equitrust life insurance company annual report

Access technology tools and resources for U.S. insurance regulators. If your company does not have an NAIC Company code (sometimes called "NAIC Number" or "cocode"), obtain one by completing the Company Code Application. For more information on how we're paid, click our link below.Full Disclosure. EquiTrust Life Insurance Company has an overall rating of 3.4 out of 5, based on over 16 reviews left anonymously by employees. Evolving software architectures go beyond the monolithic systems of the past, to enable more flexibility, more scalability and faster time to market. A+ (excellent) rating by Better Business Bureau (BBB). Reviewed by The main customer focus of EquiTrust is retirees and those who are approaching retirement. Access forms, tools, and resources for individuals and organizations to file forms, improve efficiency, and remain compliant. Membership lists, services and education to serve you and your mission. Raleigh, N.C., Jun21, 2022 Sapiens 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 . 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. Allstate Corporation. Based in Northbrook, Illinois. 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. Revenue: $100 - $500 million See Exact Annual Revenue: For questions regarding cocodes please call us at: 816-783-8600. EquiTrust, a trusted provider of retirement products with a strong track record of operating performance, distributes fixed-rate and indexed annuities and life insurance through a national network . Having a problem with an insurance company or agent? Please fill out the form below and click "Place Order" to complete your order. While EquiTrusts ratings could be better (they are currently ranked as a BBB+ by Standard & Poors, and as a B++ by A.M. Best Company), the company has nearly $19 billion in invested assets and has a solvency ratio of just under $105. Download Acrobat Reader free of charge. The insurance company was originally a subsidiary of the FBL Financial Group, and began operating in the independent insurance channel in 2003. Call Sales Support. 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. We attempt, within reason, to ensure all quotes are up to date, though rates change periodically and are never guaranteed. Thankfully, if you need cheap life insurance to protect your loved ones, there are other life insurance products you can utilize. For those concerned about the underwriting process, EquiTrusts UnderWRITE-NOW Processing doesnt require applicants to undergo a medical exam to secure coverage. What this does, in effect, is give EquiTrust and its investment division the ability to begin growing capital immediately. Only dismal customer reviews spotted across the web. Its primary operating subsidiary, Farm Bureau Life Insurance Company, underwrites and markets a broad range of life insurance and annuities to individuals and businesses. Percentage of accumulation value by contract year: 12, 11, 10, 9, 8, 7, 6, 4, 2%. Site features products, a retirement center offering financial strategies, and a press room. All investing involves risk, including loss of In return, the client receives an instantly leveraged death benefit with long-term growth potential. 1.9. Products distributed by EquiTrust Insurance Marketing Services; in California doing business as EQT Insurance Marketing Services. The EquiTrust Life Insurance Company has changed hands many times, but it has never faltered in its mission to provide high-quality life insurance products and annuities. Files on this page are PDF. 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. Working with an adviser may come with potential downsides such as payment of fees (which will Also, there are many dismal customer reviews across multiple sites detailing frustrating encounters with the insurance company, and disappointment in their coverage. A Name You Can Trust. Financial Statement Filing & Step Through Guide, Raymond G. Farmer Award for Exceptional Leadership, System for Electronic Rates and Forms Filings, Market Regulation and Consumer Affairs (D), Financial Regulation Standards and Accreditation (F), Innovation, Cybersecurity, and Technology (H), Market Conduct Annual Statement Blanks (D), Risk-Based Capital Investment Risk and Evaluation (E), Purposes and Procedures Manual of the NAIC Investment Analysis Office, Capital Adequacy (E) Task Force (Risk-Based Capital), Statutory Accounting Principles (SAP) (E) Working Group, Updates to the Accounting Practices & Procedures (AP&P) Manual, Financial Internet Filing Online User's Guide, industry-financial-filing-individual-remittance-advice.pdf, industry-financial-filing-combined-remittance-advice.pdf, industry-financial-filing-group-remittance-advice.pdf, 2022Annual 2023Quarterly Financial Statement Filing Deadlines, Annual, Quarterly, and Risk-Based Capital Approved Software Vendors, Formulas for Life, Health & Annuity Guaranty Association Assessable Premium Exhibit Part 2, Purposes & Procedures Manual of the NAIC Investment Analysis Office, Guide to Compliance with State Audit Requirements, Retaliation: A Guide to State Retaliatory Taxes, Fees, Deposits and Other Requirements, Risk-Based Capital (RBC) Forecasting Products, Statutory Accounting Principles (SAP) Self-Study Program, States' Prescribed Differences from NAIC Statutory Accounting Principles (SAP), Assistance with Annual and Quarterly Statement Completion, If your company does not have an NAIC Company code (sometimes called "NAIC Number" or "cocode"), obtain one by completing the. Are cheaper life insurance policies available? What is the EquiTrust Life Insurance Company? 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. Click the button below to request a report when hardcopies become available. AnnuityGator. 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. 1. You will be able to make partial withdrawals without facing penalty fees after the policy has been in place for a year. No flexibility and no interest in promoting anyone who won't play their mean girl games. at 866-598-3694 or visit the Agent. Products distributed by EquiTrust Insurance Marketing Services; in California doing business as . The company also has proven that its products can help consumers leave behind an immense financial gift for their loved ones and bring financial security to their own lives. The insurance company also received recognition on Wards list of the Top 50 Performing Insurance Companies that same year. Our three-year blueprint for the future shows the way toward building on existing strengths. You can selectively provide your consent below to allow such third party embeds. EquiTrust only offers one phoneline for customers to inquire about any of their needs, including filing claims. Discover tools and resources to help you understand different types of insurance, claims processes, and practical tips to help support you through every stage of your life. This information may be different than what you see when you visit an insurance provider, insurance agency, or insurance company website. Domestic and international policy and outreach initiatives. Click the button below to request a report when hardcopies become available. All Rights Reserved. Research and analysis on important insurance issues. Law360 (February 15, 2018, 8:39 PM EST) -- EquiTrust Life Insurance Co. was hit with a putative class action in Florida federal court Wednesday by two policyholders who claim the company charges . EquiTrust Life Insurance Company has been around since 1996. Just as the world continues to change and grow, EquiTrust Life Insurance Company remains in motion. EquiTrust Life Variable Account . [CDATA[// >