forethought life insurance

Forethought offers only two types of life insurance: indexed universal life insurance and pre-need life insurance. These policies have the benefit of providing income-free death benefits and are indexed to popular stock indexes, such as the S&P 500. In addition to income-free death benefits, all Forethought policies offer guaranteed death benefit periods, which are offered in the Lifetime Foundation ELITE plan. After this mandatory period, rates begin to increase.


Forethought Life Insurance Company began in 1985 as a subsidiary of Hillenbrand Industries. The company’s primary focus was providing pre-need life insurance for funeral expenses. In 2004, the company became an independent operation and expanded its product offerings. By 2006, Forethought added fixed annuities, which allow consumers to save for retirement and receive guaranteed lifetime income. The company has more than 40 years of experience in the industry and has nine offices nationwide.

In 2014, Forethought was purchased by Global Atlantic Financial Group, which is a well-known holding company with a $50 billion portfolio. The company has a high customer satisfaction rating from A.M. Best, the fourth highest rated company among the sixteen largest insurers. Although the company is not accredited by the Better Business Bureau, it has an A+ grade from the Bureau and has closed a total of four customer complaints through the BBB.

While Forethought offers a wide variety of life insurance policies, the company does not offer term life, whole life, or universal policies. The policy limits, however, are not publicly disclosed. If you are interested in purchasing a life insurance policy, it’s best to research the company before choosing the plan. The best life insurance companies have solid financial health, and they also have a strong reputation in paying out claims.

The payout options offered by Forethought are varied. The variable index annuity has the highest growth potential and has the highest number of investment options. The company also offers options with no caps on earnings. These products can provide significant returns when the market is favorable. However, if you don’t have enough time to analyze the market and find the right investment, you may want to consider the risk-reward ratio. If you don’t feel comfortable with a fixed annuity, consider a variable index annuity.

If you are worried about your health, you can also consider a preneed policy. This will pay for funeral and related expenses if you die, even if you don’t have a plan in place yet. Funerals can cost as much as $10,000. A Forethought TrustGuard Gold plan can help relieve that burden. The benefits of a preneed policy are that it helps the family deal with the financial burden of a loved one’s death.

ForeIncome II fixed indexed annuity

The Forethought ForeIncomeII fixed indexed annuity is an investment product for people between 45 and 85 years old. It offers a guaranteed fixed-rate period of five, seven, or ten years. The Forethought ForeIncomeII fixed indexed annuity will multiply interest credits if you choose to delay the withdrawal of your withdrawals.

The Forethought ForeIncomeII fixed indexed annuity is issued by the Forethought Life Insurance Company. The ForeIncome II fixed indexed annuity is issued with contract FA1801SPDA-01. It has seven-year surrender charge duration. Forethought ForeIncomeII is a recommended product for investors who wish to leverage the power of fixed index annuities. This investment product offers maximum premium amounts of $1 million.

The Forethought ForeIncome I fixed indexed annuity is linked to the S&P 500 index. However, unlike the SPDJI, the Forethought ForeIncome II Fixed Index Annuity does not have an obligation to track or predict the performance of the S&P 500 Index. While the S&P 500 Index is used for benchmarking purposes, this index is not a guarantee of future investment results.

The Forethought ForeIncome 7 Year fixed indexed annuity is one of the few annuities that can guarantee a lifetime income stream. You may find that it falls short of your retirement goals, but it does provide the safety of your principal. If you are a good mathematician, you can use this forethought ForeIncome annuity as a backup option for your financial goals.

The ForeInvestors Choice B-Share contract offers more than 100 investment options. Choose between small-, mid-cap, and multi-cap equity. You can also invest in commodities. Earnings Protection Death Benefit is another benefit offered by Forethought ForeIncome II fixed indexed annuity. This feature increases the payout of the death benefit in case you die prematurely.

While fixed index annuities offer guaranteed returns, it may be difficult to understand the complex terms of these products. It is highly recommended that you consult a financial advisor before making a decision. A financial advisor will be able to give you more information on fixed indexed annuities. These investments may be a good option for your retirement. And if you want to maximize your return on an investment, you should invest in a fixed indexed annuity.

ForeIncome II guaranteed fixed-rate period

ForeIncome II fixed index annuity is an investment vehicle offered by Forethought Life Insurance Company. It has rider forms FA4101-01, FA4106-01, and FA4111-01. Unlike fixed-rate period life insurance, this product does not require annual premiums. It provides a guaranteed income stream for the life of the policyholder and is available in both non-qualified and qualified plans. This type of life insurance is typically used as a retirement income stream by retirees.

Forethought’s ForeIncome II guaranteed fixed-index annuity has a minimum investment of $25,000 and a five-, seven-, or ten-year guaranteed fixed-rate period. The indexed account follows the performance of an index. It has a Guaranteed Income Builder Benefit that increases your withdrawal base by an average of 8% every year, even during down market periods.

ForeIncome II guaranteed income builder

ForeIncome II is a fixed index annuity issued by Forethought Life Insurance Company. It features fixed rates for five, seven, or ten years and three optional rider forms: FA4101, FA4106, and FA4116. The fixed index annuity is designed to protect the investor from down-market losses. The guaranteed income builder benefit allows the investor to defer taking withdrawals until the age of 85, or when the client decides to take it early.

The Brighthouse Guaranteed Income Builder deferred income annuity offers a guaranteed lifetime income payment and may supplement other retirement income sources. It also features additional benefits and features. While this product is guaranteed for life, it does not offer investment advice. The Brighthouse Guaranteed Income Builder is not sold in New York. The financial strength of the issuing insurance company may affect the policy’s terms and premiums.

ForeIncome II guaranteed income builders are an option for investors who want a lifetime income stream. The plan protects principal and offers a lifetime income stream, but may not meet your retirement goals. The company’s 7-year fixed indexed annuity has both a lifetime income stream and an opportunity for growth. It can also provide a fixed income stream for a specific period or your entire lifetime.

The ForeIncome II guaranteed income builders feature a death benefit and a withdrawal benefit based on the age at which the income kicks in. The income builder features a death benefit and premiums that can be withdrawn annually for tax-deferred growth. While some people are skeptical of guaranteed income builder life insurance, many find it a good investment. It offers an excellent rate compared to CDs and other investment options.