Foresters Financial introduces LawAssure technology platform
Foresters Financial Services , the 146-year-old fraternal life insurer, announced it now offers its members LawAssure, a self-serve document technology platform that helps them prepare customized Wills, Powers of Attorney and healthcare directives.
LawAssure is offered as one of several complimentary benefits to Foresters members. The platform is operated by Epoq – a provider of online document automation services.
Foresters launched LawAssure at the end of Q1, 2020 and has seen quick adoption, with well over two thousand registered users and nearly four thousand documents created, Wills being the most popular. Of these users, over 70% were members accessing their benefits for the first time – displaying LawAssure’s appeal, and raising awareness amongst members of the broader Foresters benefit offering.
“As the fraternal life insurer with a larger purpose, we strive to offer our members benefits that contribute to their overall wellbeing. Having life insurance is a big step toward being prepared for life events – but it’s only part of the equation. Having a Will and other legal documents help ensure that our members’ long-term plans are in place to protect themselves and their families for the future.” – Nicole Gourley, Global Chief Membership Officer at Foresters.
LawAssure is a knowledge-based system that uses answers gathered from an in-depth online questionnaire and pre-programmed logic, specific to the user’s US state or Canadian province of residence, to instantly customize and populate Wills, Powers of Attorney and healthcare directives. Members get access to a secure online mobile-enabled account where they can save, print and share their documents with a family member, a notary or a trusted advisor.
LawAssure is part of Foresters Life Insurance with a Larger Purpose strategy to provide insurance offerings that align with Foresters fraternal purpose of enriching the wellbeing of hard-working families and their communities. Foresters members receive a full suite of unique benefits, including opportunities for scholarships, orphan benefits, community building grants, financial counseling and more.
LawAssure is available to members across North America and the UK.