Foresters Financial is an international financial services provider with a unique history that began in 1874 when we set out to provide access to life insurance for average, working families. More than 140 years later, we provide life insurance, savings, retirement and investment solutions that help families achieve long-term financial health and security.
Today, more than three million clients and members in Canada, the United States and the United Kingdom benefit from the foundation of experience, expertise and reliability we have built over two centuries. During this time, we have remained steadfast in our commitment to help improve family well-being and each year, we invest millions to support causes that enrich the lives of families and communities.
The “No Medical” aspect of this plan indicates that a medical examination is not necessary to be approved for coverage. An important feature for many policy seekers, this plan offers protection without health discrimination. Plans are available to those under the age of 65.
Coverage up to $25,000, and premiums guaranteed for life. Foresters Guaranteed Issue accepts all those who apply, and does not request examinations. A unique feature of this plan: after 20 years of coverage, or above the age of 85, there are no further obligations to pay plan premiums.
With term lengths ranging from as little as 5 years, up to 30 years, Foresters Term Life Insurance is the flexible plan many Canadians are in search of. Policies have the option of being renewed with no medical examination, and premiums are guaranteed throughout the duration of the term.
Foresters Permanent Life Insurance allows a policyholder the option of being covered for a lifetime. This plan carries with it the benefit of accumulation of cash value, and was conceived with the goal of long-term financial planning.
With the flexibility to control the ratios of investment dollars of each premium payment, Foresters Universal Life Plan is a policy well-designed. Policyholders can decide when, and how they’d like to invest their dollars for the future of their families.
A plan designed for families in mind, Foresters Familylife plan is made to cover each member of a family. The option to apply dividends towards lowering premiums or for additional cash withdrawal is available.
For those who are looking to safeguard their family’s financial stability in the event of a critical illness, Foresters Critical Illness plan is a fit. The tax-free benefit that are paid in the event of an illness can be applied to cover current debts, pay for medical or living expenses, among other options.