7 Financial Representatives from Foresters submitted salaries.
Foresters is a brand of lifestyle protection products associated with a fraternal organization called the Independent Order of Foresters. The Independent Order of Foresters is a nonprofit, membership-based organization. The Forester family of companies includes Foresters Life (Canada), the First Investors Family of Companies (U.S.), Foresters Equity Services (U.S.) and Forester Life Ltd (UK).
Foresters offers five different types of insurance products: term life insurance, permanent life insurance, universal life insurance, critical illness insurance and pre-need products that help members plan ahead for funerals. In 2010, Foresters provided insurance services to approximately 675,000 members and held assets in excess of 1.4 billion Canadian dollars.
The Independent Order of Foresters was founded in 1874 by Dr. Oronhyatekha, the first Native American to practice western-style medicine in Canada. One of the objectives of the organization was to make certain types of insurance available to families that might otherwise be unable to afford them.
The Forester product line is distributed through dedicated agents associated with its family of companies throughout Canada, the U.S. and the UK. Agents operate on partial commission. Employees working at the corporate level describe a pay scale that is lower than the industry average, though with good benefits.
Business Development Officer is the highest paying job at Foresters at $110,000 annually.
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