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Why income protection is behind the times
Posted: February 2nd, 2012, 8:25pm EST
Insurance: Many definitions within life insurance have been subject to drastic changes as time rolled past. However, Col Fullagar notes income-protection cover definition is one of the most outdated. -
Insurer ordered to wind up operations
Posted: February 2nd, 2012, 4:39pm EST
Ottawa-based insurance company Union of Canada Life Insurance has been ordered by the Ontario Superior Court of Justice to wind up its operations, after it was determined that the company had insufficient capital to ensure its long-term viability. -
Empire Life Launches Loyalty Program to Help Investors Save on Fees
Posted: February 2nd, 2012, 4:30pm EST
KINGSTON, ONTARIO-- - The Empire Life Insurance Company today announced the launch of the Empire for Life™ Loyalty Program. The Program is a way to help investors save on fees while investing in their ... -
Allianz Life Contributes More Than $1.6 Million to Local Charities in 2011
Posted: February 2nd, 2012, 9:30am EST
Allianz Life Insurance Company of North America contributed more than $1.6 million in 2011 to Twin Cities-based nonprofit organizations focused primarily on financial literacy and senior services. -
MetLife Expands Offerings for Associations and Affinity Members with Enhanced Group Level Term Life Insurance Coverage
Posted: February 2nd, 2012, 9:00am EST
Members of associations and affinity groups are increasingly looking for value-added benefits from their relationships, including easy and affordable access to insurance products. MetLife, the largest life insurer in the United States, today announced that it has enhanced its Group Level Term Life Insurance portfolio for association and affinity groups. -
Life Bancassurance in Europe: Investment-Related Life Insurance and Retirement Savings
Posted: February 2nd, 2012, 4:05am EST
NEW YORK, Feb. 2, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: Life Bancassurance in Europe: Investment-Related Life Insurance and Retirement ... -
Individuals Polled on Whether They Would Ever Donate Their Life Insurance Policy to Charity
Posted: February 2nd, 2012, 3:58am EST
Online Insurance Marketplace ( http://www.OnlineInsuranceMarketPlace.com ) Announces Results of the Poll, "Would You Ever Donate You Life Insurance Policy to Charity?" on the Facebook® Platform (PRWeb February 02, 2012) Read the full story at http://www.prweb.com/releases/10yearlifeinsurance/whentobuylifeinsurance/prweb9159783.htm -
Liberty Life Insurance Company Renamed, Will Now Operate as Athene Annuity
Posted: February 1st, 2012, 4:53pm EST
Liberty Life Insurance Company, a retail fixed annuity and reinsurance provider, today announced it had changed its legal name to Athene Annuity & Life Assurance Company and wi -
Life insurance policy names the beneficiary
Posted: February 1st, 2012, 11:11am EST
Dear PAO, My girlfriend’s mother died leaving no last will and testament. Her mother has a Life Insurance with various companies and organizations. -
Betty White to Boomers: Consider Life Insurance Policies to Fund Retirement
Posted: February 1st, 2012, 6:55am EST
ATLANTA, Feb. 1, 2012 /PRNewswire/ -- Baby boomers appear to be taking a second look at their life insurance policies as an alternative financial solution to paying for retirement. Retirees can sell an ... -
As Industry Struggles, Vantis Life Insurance Sees A Jump In New Premiums
Posted: January 31st, 2012, 7:16pm EST
Get Business Mobile Text Alerts Windsor-based Vantis Life Insurance Co. is increasingly seeing new customers, mostly middle-income people who buy life insurance through banks and credit unions, as part of an ongoing national expansion. -
SBLI of Massachusetts Re-Launches Website
Posted: January 31st, 2012, 3:49pm EST
The Savings Bank Life Insurance Company of Massachusetts , a leading provider of affordable, dependable life insurance, has re-launched its SBLI.com website with new features -
The New Legacy: Life Insurance Producers and Generational Dynamics
Posted: January 31st, 2012, 3:00pm EST
Baby Boomers have left a mark on American society. That impact continues as today’s first-time grandparents now average 50 years old, the majority remaining in the work force. Households led by 55 to 64 year olds have the highest net worth of any age group: $254,000, according to a report commissioned by Grandparents.com. -
Life insurance sale must be need based, says IRDA
Posted: January 31st, 2012, 11:44am EST
The sale of life insurance policies are set to become more scientific soon. -
A.M. Best Upgrades Ratings of Cigna Life Insurance Company of Europe SA-N.V.
Posted: January 31st, 2012, 9:44am EST
LONDON--(BUSINESSWIRE)-- A.M. Best Europe – Rating Services Limited has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of Cigna ... -
Allianz Life Announces Launch of Allianz 365i Annuity
Posted: January 31st, 2012, 9:30am EST
Allianz Life Insurance Company of North America , a leading provider of fixed index annuities , today announced the launch of the Allianz 365iSM Annuity and Income Maximizer Rider, a new FIA with optional rider that is exclusive to Field Marketing Organizations and agents associated with the Allianz PreferredSM distribution model. -
Securian Wins Innovation Award
Posted: January 31st, 2012, 9:00am EST
Minnesota Life Insurance Company, a subsidiary of Securian Financial Group, Inc., was recognized by Best’s Review magazine for its Project Galileo speed-to-market program. It was f -
Efinancial is Proud to Accept Two Prominent Life Insurance Industry Awards
Posted: January 31st, 2012, 4:15am EST
Efinancial kicks off 2012 with award recognition from life insurance carriers ING and Transamerica (PRWeb January 31, 2012) Read the full story at http://www.prweb.com/releases/Efinancial/accepts-industry-award/prweb9149598.htm -
Single-premium life insurance policies under regulator's lens
Posted: January 30th, 2012, 1:36pm EST
After highest net asset value (NAV) guaranteed products, the single premium, two-year premium and three-year premium policies are the latest life insurance products to come under the Insurance Regulatory and Development Authority’s (Irda) scanner. -
Gerber Life Insurance Selects Nexidia Customer Interaction Analytics
Posted: January 30th, 2012, 9:00am EST
Nexidia, a leading provider of customer interaction analytics solutions for business transformation, today announced that Gerber Life Insurance has chosen Nexidia Discover, Analyze and Evaluate to better manage contact center agent performance and ensure superior customer service in the contact center. -
Police: Funeral Director who Left Body in Hearse Took Life Insurance Money
Posted: January 29th, 2012, 4:29pm EST
A former Graham funeral director who left a body in a hearse for nine days has been accused of taking a woman's life insurance money after her husband's death. -
Life Insurance vs. 529 Plan for College Saving
Posted: January 29th, 2012, 6:33am EST
Paying for a college education has become increasingly difficult as the costs of college continue to increase. Today, Section 529 plans seem to be the tool of choice to pre-fund money for college education. This article outlines the pros/cons of 529 Plans and Life Insurance. -
Life insurance: Do you need it?
Posted: January 27th, 2012, 6:38pm EST
At some point in your life, you'll probably be faced with the question of whether you need life insurance. Life insurance is a way to protect your loved ones financially after you die and your income -
Fitch Affirms Thrivent Financial for Lutherans' IFS Rating at 'AA'; Outlook Stable
Posted: January 27th, 2012, 4:46pm EST
Fitch Ratings has affirmed the ratings of Thrivent Financial for Lutherans and its subsidiary, Thrivent Life Insurance Company , collectively referred to as Thrivent hereafter. -
Siam Samsung Life ready to reawaken
Posted: January 27th, 2012, 4:09pm EST
Siam Samsung Life Insurance Co, a Thai-South Korean joint venture, is set to raise its profile and aggressively expand its business locally now that it has completed its management restructuring. -
Life industry premium dips 17%
Posted: January 27th, 2012, 2:13pm EST
Premium from sale of new life insurance policies in the first three quarters of FY 2010-12 has dropped 17% to Rs 71,953 crore from Rs 86,698 crore. -
Life insurance premium mop-up dips
Posted: January 27th, 2012, 1:34pm EST
Life policy issuances shrink 11% in April-December; premium collection by general insurers rises 24%. -
Life insurance: Is term life always enough?
Posted: January 27th, 2012, 12:07pm EST
Most families are better off buying cheap, straightforward term insurance, but there are situations where universal or whole life policies make sense. -
Life Insurance Premium Financing Specialists Announce the Availability of an Internet Website Resource
Posted: January 27th, 2012, 8:15am EST
TROY, Mich., Jan. 27, 2012 /PRNewswire/ -- The owners of American Premium Finance today announced the availability of their online resource site dealing with life insurance premium financing. This site, ... -
Life insurance premium mop-up down 19% in Apr-Nov
Posted: January 26th, 2012, 1:46pm EST
However, premium collected by general insurers rises 24%. -
Vantis Life Completes Third Consecutive Year of Double Digit Sales Growth
Posted: January 26th, 2012, 1:01pm EST
WINDSOR, Conn., Jan. 26, 2012 /PRNewswire/ -- Vantis Life Insurance Company today announced record growth in new recurring life insurance sales for the third consecutive year. For the calendar year 2011, ... -
Families, Life Insurance and Trusts
Posted: January 26th, 2012, 11:00am EST
EL DORADO HILLS, Calif., Jan. 26, 2012 /PRNewswire/ -- As a parent, you understand the importance of life insurance. You've figured out how much life insurance you need and determined the kind of policy ... -
Families, Life Insurance and Trusts
Posted: January 26th, 2012, 11:00am EST
EL DORADO HILLS, Calif., Jan. 26, 2012 /PRNewswire/ -- As a parent, you understand the importance of life insurance. You've figured out how much life insurance you need and determined the kind of policy ... -
Axa, Ace Said in Advanced Talks to Buy HSBC Insurance Business
Posted: January 26th, 2012, 10:39am EST
Axa SA, Europe’s second-biggest insurer, and Zurich-based Ace Ltd. are among final bidders for HSBC Holdings Plc’s non-life insurance operations, three people with knowledge of the matter said. -
Charter Ping An Insurance is born
Posted: January 26th, 2012, 10:12am EST
GEARING to meet the demands of globalization, Philippine Charter Insurance Corporation, one of the top ten non-life insurance companies in the country, is rebranding itself as Charter Ping An Insurance Corporation. -
Fitch Affirms New York Life's IFS at 'AAA'; Outlook Stable
Posted: January 25th, 2012, 1:51pm EST
Fitch Ratings has affirmed New York Life Insurance Company's Insurer Financial Strength rating at 'AAA' along with all other ratings on New York Life and its wholly owned insurance subsidiaries . -
Do You Need Life Insurance in Retirement?
Posted: January 25th, 2012, 10:57am EST
It sometimes makes sense to keep renewing your policy in retirement. -
A.M. Best Affirms A- (Excellent) Rating of Nippon Life Insurance Co. of America
Posted: January 25th, 2012, 9:00am EST
Nippon Life Insurance Company of America, a leading provider of employee benefit solutions, today announced that A.M. Best has affirmed the company’s financial strength rating of A -
A.M. Best Affirms Ratings of Zale Life Insurance Company
Posted: January 25th, 2012, 9:00am EST
A.M. Best Co. has affirmed the financial strength rating of B+ and issuer credit rating of “bbb-”of Zale Life Insurance Company , a subsidiary of Zale Corporation [NYSE: ZLC]. -
Survey: Boomers Consider Cashing-In Life Insurance To Fund Retirement
Posted: January 25th, 2012, 6:25am EST
Baby boomers appear to be taking a second look at their life insurance policies as an alternative financial solution to paying for retirement. Retirees can sell an unneeded life insurance policy for a portion of the face amount. -
Pushing the pedal on profitability
Posted: January 25th, 2012, 5:46am EST
Business Line Judhajit Das, Chief, HR, ICICI Prudential Life Insurance Company. — Shashi Ashiwal -
Life Insurance Settlement Association (LISA) Announces Speakers for Second Annual Institutional Investor Life ...
Posted: January 24th, 2012, 2:48pm EST
ORLANDO, FL-- - LISA, the oldest and largest association serving the life settlement industry, announces its second annual Institutional Investor Life Settlement Conference, set for February 22, 2012, ... -
5 Common Myths About Life Insurance Needs
Posted: January 24th, 2012, 1:28pm EST
? Do you have enough life insurance to provide for your family if something were to happen to you? This is?? question I recently received and unfortunately, many people have no idea. After all, death and pushy life insurance agents are two things most people would probably rather not deal with. But it?s an important ... -
Do You Need Life Insurance in Retirement?
Posted: January 24th, 2012, 1:11pm EST
It sometimes makes sense to keep renewing your policy in retirement. -
Crump Life Insurance Services Selects iPipeline CRM, Forms and iGO e-App
Posted: January 24th, 2012, 9:00am EST
iPipeline®, the leader in on-demand software that supports marketing, selling, and processing solutions for the nation’s top insurance carriers, distributors and producers, today announced that Crump Life Insurance Services has selected its CRM for Insurance, Forms , and iGO e-App® to automate and streamline business processes for Crump associates and the 200,000 insurance agents and financial ... -
Money: When life insurance makes sense
Posted: January 24th, 2012, 12:32am EST
By Carrie Schwab-Pomerantz Creators.com Dear Carrie: I am a single 43-year-old woman, and at the advice of my insurance agent, I’ve been carrying a term life insurance policy since age 22. I also participate in my company’s life insur ... -
Allianz Life Receives BestPrep Humanitarian Award
Posted: January 23rd, 2012, 3:27pm EST
On January 21, Allianz Life Insurance Company of North America was presented with BestPrep’s Humanitarian Award during the 14th annual “Birdies for BestPrep” event at International Market Square. -
Charter Ping An Insurance is born
Posted: January 23rd, 2012, 1:12pm EST
GEARING to meet the demands of globalization, Philippine Charter Insurance Corporation, one of the top ten non-life insurance companies in the country, is rebranding itself as Charter Ping An Insurance Corporation. -
Are you too old to buy affordable life insurance?
Posted: January 23rd, 2012, 12:51pm EST
If you're a senior citizen, it's a mistake to buy a life insurance policy before you weigh the costs of coverage against the benefits it will provide for you and your heirs. When you're an -
Allianz Life Named to FORTUNE’s List of 100 Best Companies to Work For
Posted: January 23rd, 2012, 12:05pm EST
Allianz Life Insurance Company of North America today announced that it has been named to FORTUNE magazine’s “100 Best Companies to Work For” list for the first time, ranking 51st and earning the top position among Minnesota companies.