A Message from FCSLA Management
The recent turmoil which has hit the financial markets is causing people great
angst as they reexamine the safety of their personal investment holdings. As
a member who holds either a life insurance or an annuity policy with us, you
may naturally be wondering just how safe your investment with FCSLA is under
these trying market conditions.
Here are some snapshots which serve to highlight the financial strength of
FCSLA:
- Less than 2% of our assets are in the stock market.
- Meanwhile,
the vast majority of our assets are in investment grade bonds.
- No
more than 2% of our assets are invested in any one company.
- Our surplus
stands at an all-time high of over $90 million.
The strong surplus position we have built, coupled with our philosophy of
asset diversification, will enable us to weather any adverse impacts upon our
portfolio, should they occur.
From the Great Depression through Enron and WorldCom, FCSLA has weathered
many such financial “storms” throughout its proud 116 year history.
With our conservative, high quality investment approach, you can rest assured
that your hard earned money is safe with FCSLA during these tumultuous financial
times!
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