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Home > Life Insurance Company Profiles > Foresters Life Insurance

Foresters Life Insurance

Foresters Life Insurance is a unique life insurance company based in Canada. Founded 135 years ago, Foresters is not a life insurance company in the traditional sense. Rather, it is a fraternal benefit society that provides life insurance and other benefits to its members.

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As a fraternal benefit society, Foresters Life Insurance is not-for-profit. When you purchase a Foresters product, you become a member of the Foresters branch located closest to you. In addition to the benefits provided by the life coverage you purchased, you also get benefits like a critical illness benefit, the ability to attend family events for Foresters members, financial counseling and the ability to apply for scholarships.

Foresters Life Plans

Foresters offers term life, whole life and variable universal life coverage. Which one is right for you? It depends on your age, how much protection you wish to purchase and a number of other factors. Term life gives you the biggest bang for your buck, benefit-wise, but it has a set expiration and only pays if you die before it expires. Whole life and universal life plans stay in force until you pass on or stop paying the premiums. These life insurance plans also build up cash value over time that you can tap into if you need to.

Foresters offers a lot of benefits to members, but it's still a good idea to look into a variety of options. Comparing options is the only way to know for sure that you are getting a good deal. The easiest way to get started on this process is to request a free, no obligation quote right here, at Life-Insurance-Info.us. Our representatives are happy to help. Get started today!

* Life-Insurance-Info.us is not a life insurance broker or carrier, and cannot issue life insurance policies. We are not associated with the company or companies profiled on this page and Life-Insurance-Info.us make no representation, express or implied, that you will receive a quote from the company profiled herein. This site provides free information on insurance providers and coverage options. Products and policies may not be available in all states, and product information is subject to change without notice. Please contact the insurance company directly to answer your policy inquiries.