Archive for December, 1999

EXPERTS OFFER TIPS ON LIFE INSURANCE BECAUSE IT’S GONNA HAPPEN

Just married, starting a business or having a child? Now it’s time to buy a life insurance policy to protect your loved ones or investments in the event of your untimely demise.But there are so many kinds of insurance that it’s difficult for the average consumer to sort through the commission-hungry agents and insurance-speak to […]

LIFE INSURANCE GETS PRIORITY OVER P/C SALES

Bancassurance in Europe has embraced life insurance, but has shied away from property/casualty insurance, according to a report by Moody’s Investors Service Ltd., London.Bancassurane is a term that refers to the sale by banks and insurers of each other’s products. Bancassurance models range from full mergers of banks with insurance companies, to a simple sharing […]

Changing times in insurance

An ex-bank regulator running the Life Insurance Association of Massachusetts? It may have been an odd move 10 or even five years ago. But with banks now able to buy insurers and vice versa, ex-state Banking Commissioner Andrew Calamare’s recent appointment underscores how much the line that separates those industries has blurred.”Andy has a strategic […]

Provision for a long journey, Viatical settlements: ghoulish options or windfalls?

Now more than ever surviving with cancer takes aggressive financial planning. E Selling a life insurance policy to us may be an option for you.” So reads one recent ad placed in a magazine for cancer patients. The company placing the ad Pace & Associates Inc. offers a product that some have called ghoulish and […]