≡ Menu


Foresters Life Insurance Reviews for 2017 [Plans and Benefits]

Foresters Reviews 2016

If you are looking for Foresters life insurance reviews then you have come to the right place. Foresters is one of dozens of life insurance carriers that TermLife2Go represents. The company is currently in our list of the top ten best life insurance companies in the United States, our top ten no physical exam life insurance companies list. Obviously, we think highly of this carrier. However, with so many companies at our fingertips we only recommend Foresters in certain situations. Give us a call today for a free consultation to see what company would be the right fit for you.

2017 Review of Foresters Life Insurance Company

Notice: We are not Foresters. If you need to contact Foresters, please call or email Foresters: Toll-free: 1 800 828 1540;E-mail: Service@Foresters.com; or visit the company at foresters.com/us-en

In the following review we will cover the positives, negatives and alternatives to Foresters Life Insurance Company. Included will be a review of the Company’s rating, products offered, and unique niches filled. Is Foresters the right company for you? Maybe, maybe not.

The Positives

Foresters makes the claim that they are an international financial services provider with a purpose to champion the well-being of families. Scan the internet and you may find some negative reviews of Foresters Life Insurance Company. However, the overall theme is that most clients are more than happy with Foresters.

From the website:

More than a life insurance provider, Foresters is a fraternal benefit society which means we’re a member-governed organization with no shareholders.

What the company is attempting to get across is this: it is the customers, not the shareholders, that Foresters works for.

Foresters A.M. Best Rating

As you may have read in other Foresters Life Insurance reviews, the company is rated “A”, excellent, by A.M. Best,  the premier rating agency for life insurance companies. The rating was last affirmed August 18, 2016. This means that the company’s financial strength is excellent. You can sleep easy knowing your life insurance company is on solid financial footing.

Favorable Underwriting for “High Risk” clients

We recently had a client get approved for a Foresters life insurance policy. The client was considered a “high risk” and was having a difficult time finding cheap life insurance. He had a stent placed in 2010, was currently receiving SSI Disability benefits, and was taking Plavix, a blood thinner that most life insurance companies shy away from. But not Foresters—the company gave him a great deal on life insurance.

Good Product Line

Foresters offers term life insurance, whole life insurance, universal life insurance, final expense insurance, and accidental death insurance. The company’s product line will have something for just about everyone out there interested in getting insurance to protect the one’s they love. Let’s review one of Foresters most popular products.

PlanRight Whole Life Insurance

Probably one of the more popular products offered by Foresters is the company’s final expense policy: PlanRight Whole Life Insurance. This product is a permanent whole life policy that has a guaranteed level premium. It has a lower premium than other final expense policies. This is one of the best final expense insurance companies available. However, there are health questions and requirements that must be met. Therefore the product is not for everyone. The product comes in three flavors: Fixed, graded, and modified.

Fixed Death Benefit: the death benefit is 100% of the face value from the start.

Graded Death Benefit: there is a limited death benefit the first two years. You will receive the greater of the sum of the total premium paid accumulated with 4.5% interest or 30% of the face amount in effect for the first year and 70% in effect on the second year. After the first two years the death benefit is 100%.

Modified Death Benefit: limited death benefit the first two years based on return of premium paid plus 10%. After the first two years the death benefit is 100%. This type of modified death benefit is normally associated with burial insurance policies.

Your Term Non Medical

New as of April 22, 2017, Forester’s Your Term policy is non medical level term life insurance. A few of Your Term policy features include:

  • 10, 15, 20, 25 and 30 year terms
  • Ages 18 – 80
  • Face amounts up to $400,000
  • Convertible term life insurance
  • Accelerated death benefit rider
  • Common carrier accidental death benefit rider

Charity Benefit Provision: for no additional cost, the charity benefit pays an additional 1% of the face amount to a designated registered charitable organization.

Additional Your Term life insurance riders:

  • Waiver of Premium Rider
  • Disability Income Rider (Accident Only)
  • Disability Income Rider (Accident & Sickness)
  • Accidental Death Rider
  • Children’s Term Life Insurance Rider
LifeFirst Non Medical
(being replaced by YourTerm on April 22, 2017)

Up to $250,000 in coverage available up to age 50. Fully underwritten policies are also available for larger face amounts.

Smart UL Non Medical

Up to $250,000 in coverage available up to age 55. Policies available up to age 70 with face amounts up to $150,000.

Interest Sensitive Whole Life

Foresters uses a different vocabulary when talking about the benefits of cash value life insurance. Foresters refers to the cash value as “accumulation value.”Either way you slice it, Foresters Interest Sensitive Whole Life is a great insurance policy for those who see the benefits of having long term protection that builds cash value.

Foresters Life Insurance Rates

Please enter your info into our quote engine for Foresters life insurance quotes, as well as quotes from dozens of other carriers.


The reality is, this Foresters Life Insurance Review does not have a lot to say negative against this company. Foresters fills a unique niche and they might be the perfect company for you. Then again…

Foresters is but one company of many available

When applying for life insurance it is important to have options. Foresters is one option of many. For example, Foresters is not our go to choice for diabetic life insurance. That is why when buying life insurance you should always consider your alternatives.


Consumers seeking Foresters life insurance reviews generally are looking to make sure they are considering all of their options. The truth is Foresters is not a bad choice. However, there is no perfect life insurance company. Each company has its unique niche that it tries to fill. Choosing Foresters without seeing what other companies are available would not be wise. Therefore, it is always good to shop around for the lowest whole and term life insurance rates specific to you and your unique health profile. That is where TermLife2Go comes in.

About TermLife2Go

TermLife2go is an agency that works with dozens of top rated companies, see our list of life insurance companies. Our #1 priority is to find you the best company at the best price…for you! That means we tailor a policy specifically to you because no two clients are alike. Let us leverage our expertise for you and see if we can’t save you thousands of dollars on life insurance.

We do not favor one life insurance company over another. Instead, we find out what you need and then we recommend the lowest priced, best life insurance company to meet your specific need. Therefore, if price matters to you, give us a chance to earn your business. We are here to serve you!

For a free life insurance consultation and for free quotes from Foresters and dozens of other life insurance companies, please call us or enter your information into our quote form.

If you enjoyed our article, Foresters Life Insurance Reviews, and/or have any questions, please leave a comment below.

14 comments… add one
  • Mildred R

    Looking for quotes for my parents.

  • Debbie

    I’m looking for Insurance that would pay for all expenses for my mother when that day comes.
    After reading your Article I am leaning toward term life.
    My mother is 64 and has no pre existing conditions that I am aware of. Please send me information about the process to get coverage.

    • Debbie,

      We’d be happy to help you find coverage for your mother, but will need to you give us a call when you have a chance so we can know what information we’ll need to send out to you.



  • Looking. For quotes

    • Helene,

      No problem, just give us a call at when you have a chance and we’ll do our best to help you out.



  • Calvin Murray

    my name is Mr. Murray leaving this comment because I’m concerned about policies that I need on my son and daughter. Payment is made from my checking account at access of Louisiana Credit Union here in Lake Charles Louisiana. My phone number is 337-xxx-xxxx..

    • Calvin,

      If you already have existing policies for your children with Foresters, you’ll want to give them a call directly at 800-828-1540.

      They should be able to assist you with all of your needs.



  • Cecilia Vogt

    I don’t know if I am contacting the correct Foresters….the one I am looking for is IOF location Toronto Canada……mailing address PObox 179.
    I would like to have a rep contact me in regarding changing my beneficiaries. Phone 1-630-xxx-xxxx ….. Thank You…. a reply would be appreciated.

    • Cecilia,

      TermLife2Go is an insurance brokerage which is able to sell many different life insurance products from many different insurance companies. Which means, we help guide people to the right insurance carrier for them.


      Unfortunately we would not have access to your life insurance policy so you’ll actually need to contact Foresters Financial directly. Their US customer care number is 1-800-828-1540, we’re sure they will be able to point you in the right direction with regards to changing beneficiaries on a Canadian life insurance policy.



  • debra wade

    I have insurance come out of my bank account need to know if policy is with you

    • Debra,

      While we offer life insurance policies from Foresters, all payment and policy inquires would need to go to them directly. We here at TermLife2Go simply don’t have access to such information. Foresters Life Insurance can be reached at 800-828-1540.



  • gloria Flournoy

    I am a member alrady, in which I have my payment comes out through direct deposit, but my May payment was not taken out, and I need to know why, because I do not want to draw from this and make an overdraft. Can somone please look into this and give me a call at 813 404 3737 or email me.

    Gloria D. Flournoy

    • Gloria,

      We’re happy to hear that you’ve been approved for a life insurance policy with Foresters life insurance and we’re sure that you’ll be completely satisfied with the decision that you’ve made. That being said, it does not appear as though you applied for life insurance with Foresters through TermLife2Go which is why we’re not able to see what exactly is going on with your policy.

      This shouldn’t be an issue for you since, once a life insurance policy is put into place all payments will generally go directly to the insurance carrier themselves which in this case is why you should contact Foresters life insurance directly at:

      Toll-free: 1 800 828 1540
      E-mail: Service@Foresters.com

      You may also give us a call should you have any questions regarding your policy or would like to “double check” to make sure that you are getting the best value for your dollar. Foresters Life Insurance Company is a truly a great insurance company however there are times when they’re aren’t always the best option available. Either way we wish you the best of luck!


Leave a Comment

TermLife2Go Mission

To empower our customers through knowledge and expertise so our clients secure the best and most appropriate insurance coverage available providing peace of mind to our clients and their loved ones.

About TermLife2Go

Our licensed professionals have over two decades worth of experience and will help you choose the best life insurance company for the lowest price based on your specific needs and lifestyle. Find out more about us here.