Archive for October, 2001

Attacks spur interest in life insurance

Interest in life insurance has surged in some areas in the wake of last month’s terrorist attacks that suddenly left thousands of families without one, or their only, breadwinner.Insurance companies and Web sites specializing in insurance information and sales report a sharp rise in inquiries over the past several weeks, prompted by some young couples […]

LIFE INSURANCE SALES SOAR

The attacks on the World Trade Center and Pentagon have prompted many Americans to review their own financial preparedness should anything happen to them, and central to that is life insurance.”Who hasn’t watched that television footage and asked, ‘What if that were me?’” said Byron Udell, founder of the AccuQuote insurance company in Northbrook, Ill. […]

MONEY MATTERS / Life Insurance Purchases on Rise / Since World Trade Center attacks, many concerned about protecting their families financially

IT USED TO BE TOUGH to convince a young couple they needed life insurance. But since the World Trade Center attacks, area agents are seeing a spike in people inquiring about and signing up for life insurance. Many, including those in their 20s and 30s, say the tragedy made them think about the need to […]

STOCK SLUMP HAS BEEN A BLOW TO LIFE INSURANCE SOME POLICYHOLDERS FORCED TO MAKE UP LOSSES

Watch out, you owners of life insurance policies that are linked to stock market funds. The market slump may not only trim your retirement savings but also cause your life insurance to lapse.It’s true, at least for the many holders of so-called variable life policies who opted to let earnings from stock fund investments cover […]

Life insurance a way of life?, Many shopping for policies after attacks on World Trade Center and Pentagon

Life insurance a way of life?Many shopping for policies after attacks on World Trade Center and Pentagon NEW YORK — The attacks on the World Trade Center have prompted many Americans to review their own financial preparedness should anything happen to them, and central to that is life insurance.”Who hasn’t watched that television footage and […]