According to reports, the strategic partnership allows Allstate’s exclusive agents and Personal Financial Representatives to offer a wider range of life insurance products to clients.
The expanded portfolio includes three fully underwritten options and four non-medical choices, such as whole life, guaranteed rate universal life, and term life insurance. Foresters Financial’s coverage is now available across all U.S. states, with the exception of New York.
Mark Rush, Vice President, and Chief Distribution Officer at Foresters Financial US, said: “We’re incredibly proud to join forces with such a storied and reputable brand as Allstate to offer our life insurance solutions to a new audience. We’re excited to combine Foresters holistic approach to life and well-being with Allstate’s robust distribution capabilities and expertise to meet growing demand and help more families attain the protection they need.”
Scott Delaney, Vice President at Allstate Financial Services, added: “Collaborating with Foresters allows us to bring modern life insurance solutions directly to our customers. We’re thrilled to enhance our offerings and empower our exclusive agents and Personal Financial Representatives with the best tools to help customers achieve their financial and life goals.”
