Archive for September, 2000

Deal may treat Indianapolis Life policyholders unequally

Policyholders of Indianapolis Life Insurance Co. each would receive the equivalent of 12 shares of stock — currently worth about $300 –from an Iowa insurer with which the firm is merging, according to records filed with state regulators. A second, “variable” distribution will also be made to policyholders as part of the deal. That distribution […]

LIFE INSURANCE OFFERS MANY KINDS OF SUPPORT, SECURITY

Life insurance often is referred to as the Swiss Army knife of financial planning because of its many uses. It can serve a number of functions within an overall financial plan.Life insurance is best known for providing security. When cash is needed to pay off debts or help a family maintain its standard of living, […]