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NewswireTODAY - /newswire/ -
Clearwater, FL, United States, 2010/11/02 - The AmeriLife Product Development Division, an innovative, senior-focused, annuity, Medicare Supplement and life insurance marketing company announces strategic coalition with Forethought Life Insurance Company.
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AmeriLife’s Product Development Division has partnered with Forethought Life Insurance Company (“Forethought”) in the launching of Forethought® Medicare Supplement Plans. As of October 15, 2010, these new plans were made available in a select number of states. Forethought will offer Medicare Supplement Plans A, C,F, G, and N along with Medicare Select Plans A, C, F, G, and N.
“We are proud to partner with Forethought as a highly‐rated insurance carrier and major player in the final expense and annuity markets,” states Dave Rich, AmeriLife’s Chief Marketing and Product Officer. “The AmeriLife Product Development and Forethought alliance is consistent with AmeriLife’s successful, strategic model for expansion. With the nation’s Baby Boomers heading for retirement, the demand for creative retirement options and healthcare products will continue to grow. We believe with Forethought’s annuities, final expense and new Medicare Supplements; seniors will have a full complement of products to insure financial stability.”
“In combining the applications for Medicare Supplement and our ForeLifeSM Life Insurance, we have created a greatly simplified process for delivering complementary benefits to our customers,” said Art Pickering, Chief Marketing Officer for Forethought Life Insurance Company. “Medicare Supplement reduces the risk of unpredictable medical expenses for the insured, and ForeLife protects the family against the financial burden of loss. This convenient packaging of coverage is a reflection of our commitment to providing innovative financial solutions for the markets we serve,” said Pickering.
Where available, clients can apply for coverage using separate applications, or use of the new Med Supp and ForeLife Life Insurance Combo application. Forethought will utilize American Insurance Administrators, LLC a nationally‐licensed, Third Party Administrator.
About Forethought Life Insurance Company
With assets in excess of $4.7 billion, more than $1.1 billion in annual revenue, $4.9 billion of life insurance protection in force, more than two million policyholders, and a 25-year history of quality, service and reliability, Forethought (forethought.com) is a preeminent leader in the delivery of high-value insurance and financial services across the U.S. For more information, please visit the Forethought Financial Group .
About AmeriLife Product Development
Headquartered in Clearwater, Florida, AmeriLife’s Product Development Division (amerilife.com) has been successful in blending product design, benefits, underwriting and profitability since 1973. The company is the largest annuity, life and health insurance marketing organization focused on the senior market in the United States, and distributes products customized for mature Americans through a network of more nationwide sales representatives.
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