First Investors Life
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UPDATED: Aug 20, 2020
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Company History: First Investors was founded in 1930 and incorporated as a stock life insurance company in 1962. This year, First Investors Opportunity Fund has won the Lipper Fund Award for Best Mid-Cap Core Fund over Three-Year Period. Barron’s has recognized First Investors Funds as one of the Top 10 Mutual Fund Families in 2013.
Principle Sales Methods: Career agents and independent brokers and financial advisors. First Investors employs over 550 financial service representatives.
Life Annuity Business: First Investors Life sells Variable, Whole, Term, single premium variable, universal, survivorship, and non-medical final expense insurance. The company also offers fixed, variable, and immediate annuities. Variable Universal Life, Single Pay Longevity Annuity and Limited Duration High Quality Bond Fund were all launched this year.