PissedConsumer.com strives to provide consumers with the right information to make informed purchasing decisions. Our website collected and compiled various consumer reviews about Foresters Financial and New York Life Insurance as well as customer ratings and recommendations for these brands. Each brand score is calculated based on set of relevant criteria and displays company performance over time.

Foresters Financial
New York Life Insurance

Foresters Financial and New York Life Insurance Overview

Total reviews
104
55
Company responses
0
0
Issues resolved
0
0

Foresters Financial and New York Life Insurance Consumer Ratings

Rank
302 out of 1844 in Financial Services category
80 out of 1059 in Insurance category
Reliability
173 in category
52 in category
Customer service
226 in category
73 in category
Product or Service Quality
189 in category
44 in category
Price Affordability
176 in category
70 in category

Foresters Financial and New York Life Insurance Rating Details

Reliability
1.4 (44 reviews)
1.8 (22 reviews)
Reviewer's quote

I need to have an agent call me and set up an appointment to change my policy please call me I keep asking you folks and no one Gets back to me if I dont answer they can leave me a message and I will get back to them. 413-800-2217

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All one gets is a runaround the country with different call centers and promises to resolve a problem but no resolutions. The company like most is not really in the insurance business.. it's a financial institution like a commercial lending bank Insurance is just a vehicle to produce a revenue...

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Customer service
1.3 (42 reviews)
1.7 (23 reviews)
Reviewer's quote

...As I sit here and type I have been on hold with their customer service department for 27 minutes and counting. This is also nothing new, as they have the WORST customer service I have ever dealt with..

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Without a broker, your insurance may be cheaper, but with one you are supposed to be able to avoid the insurmountable wall of customer service hotline *** and be educated by your broker what a process entails and what you will be financially responsible for. That was a mouthfull, and I don't feel...

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Product or Service Quality
1.5 (41 reviews)
2.1 (20 reviews)
Reviewer's quote

I’m an agent with foresters their customer service people are very rude and you are on hold forever and when foresters make a mistake they never claim it for example I called in to get the correct procedure for this app I wrote did everything I was told to do then I get emails saying I did it wrong...

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...This was just a very bad product. I blame myself partially for not being more diligent...

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Price Affordability
1.7 (40 reviews)
2.4 (17 reviews)
Reviewer's quote

We invested for our some over a period of 12 years and ended up getting less back then if we had just put our money in the bank!! Avoid investing in this company they are all wind and ***

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I am over 60 and sought financial guidance when I was laid off. New York Life insurance was promoted by AARP, so I went with them. I was sold a life annuity policy without being told full details, although I mentioned I would probably be moving out of state eventually. She told me 'don't worry,...

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Foresters Financial and New York Life Insurance Pros and Cons

Pros
No votes
  • Professional
  • Life insurance plan
  • Income opportunity
Cons
  • Customer service
  • Being ripped off
  • Refund policies
  • Very poor customer service
  • Poor attitude
  • Fallacious advice from a completely uninformed staff

Foresters Financial and New York Life Insurance Most Positive Reviews

Top rated reviews
5

We have a Policy with Foresters.
I am happy with the policy and my agent who has been helpful, answers questions and s...

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5

I've been an advisor with NYA Life for years. In ANY company you can find unscrupulous people or something someone will...

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5

Young agent in upper to mid 20's said that he could combine 3 whole life insurances for a lower price that i then had....

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5

First of All, I have been with NYL for 14 years and cannot be more proud to be with a company that supports its agents....

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Foresters Financial and New York Life Insurance Most Critical Reviews

Lowest rated reviews
1

It all started when my grandmother purchased a policy through Forester Insurance and they had been pulling her premium...

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1

Waste of time, ripoff, they push the catholic church on new recruits, require professional licenses and then refuse to t...

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1

My policy from the 1950's is paid up due to father's death. My policy says that it will provide me with a cottage when...

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1

NY life is the most sorry company have ever dealt with. Sibling purchased long term care and sent in claim 6 months...

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Foresters Financial and New York Life Insurance Latest Reviews

Recent published reviews
No votes

Hello my name is Joel bungay I just want to cancelled my forester life insurance..col me at 9077443261

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1

I looked into my 74 year old mother's new policy. She was paying approx.$10.00 a month for $5000 policy for 20 years. WT...

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2.8

I need to have an agent call me and set up an appointment to change my policy please call me I keep asking you folks...

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3

New York life target life was designed for annuity payouts. The interest is compounded daily. Some policies were to pay...

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Foresters Financial and New York Life Insurance Products and Services

Most reviewed product and services
  • Foresters Financial Life Insurance (33 reviews)
  • Foresters Financial Customer Care (20 reviews)
  • Foresters Financial Account (7 reviews)
  • New York Life Insurance Life Insurance (23 reviews)
  • New York Life Insurance Annuity (7 reviews)
  • New York Life Insurance Customer Care (5 reviews)