Although Foresters life insurance isn’t the most well-known carrier, it has a long track record of good reviews and is well-known for its final expense coverage and low-cost policies.
- Foresters Life Insurance Value
- Foresters Financial Strength
- Foresters Website Review
- Foresters Application Process
- Foresters Types of Coverage Offered
- CareViva Consensus
Foresters Life Insurance Value


The cost of life insurance is determined by a number of factors, including your age, gender, and health.
Some life insurance firms have lower premiums than others because they evaluate risk factors differently. That is why it is important to compare quotes from a variety of providers.
Although Foresters’ plans aren’t the most affordable for the majority of applicants, they’re also not the most expensive.
Foresters, as one of the best final cost firms, is likely to offer the most value to seniors.
Foresters Financial Strength
The financial ability of a life insurance firm should be taken into consideration when evaluating it.
Since life insurance is intended to protect what matters most to you, you can purchase it from a financially stable business.
Credit scores are an excellent predictor of a life insurance company’s ability to fulfill its financial obligations.
Although Foresters isn’t accredited by any of the major rating agencies, A.M. Best has given the business a “A” rating.
Foresters Financial posted gross assets of $13.9 billion in 2020, with a $1.6 billion surplus.
Foresters’ credibility, success, and credit rating all point to a strong financial position.
The Foresters’ website is easy to use and navigate.
The company’s past, financial success, and community involvement can all be found here.
It also contains information on loyalty benefits as well as life insurance choices.
Although the platform provides information on passengers, eligibility, and incentives, most policies’ available coverage amounts are not disclosed.
Foresters Website Review
You can, however, use Foresters’ online life insurance calculator to figure out how much coverage you need.
Policyholders can download forms from the company’s website, but most policy changes should be handled by their agent.
Foresters does not provide online quotations or applications for coverage. Instead, you’ll need to work with an independent contractor to complete the submission.
Foresters Application Process
You may be able to bypass the medical test with streamlined underwriting, in which case your acceptance and rates will be based on your application responses and records.
Foresters claims that their no exam applications are normally accepted within 5 business days, but that this can take longer.
The approval time for the company’s medically underwritten policies is about three weeks on average, which is about average for the industry.
Foresters Types of Coverage Offered
Foresters offers three types of life insurance products:
- Term
- Universal
- Whole
CareViva Consensus
It’s important to do your research before buying life insurance, looking into multiple opinions of a company.
In addition to evaluating Foresters for ourselves, we’ve scored the company based on what other industry experts have to say.
Foresters did not make our best life insurance companies list, and it isn’t often ranked as one of the top overall carriers across the industry.
However, Foresters Financial has built itself from the ground up over the last 140 years, and its growing reputation is only preceded by its exceptional products.
While Foresters may not be the ideal carrier for every life insurance shopper, it has a promising lineup which appeals to many.
Not only will you get dependable coverage backed by a reputable company, but also unique fraternal benefits.
For more life insurance review, check out our Bestow Life Insurance Review.