Foresters Life Insurance Company Review

Learn about Foresters & find out if they're the best life insurance company for your coverage needs.
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Foresters Life Insurance Company Reviews

Foresters Life Insurance Company Review – Foresters life insurance company is just one of the top life insurance companies represented by Life Insurance Blog. Foresters are on our list of top 10 life insurance companies in the U.S.A., as well as our list of top 10 term life insurance companies who offer insurance no medical exam life insurance.

Needless to say, we believe Foresters is one of the best life insurance companies out there. That said, Foresters excels in specific scenarios, and everyone’s insurance needs are different. Contact us for a no-obligation consultation to see if Foresters (or another life insurance company) is best for your situation.

Foresters Life Insurance Company

Financial Strength
Review Summary

Foresters provides shoppers with a variety of  life insurance products. Foresters is one of the top life insurance companies that you can find. They are one of the go to insurers for a variety of situations. They should be looked at closely by anyone looking for competitive life insurance rates.

Very Good!

Foresters Life Insurance Company Review

In this review, we’ll address the advantages, disadvantages, and alternatives to Foresters Life Insurance Company. We will also review the carrier’s products offered, rating, and special niches they fulfill.

Foresters A.M. Best Rating

A.M. Best, renowned for their reviews of life insurance companies – gave Foresters an A rating that was last updated in August 2016. They have deemed Foresters’ financial strength as excellent.

Great Line of Life Insurance Products

Foresters provides the following life insurance types:

The company has a life insurance plan for just about everyone who wants to protect their loved ones. Let’s go over some of Foresters products:

Foresters Term Life Insurance

Foresters Your Term life insurance can help you and your family avoid a financial disaster at an affordable rate. Term is less expensive and you can meet future financial obligations such as your mortgage payment and your children’s college tuition if you were to die. 

Foresters Your Term has a fixed life insurance premium and coverage amount. Foresters term life insurance is great for shoppers who need coverage for a certain amount of time like 10, 15 or 20 years. Term life pays a death benefit to your beneficiary if you pass away within the designated time.

Foresters Your Term Life Insurance Sample Quotes

Foresters Your Term Life Insurance pricing samples below are based on 20-year term life insurance policy rates for healthy non-smoking man with a Preferred health class rating. Samples are based on Monthly Rates.


LifeFirst Non-Medical

Coverage is available for people 50 years or younger for up to $250,000. Policies that are completely underwritten are also attainable for bigger face amounts. Please click here to learn more about No Exam Life Insurance.

Foresters Your Term Non Medical Quotes

Foresters Your Term Non Medical Life Insurance pricing samples below are based on 20-year term life insurance policy rates for healthy non-smoking man with a Standard health class rating. Samples are based on Monthly Rates.


PlanRight Whole Life Insurance

One of the most popular items provided by Foresters is the final expense policy. This is a permanent whole life policy plan with a guaranteed level premium. Its premium is lower than other final expense policies. However, there are health requirements and questions that must be adhered to. As such, the policy isn’t for everyone.

It comes in three different versions: graded, fixed, and modified.

Fixed Death Benefit: this benefit provides complete face value from the beginning.

Graded Death Benefit: during the first couple of years, there is a limited death benefit. You will acquire a sum greater than the total premium paid acquired with 4.5% interest, or 30% of the face amount during the initial year, and 70% during the second. The death benefit extends to 100% after the first two years.

Modified Death Benefit: paid during the first two years, this limited death benefit is based on the return of the premium paid, plus an additional 10%. The death benefit becomes 100% after the first two years.

Foresters PlanRight Final Expense Whole Life Sample Quotes

[Level Benefit]

Foresters PlanRight Final Expense Whole Life Insurance pricing samples below are based on Lifetime coverage with a Level Benefit. Samples are based on Monthly Rates.


Foresters PlanRight Final Expense Whole Life Sample Quotes

[Graded Benefit]

Foresters PlanRight Final Expense Whole Life Insurance pricing samples below are based on Lifetime coverage with a Graded Benefit. Samples are based on Monthly Rates.


Foresters Life Insurance Rates

For Foresters’ life insurance quotes, simply provide your information into our free quote calculator, which will also showcase quotes from several alternative carriers.

Smart UL Non-Medical

Foresters also sells Universal Life insurance. Coverage is available for people 55 years or younger for up to $250,000. Policies are also available for people 70 years old or younger with face amounts up to a maximum of $150,000.

Interest Sensitive Whole Life

Foresters’ terminology differs from other insurance companies with regards to cash value life insurance benefits. Foresters call the cash value “accumulation value”. Whatever you call it, Foresters Interest Sensitive Whole Life is a fantastic insurance policy for people who see the advantages of having long term protection that establishes cash value.

Foresters Advantages

There are several benefits and advantages with Foresters. Let’s look into what they are.

  • Foresters is one of the top carriers for high face amounts. If you’re looking for a $1 million to 5 million life insurance policy, then Foresters should be looked at closely.
  • Foresters claim to be an international financial services provider who cares about every family’s well-being.
  • If you search for Foresters Life Insurance Company online, you’ll see that most of the reviews about them are positive.
  • The company prides itself on championing on behalf of its customers, not its shareholders.

Foresters Disadvantages

There doesn’t appear to be a lot of cons against Foresters Life Insurance. The company provides a niche service and their products might be just what you’re looking for. However, Foresters is not the only game in town.

  • It’s good to have options when shopping for life insurance. Foresters is one of many choices you have.
  • However, they might not be your best bet for diabetic life insurance, for example. This is why it’s vital to consider all alternatives when purchasing life insurance.

High-Risk Life Insurance Clients Get Favorable Underwriting

Not long ago, a client of ours that was considered “high risk” got approved for a Foresters life insurance policy. The client was having trouble obtaining life insurance he could afford and was declined by another company. This client had a stint, was receiving SSI Disability benefits, and was prescribed Plavix, a blood thinner that scares away many life insurance companies. Foresters, however, gave him with a policy he was happy with.

Will Foresters give you the best rate?

Will Foresters or some other company like Pacific Life, Principal, or CMFG Life get you the best deal? If you want to make sure you’re getting the best life insurance policy available, here’s what you need to do…

Compare Life Insurance Quotes

Use our instant life insurance calculators to compare rates from dozens of the top companies.
Total Time Needed: 5 minutes
Total Cost: 0 USD

Required Tools:

- A Computer.
- Internet Connection.

Things Needed?

- A pen
- A piece of paper

Steps to get an accurate life insurance quote

Use the calculator on this page or click the link above to visit our instant quotes page.
Step 2 : Input coverage details
Fill out the basics about what you’re wanting, how much coverage, for how long, etc. That way we can understand your situation before we can help you. Complete the calculator details as accurately as possible, and be absolutely sure your contact information is correct so we can reach you.
Step 3 : Get help from a licensed agent
Once you’ve filled out the calculator, one of our licensed life insurance agents will  provide you all your options and plan out who will provide you the best rate based on your specific health and lifestyle. All of the recommendations will be based off of the details you provide. It’s very important that you're honest and answer your agent's questions accurately. 
Step 4 : Compare realistic rates
This is where we really begin working to figure out exactly which company will get you the best rate, and how to make it happen. There are literally hundreds of companies and thousands of policy options available. We'll make sure you get the best one based on what you'll qualify for.

Life Insurance Alternatives

Foresters is a great option, but no life insurance company is perfect. Every company has a specialty it caters to. 

Selecting Foresters without knowing what options other companies provide wouldn’t be prudent. As such, it is wise to browse for the cheapest life and whole life insurance rates that apply to your specific profile of health. That’s where Life Insurance Blog can really help you.

About Life Insurance Blog

The Life Insurance Blog agency works with numerous highly regarded companies and have reviewed over 50 of them! Companies such as Protective Life, Progressive Life, Vantis, and Prudential to name a few. Our top priority is to help you get the right policy at the best rate! We customize policies because we know that every client is different. Put our expertise to work to get the life insurance policy right for you, while saving thousands of dollars in the process.

To learn more about life insurance, make sure to visit our page Life Insurance 101 or find out how much you may end up paying for coverage on our Life Insurance Rates by Age page.

foresters life insurance company review

Originally posted 2019-03-30 10:49:53.

Michael Quinn
Michael is a licensed life insurance agent, expert & owner of Life Insurance Blog. LIB has helped thousands of shoppers understand life insurance and secure affordable coverage.

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Michael Quinn
Founder – Life Insurance Blog

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