Waiver of Premium : This rider waives the premium payable in the event of the total disability of the person insured under the rider. The maximum benefit amount has to be the lesser of $300,000 or the death benefit of the base policy. Accidental Death Benefit : This rider provides an additional death benefit when the person insured dies as a result of an accident. Each insured child has the option of converting this coverage to a new permanent life insurance policy without evidence of insurability. The premium is guaranteed and payable only for 20 years. Children’s Term Rider : This rider provides term insurance for the insured person’s children in the age group of 15 days to 25 years. This is an excellent product for meeting changing financial needs, with the added advantage of these optional riders: It is also exchangeable for another term insurance policy with a longer term, if it is offered by Foresters at the time of exchange. It is renewable and convertible to their permanent life insurance products, without having to go through additional medical underwriting. For more information, please visit Foresters Finanical life insurance rating and reviewįoresters Financial’s Term Life Insurance is a pure term life insurance product – as its name suggests. Unity Life of Canada and First Investors Consolidated Corporation are wholly owned subsidiaries of Foresters. Foresters shares its financial strength with more than 765,000 members in the United States, Canada and the United Kingdom. For more information, please visit About Forestersįounded in 1874 as a fraternal benefit society, ForestersTM champions the well-being of families through quality life insurance, unique member benefits and inspiring community activities. With clients in Canada and abroad, illustrate inc continues to evolve to anticipate and meet the changing needs of the insurance and financial services industries. illustrate inc has grown steadily over the past 20 years as a result of its hard focus on addressing industry need for efficiency, effectiveness and speed to market. Illustrate inc is a privately held company with significant expertise in illustration and point-of-sale systems used in the insurance and financial services sectors. We’re thrilled to be able to launch this new application with Foresters™ using our OPUS Mobile platform. Lorne Brown, President, illustrate inc said, “Given the exponential growth in mobile devices these days, applications like Foresters Mobile Quotes represent an exciting opportunity for us. FORESTERS QUICK QUOTES ANDROID
Alternatively, the app can solve for how much life insurance could be purchased given a client’s desired monthly premium.įoresters Mobile Quotes provides results for LifeFirst™, a level term insurance product with a suite of feature-rich riders, and PlanRight™, a series of whole life insurance products designed to help cover final expenses.įoresters Mobile Quotes will run on any smartphone, including the iPhone, BlackBerry, and Android devices. The app also provides a choice of solutions to consider and allows the results to be emailed instantly to the client. “As agents increasingly rely on their mobile devices we wanted to provide ours with the convenience of mobile quotes.”Īgents simply enter their client’s age, gender, smoker class, and desired amount of life insurance, and Foresters Mobile Quotes instantly calculates the monthly and annual premiums.
“We live in a very mobile and often fast-paced society,” said Larry Noyes, Vice President of Sales and Marketing, U.S.
TORONTO, Ap– illustrate inc, a leading developer of point-of-sale technology solutions for the North American life insurance industry, and Foresters™, a life insurance provider committed to the well-being of families, have partnered to create Foresters Mobile Quotes, a new mobile application for use with selected Term and Whole Life products.ĭesigned to run on any web-enabled smartphone, Foresters Mobile Quotes allows agents to quickly and easily run life insurance quotes on their smartphone, making it an ideal tool to use in one-on-one meetings with clients.
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