Become a member is mean you purchase a life insurance from Foresters. 

A good life insurance agent will be able and willing to help you with each of these shopping steps.

Essentially, a life insurance policy is a legal agreement between the insured (customer) and the insurance company (Foresters Financial) that specifies payment of a predetermined benefit amount upon death, subject to the terms of the insurance contract. For who wants to protect survivors or dependents against financial hardship if they die. For example, if your family were to have trouble getting by without your salary, a life insurance policy can provide funds that potentially helps them continue living their lives.

When you buy life insurance, you want a policy which fits your needs without costing too much. Your first step is to decide how much you need, how much you can afford to pay and the kind of policy you want. Your insurance should come as close as you can afford to make up the difference between what your dependents would have. The kind of life insurance you purchase is dependent on the need you are trying to satisfy. There are three basic kinds of life insurance: 
Term insurance is death protection for a “term” of one or more years. Death benefits will be paid only if you die within that term of years. Term insurance generally provides the largest immediate death protection for your premium dollar. Some term insurance policies are “renewable” for one or more additional terms even if your health has changed. 

Whole life insurance gives death protection for as long as you live. The most common type is called “straight life” or “ordinary life” insurance, for which you pay the same premiums for as long as you live. A policy with cash values may also be used as collateral for a loan. If you borrow from the life insurance company, the rate of interest is shown in your policy. 

Endowment insurance policy pays a sum or income to you—the policyholder—if you live to a certain age. If you were to die before then, the death benefit would be paid to your beneficiary. Premiums and cash values for endowment insurance are higher than for the same amount of whole life insurance. Thus endowment insurance gives you the least amount of death protection for your premium dollar.

You can find important differences in the cost of life insurance by using the life insurance cost indexes. Cost indexes use one or more of these factors to give you a convenient way to compare relative costs of similar policies. In order to compare the cost of policies, you need to look at Premiums, Cash values and Dividends. When you compare costs, an adjustment must be made to take into account that money is paid and received at different times. It is not enough to just add up the premiums you will pay and to subtract the cash values and dividends you expect to get back. These indexes take care of the arithmetic for you. Instead of having to add, subtract, multiply and divide many numbers yourself, you just compare the index numbers which you can get from life insurance agents and companies: 

1. LIFE INSURANCE SURRENDER COST INDEX — This index is useful if you consider the level of the cash values to be of primary importance to you. It helps you compare costs if at some future point in time, such as 10 or 20 years, you were to surrender the policy and take its cash value. 
2. LIFE INSURANCE NET PAYMENT COST INDEX — This index is useful if your main concern is the benefits that are to be paid at your death and if the level of cash values is of secondary importance to you. It helps you compare costs at some future point in time, such as 10 or 20 years, if you continue paying premiums on your policy and do not take its cash value. 
There is another number called the Equivalent Level Annual Dividend. It shows the part dividends play in determining the cost index of a participating policy. Adding a policy’s Equivalent Level Annual Dividend to its cost index allows you to compare total costs of similar policies before deducting dividends. 

Foresters will consider Non-US Citizens between the ages of 18 (actual age) and 70 for all products. After Foresters Insurance Agent's guidance and take the U.S. Immigration Questionnaire and submit to Foresters Insurance Agent, you have opportunity to contract with Foresters and become a member of Foresters. 

Financial Strength Rating (FSR) of Foresters is rated A and Issuer Credit Rating (ICR) of Foresters is rated a+ by Insurance Company rating company A. M. Best on September 6, 2024.