There are so many life insurers in the United States that consumers can choose from. Many of them are outstanding at what they do and continually provide value to their policyholders. But in every service or product business, there are a select group of organizations that stand out among the others.

Foresters Financial (Foresters Life Insurance) is one of those companies that offers much more than insurance products to consumers, their mission is “to help everyday families achieve their long-term financial goals.”

Foresters Life Insurance

Here we’ll discuss the 3 top facts about Foresters Life Insurance and how these facts separate them from other life insurers in the marketplace.

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The Independent Order of Foresters


independent order of foresters


The Independent Order of Foresters has roots that go all the way back to 14th century England. These roots ran deep in or near the ancient royal forests that were owned by the monarchy in power at that time.  Even though much of this history hasn’t been proven, we know that there existed a society known as the Royal Foresters back in the 18th century and originally a membership was earned based on combat.

History has recorded the following formation of the Independent Order of Foresters as follows:

  • The Royal Foresters created a Friendly Society in 1834 known as the Ancient Order of Foresters
  • The members of the Independent Order of Foresters that were in the U.S. decided to be independent of the Ancient Order of Foresters in 1874 and currently has a separate division in the UK known as Forester Life that is based in South London.
  • Over time, the Independent Order of Foresters increased their membership substantially and the group decided to offer financial products to the hardworking families who were members. The company also decided to invest in the communities of its membership in the US, UK, and Canada by providing funds for educational scholarships and direct investments in community partnerships.


Being organized as a fraternal benefit insurance company, Foresters Life is owned by the membership and not a publicly traded company like most life insurers. This means that the company answers to its policyholders and not stockholders which most people find beneficial.

As a policyholder of Foresters Financial (Foresters Life Insurance) you become part of an organization that not only provides financial benefits to its members through life insurance and other financial products but has also made the following community investments in 2017:

  • $2.2 million in scholarship funding for students in the US, UK, and Canada
  • $4.4 million in various community initiatives such as Community Beautification, Care Packages, Meal Help, Volunteer Support, and Create and Construct.


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Foresters Life Insurance offers a Complete Financial Portfolio


foresters financial


Not every life insurer offers a complete financial product portfolio. This means that consumers will likely have to business with several financial product providers in order to obtain the various products they need to round out their financial needs.

Life Insurance

Foresters offers a complete line of life insurance products to meet the needs of consumers that includes Term Life Insurance, Whole Life Insurance, Universal Life, Variable Universal Life, and Variable Life.

This portfolio means that Foresters members have access to life insurance productions that will provide a solution for any financial need.


For members seeking financial products that will help fund a comfortable retirement plan, Foresters offers four types of annuity products: Differed Fixed Annuities, Deferred Variable Annuities, Immediate Fixed Annuities, and Longevity Fixed Annuities. Taking advantage of these financial products and using the appropriate planning (provided by Foresters financial professionals) consumers can implement a solid plan for a comfortable retirement.

Mutual Funds

Foresters Financial also offers a variety of Mutual Funds to meet the needs of consumers and members looking to invest for a variety of reasons. They offer mutual funds that fall into two categories, core funds that are generally used as the foundation in your investment program, and non-core funds which are riskier and used to diversify your investment portfolio.

Foresters’ cored funds consist of Growth and Income, Total Return, and Investment Grade funds. The non-core funds being offered are International and Global funds. Members who are looking to use mutual funds as part of their investment portfolio have access to a large group of Foresters Financial registered representatives to help you understand these funds and help you make informed decisions regarding your investment activities.


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Foresters Life Insurance Products are Affordable


Although pricing should not be the only factor in determining the value of a financial product, it is certainly near the top of the short list of items that most consumers use to make a purchase decision.

The management at Foresters Life Insurance continues to keep in mind that they are servicing hard-working families and as such, Foresters Life Insurance products are extremely competitive with every product they offer.

 Here is an example of Foresters 20-year Term Life Insurance for a 30-yeard old Non-Smoker: 


foresters life insurance rates

These rates are for 20-year Term Life Insurance that is fully-underwritten. Foresters Life Insurance also offers a no medical exam policy that priced somewhat higher but is a simplified issues product.


 Here is an example of Foresters Life Insurance Final Expense product for a 60-year old Non-Smoker:  

foresters final expense insurance rates

These rates are for a level benefit policy that will pay the full death benefit without a waiting period. Foresters Life Insurance is also one of the few insurance companies that will offer final expense insurance to applicants up to age 85.

In conclusion, when you are searching for help or looking online for financial products that offer considerable value, consider these 3 top facts about Foresters Life Insurance because there is more to finacial protection than price.


We Help You Compare and Save!
For more information about Foresters Life Insurance and to get a free and confidential life insurance quote, call the professionals at Life Policy Shopper at (540) 226-8715 during normal business hours, or contact our office through our website at your convenience.


Terry Biddle is a business owner, blogger, retired Army National Guard officer and a current federal employee. He works with seniors, federal employees, and members of the military to get the most life insurance benefits at the greatest value across the full spectrum of term and permanent products from fully underwritten to no-exam and guaranteed issue. Please feel free to contact me here.




Last Updated on November 22, 2018 by lifepolicyshopper