EquiTrust allows customers to file claims via email, fax, or phone. For those concerned about the underwriting process, EquiTrusts UnderWRITE-NOW Processing doesnt require applicants to undergo a medical exam to secure coverage. NAIC specifications do not allow for any image or DocuSign and DocuSign Envelop PDFs. At a minimum, applicants would only need to answer medical-related questions or complete a short phone interview. Working at EquiTrust Life Insurance Company: 17 Reviews American Republic - About Us Equitrust Life Insurance's annual revenues are $100-$500 million, The Premium Equitrust Life Insurance Company Report. EquiTrust Agent Portal And just . Applies to partial withdrawals in excess of the penalty-free withdrawal amount. To earn this prestigious title, the company must successfully ace a variety of screenings and aim for superior execution during the years specified. Customers can call the carrier or contact their independent insurance agent if they have questions about how to file. 24 reviews. at 866-598-3694 or visit. At Annuity Gator, we take the frustration out of shopping for annuities. Copyright 2022 Sapiens International. We attempt, within reason, to ensure all quotes are up to date, though rates change periodically and are never guaranteed. This serves to assist in preventing insolvencies for which liability is imposed on insurers under state guaranty fund laws. EquiTrust Life Insurance Company 2023 Ratings, Founder of Huntley Wealth & Insurance Services. The Life and Annuity Claims Manager is responsible for management, leadership and oversight of the Life and Annuity Claims Department overseeing death and contractual living benefits processing team. 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. Advertiser Disclosure: We strive to help you make confident insurance decisions. How Do Annuity Agent Commissions Work? - The Balance MARKETTWELVE BONUS INDEXfrom EquiTrust Life Insurance Company gives you benefits when markets are rising, and security when they're fluctuating. We're dedicated to providing you with new financial ideas to help meet your specific needs. A.M. Best, the leading global credit rating agency monitoring the insurance industry, gives EquiTrust a B++ rating, indicating the carrier is a good choice for insurance customers. You can also request a quote from the company online. 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? 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. 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. Sales Week: EquiTrust ads bring business to your doorstep or inbox. EquiTrust Life Insurance Company is considered to be stable financially, and because of that, the company has earned the following ratings from the insurer rating agencies: B++ from A.M. Best Company. 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. Our opinions are our own. EquiTrust only offers one phoneline for customers to inquire about any of their needs, including filing claims. Type of Entity: Corporation. This is the EquiTrust Life Insurance Company company profile. However, the carrier does not provide a specific claims response timeframe promise. Get Equitrust Annuity Partial Withdrawal Form Et 2512 Certain matters discussed in this press release that are incorporated herein by reference are forward-looking statements within the meaning of Section 27A of the Securities Act, Section 21E of the Exchange Act and the safe harbor provisions of the U.S. 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. Website at Agents.EquiTrust.com. The Certainty Select Annuity is EquiTrusts MYGA product. EquiTrust Life Insurance Company 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. Magic Johnson adds life insurance co. to empire - USA TODAY All are Brighthouse Financial affiliated companies. Report Flag as Inappropriate. Discover our framework to drive change and promote accountability in our workplace. Magic Johnson Enterprises - comprised of multiple business entities and partnerships - acquired a controlling interest in EquiTrust in 2015. Annual Report on Equitrust Life Insurance's Revenue, Growth, SWOT EquiTrust Life Insurance Company Reviews. EquiTrust Life Insurance Company is a stock life insurance company which was incorporated in the State of Iowa on June 3, 1966. It includes a death benefit, as well as a nursing home waiver. (Annual sales and employees). Are cheaper life insurance policies available? Tabares et al v. Equitrust Life Ins. Co. - United Policyholders Files on this page are PDF. It is extremely important that all filings are accurate, complete, and timely. Should you feel confident pursuing EquiTrust for your insurance needs? Since 1996, EquiTrust has demonstrated exceptional growth by achieving $23 billion in assets under management. Equitrust was a great company at one time. Our annuity experts are also available to answer any of the question or concerns that you may have, whether you are just starting to shop for an annuity, or youve owned one for some time and you want to ensure that its still performing the way it was meant to. While the EquiTrust Life Insurance Company ratings prove that this company offers reliable products and great customer service, many people cant afford to pay $10,000 at the drop of a hat. You wont have to worry about an extensive or invasive underwriting process when you choose EquiTrust for your insurance needs. Revenue: $100 - $500 million See Exact Annual Revenue: 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 . 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. 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 Recognized Among "Ward's 50" of Top Life and Health Insurance Companies for 2021! Occasionally the Iowa Insurance Division will conduct a focused examination related to a particular issue involving an insurance company domiciled in another state.) Glassdoor gives you an inside look at what it's like to work at EquiTrust Life Insurance Company, including salaries, reviews, office photos, and more. No official claims response timeframe promise. Call Sales Support. Class Action Launched Against EquiTrust Life Insurance Company Overall, WalletHub's editors give Erie Insurance a rating of 3.4/5, as the company has a reputation for offering good . In June of 2015, Earvin "Magic" Johnson became majority owner of EquiTrust Life Insurance, the largest minority-owned life insurance company in the history of the country at $22 billion in assets. 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. The insurance company also received recognition on Wards list of the Top 50 Performing Insurance Companies that same year. Company/Agent Search | Missouri Department of Insurance, Financial What is the EquiTrust Life Insurance Company? Access forms, tools, and resources for individuals and organizations to file forms, improve efficiency, and remain compliant. Answers regarding health care law and insurance. Many customers also trust EquiTrust to handle retirement income or wealth transfer. This partnership has broadened EquiTrusts reach when it comes to diversity in the workplace and corporate community impact initiatives. This material is not intended to provide investment advice to . Unfortunately, you cant apply for this policy if you have any pre-existing health conditions. No flexibility and no interest in promoting anyone who won't play their mean girl games. Annuity riders may be available for an additional annual premium that can provide additional benefits and income guarantees. Steps to Completing a Financial Statement Filing. Senior Customer Service Representative (Former Employee) - West Des Moines, IA - June 13, 2020. This single premium deferred annuity features guarantee periods of 3, 5, 6, 8 or 10 years. Heather Kane - Vice President of Sales and Marketing - EquiTrust Life