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Business Profile

Investment Management

Foresters Financial Holding Company, Inc.

Headquarters

This business is NOT BBB Accredited.

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16 Customer Reviews

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  • Margaret B

    03/12/2025

    Foresters Financial is a scam company for real!!!! They approached me in February 2024, promising me whole life insurance for disability, cash out benefits, hospital stay, long term disability and more. After one year I asked them to read out loud what they have in their policy for me, it was a total different thing, talking about natural disaster coverage (which in my 40 years in **** never happens), which I will never have thought about to include in my policy. Everything I asked and was sent to me to look before signing up never surfaced in their writing. This makes me to conclude that they are actual scammers. I have cancelled it after they have taken over $2k from my account.

  • Raymond Y

    12/29/2024

    THEY STINK...FORESTERS FINANCIAL IF ANYONE IS THINKING OF DOING BUSINESS WITH THE ABOVE COMPANY..PLEASE THINK AGAIN.I HAVE BEEN WITH THEM SINCE 1987 AND WOULD RECEIVE A GREAT INTEREST RATE. UNFORTUNATLY THE FORESTERS TAKE NEARLY ALL OF IT. I CANT TELL YOU HOW MUCH MONEY THEY HAVE TAKEN FROM **. I RECEIVE BUT A FRACTION OF THE INTEREST I HAVE EARNED.SINCE MY LAST CONTACT, IN DECEMBER 2024, THEY WERE TO SEND MY ANNUAL STATEMENT, THAT WAS SENT ON THE 7TH OF DEC., SUPPOSEDLY, AND HERE IT IS THE 29TH OF DECEMBER AND STILL NOTHING! I HAVE GONE TO THE OHIO STATE ATTORNEY GENERAL AND THEY HAVE DONE NOTHING TO HELP ME. DON'T BE SUCKERED IN BY ALL OF THEIR TALK.....THEY ARE THIEVES!!!

  • Alyssa V

    09/24/2024

    This place is a f****** scam. My dad is now in a living facility and we, his daughters, were simply trying to move his payment to another account (with the same bank) and the lady, ********, kept telling us the routing numbers were not matching up and we'd have to fill out a form even though we were staring at the accounts and they perfectly matched. They spun us around in circles mutliple times and it's so obvious they were a scam and took advantage of my poor father. If I could leave it no stars, I would. If I could have that company cancelled, I would.

  • Donald P

    09/16/2024

    They are a scam ********* NOT BUY ANYTHING from them.I purchase a Tern Life Insurance policy from them approximately 5 years ago and have paid on time.I still have no access to my policy and have called till I'm blue in the face, with excuse after excuse on why I can't get access.I ********* NOT PURCHASE ANYTHING FROM THEM.

  • Teena A

    08/27/2024

    My father-in-law paid on his life insurance policy for 40 years. This amounted to over ****** for a ****** policy. In September it was canceled due to an increase of premium. The notification was sent to the old address even though they have the correct address. Now they are refusing to pay out on his policy. He was a veteran that spent the last 5 years bedridden and this is how they treated him.

  • BRIAN P.

    07/25/2024

    Outed by more then $1500.00+ $22.00 refund, scam... LOOK-OUT! They refuse to give back even the Full last payment they took put when it took them a month to do the papers to close the policy

  • Melissa C

    06/13/2024

    I would give them a 0 stars if i could. On May 1st they received all of the information needed, and they told me 15 days to issue the check. On may 27th i got a notification that it was getting delivered that day. Called june 3rd and they told me that it hasnt been 14 days yet, called back and then after hesitation i finally convinced her to cancel the check. Still waiting 45 days later for a check and now in debt. I lost my mom and now about to lose everything else and still no results.

  • Christopher L

    05/24/2024

    Very slow customer service. I submitted ***** of ******** forms on May 16, 2024 and 5/23/2024. All I needed was to have Foresters let me know the dollar amount of the current premium due so that I may pay the premium for my aged relatives in Assisted Living. Despite having all documents in hand for at least eight days, **************** still will not tell me the amount due. In fact, my most recent phone call between 11:00 am and 11:15 was frustrating as ****, and the representative hung up on me. This is terrible customer service. I don't recommend *********** as an insurance company to anyone.

  • Shanae B

    05/13/2024

    This business is so full of Sh** Im annoyed at the fact they keep talking money out my account with out being authorized . Then they falsely closed my daughter account for no reason then take 30 days to reinstate it they then dont have online access to you kids accounts so you cant see what you are paying ! They always lien to you about fixing your account ! The list goes on every year since I had this company Im dealing with the same bs do not recommend Im tired of this ! This has to do with being covers for in case of a death and nothing is right they mixed my kids socials up all that a mess

  • Joseph F

    03/08/2024

    I had a term policy that i paid through the term. They automatically renewed for 5 times the regular amount without telling me. they say that is the way they do business. I assumed term policy meant term policy. They signed me up for another term without notification.

Customer Review Rating

1/5

Average of 16 Customer Reviews

Contact Information

40 Wall Street

10th Floor

New York, NY 10005-1343

Visit Website
(800) 423-4026

BBB Rating & Accreditation

D-

This business is not BBB Accredited

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Years in Business: 95

Customer Reviews are not used in the calculation of BBB Rating

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