Foresters: Forester Life Ltd

patientperson

dunstonh wrote: »

Although you may wish to review financial strength of a provider before committing to such an important piece of insurance.

Agreed but that goes without saying I would have thought.

They have £1.7 billion invested and a mere 200.000 policies.

patientperson

weighty1 wrote: »

I just been on the Foresters website. Their CIC plan covers 22-conditions, far less than most of the more well known mainstream providers and total & permanent diasbility is only offered on a daily living tasks basis.

Based on this alone I'd be surprised if their definitions for each condition were as good as or better than other providers on the market so I'd need a compelling reason to recommend them to a client.

Again .. sound comments .. I merely open up another door for planteria .. it is not advice from me. I am not an IFA.

dunstonh

patientperson wrote: »

Agreed but that goes without saying I would have thought.

They have £1.7 billion invested and a mere 200.000 policies.

Yet have a poor financial strength rating. Below that which many would consider suitable for long term provision.

planteria

you are referring to Reliance Mutual, dunstonh?
what sort of financial strength rating does Forester Life have?

planteria

where are the ratings revealed?

planteria

can anyone tell me where Insurers are Rated for Financial Strength?

anyone anything to add re Forester Life?

i am planning to do some work on this in the next few days, get some quotes, and speak to an IFA... as per this thread:

https://forums.moneysavingexpert.com/discussion/4721215