Secured with SHA-256 Encryption
Select Page

Foresters Financial Final Expense Insurance Review & Complaints: Life & Retirement Insurance

Foresters Financial Final Expense specializes in life insurance and retirement policies. Find affordable Foresters Financial Final Expense insurance by comparing rates online. Our Foresters Financial Final Expense review finds the company to be reputable with an A+ rating from the Better Business Bureau.

FREE Insurance Comparison

Compare quotes from the top insurance companies and save!

Secured with SHA-256 Encryption

Eric Stauffer is a former insurance agent and banker turned consumer advocate. His priority is to help educate individuals and families about the different types of insurance they need, and assist them in finding the best...

Full Bio →

Written by

UPDATED: Sep 16, 2020

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We partner with top insurance providers. This doesn't influence our content. Our opinions are our own.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.

Foresters Financial
Financial Strength

Foresters Financial is a venerable company with a focus on life insurance and retirement planning products. They are an international company serving members in three countries, with final expense insurance among their products.

About Foresters Financial Final Expense

Foresters Financial was founded in 1847 with the goal of making life insurance accessible to working class people. The company was created by a Native Canadian doctor with a forward-thinking approach that included admitting women as members and providing orphan benefits to members.

Foresters today operates in Canada, the U.S., and the U.K. and provides financial services and retirement planning in addition to life insurance. They operate as a membership-based fraternal society. Benefits to members include access to a scholarship program, community grants, and more.

Among the various life insurance options available is a final expense insurance policy. The company’s headquarters is located in Toronto, Ontario, Canada, with U.S. headquarters in Edison, New Jersey.

Products are sold through independent agents. Our full review of this company can be found here.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Foresters Final Expense Product

Foresters have one final expense insurance policy available, called PlanRight Whole Life.

The plan provides guaranteed level premiums on a permanent policy, up to age 121. The site does not list issue ages, nor is there information on the death benefit amounts available.

The plan automatically includes a Common Carrier Accidental Death Benefit, which will pay out additional benefits if the insured dies as the result of an accident on a bus, plane, or other common carriers. A full accidental death benefit can be added to the policy as an endorsement.

Like all whole life insurance plans, PlanRight includes a cash accumulation account that can be withdrawn and used as needed.

The details about this plan are not available on the website, which directs visitors to contact an agent for more information. That is not surprising given the nature of the company; as a membership-based society, those interested will need to consider all of the aspects of joining before selecting this company for life insurance.


Rate information is not available nor is online quoting for this company. Again, that comes as no surprise since they are a fraternal society and operate through agents.

Societies like this sometimes have a membership fee, but we were unable to find any evidence that there is one here. To become a member, it appears that the only requirement is to take out a life insurance policy and keep it in force.


The claims line for Foresters is available toll-free during business hours, which are listed as Monday through Friday from 8:00 a.m. to 6:00 p.m. Eastern time.

There does not appear to be an online claims system, but forms can be downloaded along with the instructions for submitting them to the company for processing. The process starts by entering the policy number or member number, which will then provide direction to the appropriate claim form.

There is no further information given on the claims process, which is fairly standard for a life insurance company. The company can be contacted with any questions about the process using the claims or customer service line.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Ratings and Consumer Reviews

Foresters Financial has an A+ rating with the Better Business Bureau (BBB), where there are 6 complaints on file in the past three years. There are five reviews, one of which is positive and the rest negative. Complaints mainly involved billing issues.

We were unable to find much else on this company and nothing that directly relates to final expense insurance. A lack of reviews is usually a positive thing for an insurance company because it indicates a lack of complaints worthy of posting publicly.

The Bottom Line

Foresters have a long history that appears to be stable and reputable. They might be a good choice for those that are interested in the benefits of a fraternal society. Without rates or detailed policy information, however, it is difficult to say how their final expense insurance stacks up.

Review Date
Foresters Financial Final Expense
Author Rating

About Eric Stauffer

Author: Eric StaufferI am a former insurance agent and banker turned consumer advocate. My priority is to help educate individuals and families about the different types of insurance they need, and assist them in finding the best place to get it.

Leave a Rating

Your email address will not be published. Required fields are marked *