09.13.24
Allstate Financial Services, Foresters Financial in Partnership to Enhance Life Offerings
by: Terrance Dopp
Foresters Financial has been selected by Allstate Financial Services LLC as a U.S. life insurance provider, the two companies said in a statement. Under the deal, Allstate exclusive agents and personal finance representatives now offer a suite of Foresters products with three fully underwritten and four non-medical options such as whole life, guaranteed rate universal life and term life products. Allstate Financial Services offers life insurance issued by third-party companies that are not affiliated with Allstate and product guarantees are backed by the issuing company, the statement said. Scott Delaney, vice president at Allstate Financial Services, said that the collaboration will allow it to "bring modern life insurance solutions directly to our customers."
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