You will also need to make a payment of at least $10,000. Website at Agents.EquiTrust.com. Because of its high ratings, award-winning recognition, and impressive progression over time, EquiTrust Life Insurance Company has developed a reputation as a financially stable insurance company with a positive outlook for the future. The insurance company does not list their official claims process on their website beyond how to file. This policy stands apart because it is the combination of a life insurance policy and an annuity. Growth is based on current interest. Applicants must be between 60 and 80 to apply for this policy, which also features an Accelerated Death Benefit Rider, flexible premium allocation, and index credits. Company Details EQUITRUST LIFE INSURANCE COMPANY License Status : Active NAIC Number : 62510. Surrender charges may vary by state. Claim types include Death Claims, Nursing Home Waivers, Annuitizations, Accelerated . Its "A+" rating through the BBB is impressive, though. EquiTrust even matches their employees charitable donations and pays employees for a day of volunteering during the year. Market Value Index Annuity from EquiTrust Life Insurance Company gives you the benefits when markets are rising and protection when they're fluctuating. You can also request a quote from the company online. Active CPA and . Browse our timeline to learn how we support insurance regulators in their mission to protect consumers and ensure fair and healthy insurance markets. Compare Quotes From Top Companies and Save. Reviewed by 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. Products distributed by EquiTrust Insurance Marketing Services; in California doing business as EQT Insurance Marketing Services. 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. 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. sherylwilliams_email. An annuity is a fixed amount of money paid to you from an insurance firm. Product offerings include index-linked life insurance primarily for the purpose of wealth transfer and annuities for income. No official claims response timeframe promise. What this does, in effect, is give EquiTrust and its investment division the ability to begin growing capital immediately. Brighthouse Financial is the brand name for Brighthouse Life Insurance Company, Brighthouse Life Insurance Company of NY, and New England Life Insurance Company. Developments and trends in financial markets and insurer investments. EquiTrust Life Variable Account . EquiTrust Cares is an excellent example of how this company values giving back and contributing to philanthropic organizations through paid time off for volunteering. 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. Equitrust Life Insurance's annual revenues are $100-$500 million, The Premium Equitrust Life Insurance Company Report. Are cheaper life insurance policies available? Who owns the EquiTrust Life Insurance Company? We provide tools and resources to help regulators set standards and best practices, provide regulatory support functions, and educate on U.S. state-based insurance regulation. EquiTrust Life Annuity Account - SEC.gov. For this particular review, well focus just on the life insurance side of things: With a focus on accumulation and leverage, EquiTrusts life insurance products are aligned to help consumers utilize their current cash or cash flow for growth with the future in mind. Our principal business is offering life insurance policies and annuity contracts. 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 has a good rating through A.M. Best, but it's not as highly rated as many other modern insurance companies. This serves to assist in preventing insolvencies for which liability is imposed on insurers under state guaranty fund laws.