NEW YORK--(BUSINESS WIRE)--First Investors Life Insurance Company has been named to the 2014 Ward’s 50® group of top-performing companies. This is the fifth consecutive year that First Investors Life has been included among the top 50 life insurance companies by The Ward Group.
“We are honored to have been recognized by the Ward Group for five years in a row,” says Carol Springsteen, President of First Investors Life. “I am proud of the FIL organization for earning this industry recognition. We have worked hard to maintain the Company’s financial strength and security, with a focus on providing outstanding customer service to our clients and representatives each and every day.”
To develop its annual list of the top 50 performing insurance companies, Ward Group analyzes the performance of over 3,000 property-casualty insurance companies and nearly 800 life-health insurance companies domiciled in the United States and identifies the top performers based on objective data and subjective quality measures. Each Ward’s 50 company has passed all safety and consistency screens and achieved superior performance over the five years analyzed.
“First Investors Life Insurance Company is recognized for achieving outstanding financial results in the areas of safety, consistency and performance over a five-year period,” says Jeff Rieder, partner and head of the Cincinnati-Ohio based Ward Group.
Ward Group, a McLagan/Aon Hewitt company, is the leading provider of benchmarking and best practices studies for insurance companies. The firm analyzes staff levels, compensation, expenses and business practices for all areas of insurance company operations and helps companies to measure results, optimize performance and improve profitability. This is the 24th consecutive year Ward Group has conducted the analysis.
Life insurance policies are offered by First Investors Life Insurance Company and distributed by First Investors Corporation; each is a wholly owned subsidiary of First Investors Consolidated Corporation (“FICC”).
Insurance policies contain certain exclusions, limitations and other terms for keeping them in force. For complete costs and details, see your Representative. Policy guarantees apply only to certain insurance features and are subject to the claims-paying ability and financial strength of First Investors Life.
Variable life insurance policies are offered by prospectus only. For more information about First Investors Life variable life insurance policies, you may obtain a free prospectus by contacting your Representative or calling (800) 832-7783. The prospectus contains information about a policy’s features, risks, charges and expenses, and the investment objective and risks of the underlying investment subaccounts as well as other information about the variable life policy. Consider this information, and read the prospectus carefully before you invest or send money. Policy availability and features may vary by state. The purchase of a variable life insurance policy is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) or any other government agency.
Neither First Investors Life Insurance Company nor its affiliates provide legal, tax or estate planning services. Should you require such services, you should consult a legal, tax or estate planning professional.
Foresters™ is the trade name and a trademark of The Independent Order of Foresters (“Foresters”), a fraternal benefit society, 789 Don Mills Road, Toronto, Canada M3C 1T9. Its subsidiary, First Investors Consolidated Corporation (“First Investors”), is licensed to use this mark. First Investors Corporation and First Investors Life Insurance Company are subsidiaries of First Investors Consolidated Corporation. All securities products are offered through First Investors Corporation.
First Investors Corporation
First Investors Life Insurance Company
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