 months. law requires a life insurance producer to submit a form and pay a fee within 30. 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. EquiTrust Life Insurance Company Reviews - Glassdoor But in 2015, Magic Johnson Enterprises, which is owned by basketball hall-of-famer Magic Johnson, bought a controlling interest in EquiTrust. This feature isnt available with every term life insurance policy, though, so you should also read the fine print before putting any money down. Annuity riders may be available for an additional annual premium that can provide additional benefits and income guarantees. Reviewed by (See more.) Company/Agent Search | Missouri Department of Insurance, Financial Use of this system and its resources is monitored at all times and requires explicit and current permission. Raleigh, N.C., Jun21, 2022Sapiens 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 digital solutions to provide their agents next generation customer acquisition and service capabilities. 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. [CDATA[// >