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Foresters Financial
Work Here?
Life insurance distributor with digital tools
Foresters Financial
Work Here?
Life insurance distributor with digital tools
Overview
Foresters Financial provides life insurance and individual savings products across the U.S., Canada, and the UK, offered through a fraternal benefit society. It uses end-to-end digitized processes and turnkey-decisioned product options that let people obtain life insurance without traditional medical exams, supported by mobile tools that help agents tailor plans for members. The company also offers a suite of member benefits focused on well-being and community support, differentiating itself with member-centric services and a long-standing rating of A (Excellent) from A.M. Best for 23 straight years. After merging with Canada Protection Plan, it became a leading life insurance distributor in Canada. Its goal is to improve financial security and overall wellness for everyday North American families while redefining how life insurance is distributed and valued.
About Foresters Financial
Industries
Financial Services
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Toronto, Canada
Founded
1874
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Simplify's Take
What believers are saying
- May 2026 annual results showed strong financial performance and $2.3 billion surplus.
- Foresters maintained a 6.25% Canadian dividend scale rate for 2026-2027.
- Scholarship funding rose in 2026, reinforcing member loyalty and producer marketing appeal.
What critics are saying
- Hill v. Foresters Financial Services hit Texas federal court in May 2026 over TCPA.
- Life insurance claim-denial disputes keep surfacing, pressuring brand trust and underwriting discipline.
- If digital distribution stalls, Foresters stays a niche fraternal insurer beside larger carriers.
What makes Foresters Financial unique
- Foresters combines 150-year mutual heritage with an A.M. Best A rating.
- Its 2026 underwriting expansion opens $2 million cases and broader smoker eligibility.
- Live Well Plus and iPipeline tools create a faster, fully digital sales journey.
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Benefits
Remote Work Options
Hybrid Work Options
Flexible Work Hours
Paid Vacation
Paid Holidays
Wellness Program
Mental Health Support
Conference Attendance Budget
Professional Development Budget
401(k) Retirement Plan
401(k) Company Match
Family Planning Benefits
Fertility Treatment Support
Stock Options
Company Equity
Phone/Internet Stipend
Home Office Stipend
Company News
Foresters Financial has expanded its Accelerated Underwriting programme in the US, raising face amount limits to $2 million for ages 18 to 60 and $1 million for ages 61 to 65. The enhanced programme, effective 26 April 2026, broadens eligibility to include smokers and those taking hypertension or cholesterol medications. The updates introduce a pre-screen checklist on iPipeline iGO e-App, allowing producers to quickly identify potential eligibility before submission. The programme applies across all medically underwritten Foresters products, including Your Term, Advantage Plus II and SMART UL. The expansion coincides with Paul Greene's appointment as Chief Underwriter. For over 150 years, Foresters has provided life insurance whilst maintaining an "A" rating from A.M. Best for 25 consecutive years.
The remainder of the tournament is now single elimination and the Foresters need three victories to capture their 11th NBC World Series Championship.
(Toronto, ON, July 7, 2025) - Foresters Financial introduces Foresters Live Well Plus, a new participating whole life insurance product available through a new innovative single-session digital journey.
Number of scholarships across Canada and the US increases to 400. TORONTO, March 4, 2025 /PRNewswire/ - Foresters Financial™ (Foresters), the global life insurer that empowers its members to do more of the good they want to do, announced that it has launched the 2025-2026 academic year Competitive Scholarship1. Foresters Competitive Scholarship benefit offers members and their families the chance to apply for scholarships that support outstanding academic goals and community engagement. Applications are now open for both new and returning candidates, starting December 5, 2024, and closing April 30, 2025
Foresters financial joins forces with Finseca to protect and strengthen financial security for American families.
Foresters Financial is Hiring for 24 Jobs on Simplify!
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About Foresters Financial
Industries
Financial Services
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Toronto, Canada
Founded
1874
Foresters Financial is Hiring for 24 Jobs on Simplify!
Find jobs on Simplify and start your career today