Company Information

Get to know Benistar

Founded in 1978, Benistar specializes in providing group retiree benefit solutions for companies, municipalities, and Taft-Hartley trust funds across the United States. The company works with brokers and consultants to create, implement, and manage customized retiree medical and prescription drug plans, including Medicare supplement plans and Part D prescription drug coverage. Benistar's mission is to offer cost-effective and comprehensive benefit options for retirees, helping employers manage their post-retirement liabilities.

Industry

Financial InsurancePRIMARY
Financial Wealth Management

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Benistar

United States

Founded in

1978 (48 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Reviews

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Regulated

Recommended

(77 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.