Archive for June, 1997

USE CAUTION WHEN SELECTING LIFE INSURANCE

NEW YORK - It was “a simpler, more affordable life insurance solution,” the insurer’s full page advertisement proclaimed.But a comparison threw doubt on the claim. For a $138 annual premium it offered a 35-year-old person $100,000 of term life insurance, whereas another company offered benefits of $205,000 for the same price. Other comparisons showed similar […]

Insurance for Life Most consumers don’t know what type of policy they need

Hans Smith doesn’t fit the profile of someone with a pressing need to buy life insurance. He’s not married. He has no dependents. Smith’s a fit, non-smoking, 25-year-old who is employed by Barnett Banks Inc.He doesn’t sky dive or bungee jump.And he hopes to make his age, good health and healthy lifestyle work for him.”I […]

More life for Atlanta Life Black-owned insurer plots its survival amid societal changes, increased competition

By Shelia M. Poole and Ernest Holsendolph STAFF WRITERS For 90 minutes every few months, about 100 Atlanta Life Insurance Co. employees gather in the cafeteria of the company’s Auburn Avenue headquarters to break bread with President and CEO Charles H. Cornelius.In addition to a continental breakfast, employees —ranging from secretaries to senior managers —are […]