Foresters Financial expands its Accidental Death Term Insurance to six more states

Accidents are the fourth leading cause of death overall in the United States^[1] 

TORONTO, Dec. 6, 2022 /PRNewswire/ - Foresters Financial™(Foresters), the fraternal life insurer that's boldly redefining the life insurance industry through innovation, purpose, and wellness, today announces the US^[2] expansion of its Prepared II Accidental Death Term Insurance, ^[3] focused on the needs of underserved everyday families. It represents a new take on Foresters previous Accidental Death Term Insurance product, ^[4] with more coverage and a simple application and decisioning process. Now it is also available in six more states including Arkansas, California, North Dakota, New Jersey, New Mexico and Oregon.

Prepared II provides affordable, simplified-issue^[5] Accidental Death Term Insurance available from issue age 18 to 70,^[6] with coverage up to $500,000 and level premiums to age 80. It also offers up to three optional riders - Waiver of Premium Rider (Accident Only), Disability Income Rider (Accident Only), and Return of Premium Rider.

Prepared II may be of particular interest to those currently undecided on traditional life insurance, but who are seeking the benefits of protection. Foresters insureds are also members with access to our suite of benefits focused on enriching the lives of families and their communities.

"Foresters Prepared II Accidental Death Term Insurance is simple and affordable protection that may help secure your family's financial future in case of an unexpected circumstance, and we are pleased to offer this product in six more states and for the first time in New Jersey," said JS Ledoux, Head of Product Management. "You can't predict when an accident will happen, but you can be prepared. With accidental death protection up to $500,000, Prepared II can help shield those you love from the financial hardships caused by a death from an accident."

Foresters goal is to develop innovative member benefits, products, and service offerings that promote a lifetime of well-being, and align with Foresters fraternal purpose to enrich the lives of families and their communities. That's life insurance with a larger purpose. 

Bringing a better, new normal to everyday North American families, Foresters offers a suite of unique member benefits and is redefining the conventional life insurance model. Member benefits^[7] include opportunities for scholarships, orphan benefits, community volunteer grants, document preparation service to prepare wills, Lifelong Learning, MemberDeals, and more.

Foresters Financial is redefining the life insurance and individual savings industry across the U.S., Canada, and UK by enriching the lives, communities, and overall well-being of its members. Agents and members alike appreciate the turnkey-decisioned product offerings and end-to-end digitized sales processes that make it easy to get life insurance without traditional medical exams. State-of-the-art mobile tools help agents deliver tailored insurance protection to members. Dedicated to its members' well-being, Foresters offers a suite of member benefits and is redefining the conventional life insurance model, bringing improved financial security and overall wellness to everyday North American families. Foresters joined forces with Canada Protection Plan in 2020 to add being a leading life insurance distributor to its Canadian business. Foresters Financial is the trade name for The Independent Order of Foresters, the oldest non-denominational fraternal benefit society. For 21 straight years, The Independent Order of Foresters has received an "A" (Excellent) rating from A.M. Best. ^[8]

For information purposes only.

Foresters Financial, Foresters and Helping Is Who We Are, are trade names and/or trademarks of The Independent Order of Foresters (a fraternal benefit society, 789 Don Mills Road, Toronto, ON, Canada M3C 1T9) and its subsidiaries. 

Underwritten by The Independent Order of Foresters.

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SOURCE The Independent Order of Foresters