Archive for September, 1997

METLIFE WILL SELL UNIT TO CANADA LIFE ASSURANCE

Metropolitan Life Insurance Co. has announced it will sell its United Kingdom Insurance operations to Canada Life Assurance Co. of Toronto.Under the agreement, Canada Life will purchase MetLife U.K. Ltd., a holding company which includes Albany Life Assurance Co., headquartered in Potters Bar, Hertfordshire, England, as well as Albany International Assurance Ltd. and Metropolitan Unit […]

GRIM LOANS LET THE DYING LIVE IT UP LIFEWISE LETS THOSE WITH LIFE INSURANCE POLICIES AND LESS THAN FIVE YEARS TO LIVE BORROW AGAINST THEIR DEMISE.

Robert Urich realizes not everyone can afford the million dollars he spent on his cancer treatment.That’s one of the reasons the former star of “Vegas” and “Spenser: For Hire” has teamed with a company that lends the terminally ill money against the value of their life insurance policies. “Lord knows what would have happened to […]

EARLY RETURNS VIATICALS ALLOW THE DYING TO BENEFIT FROM LIFE INSURANCE NOW

Donald Lalla of Southington has lived longer with cancer than he was supposed to — and a bit easier — because of a little- known way for the living to use life insurance.The former Naugatuck High School shop teacher, faced with mounting medical bills that health insurance did not cover, sold a $50,000 life insurance […]