Equitable Life & Casualty Insurance Company

EQUITABLE is one of America’s most unusual and most respected  insurance companies.  This is reflected in its:

l Financial strength

l Title sponsorship of PROFILES IN CARING

l Commitment to stewardship

Financial Strength

Each GRANDgift PLANNING KIT includes an original copy of Standard Analytical Services, Inc.'s report on Equitable.  This independent company publishes an analysis drawn from the statutory financial statements filed by insurance companies with state insurance departments. 

We include a copy of their report to provide you with a third-party source of information. Their 2008 report compares Equitable to 25 of the largest insurers in the United States in accident and health premiums earned (including, as examples, Aetna, Metropolitan and Hartford) and reports on these three key issues:

1. SOLVENCY, Equitable has $124.08 in assets for each $100 of liabilities compared to the average of $107.88 for the comparison companies

2. SURPLUS FUNDS, Equitable has $24.08 per $100 of liabilities compared to the average of $7.88 for the comparison companies

3. LIQUID ASSETS, Equitable has $108.65 per $100 of liabilities compared to the average of $57.65 for the comparison companies

Title Sponsorship PROFILES IN CARING

Equitable annually recognizes leadership in the essential humanitarian work of nonprofits with the large memorial shown to the left, the Ambassador of Caring Award.

This is part of Equitable's effort to help nonprofits elevate public awareness of their programs.  The primary means by which this support is provided is through title sponsorship  of the TV program, PROFILES IN CARING, which spotlights the works of outstanding individuals and U.S.-based nonprofit organizations doing good things here and abroad. 

These organizations include those which are well known, such as March of Dimes, Shriner’s Hospitals, Ronald McDonald House and the Special Olympics.  They also include dozens which are not as well known, such as The Rose Education Foundation, which educates and feeds disadvantaged children in Guatemala…the Adopt-A-Native-Elder program, which provides food, simple medicines, clothing, fabric and yarns to help Elder Navajos on reservations live on the land in their traditional lifestyle…and Globus Relief, which gathers and distributes medical and humanitarian supplies—usually overstocks of manufacturers and hospitals—through 200 charities to those who need them in the U.S. and abroad. 

Click here to visit www.profilesincaring.org/

Commitment to Stewardship

It may be said that any company could have conceived a program like GRANDgifts...that any company could have heavily invested resources to develop a unique product for a very special market...that any company could have dedicated a Home Office Staff to paying these annual gifts for years and years to come with the same care and compassion you would provide were you here, doing it yourself.

But they didn't.

We, therefore, are particularly honored to be entrusted with this most important responsibility of continuing your stewardship.