Archive for December, 2001

HOW MUCH LIFE INSURANCE DO YOU NEED?, FIRST DECIDE IF YOU WANT TO REPLACE INCOME OR FULFILL CAPITAL NEEDS. PURCHASES UP SINCE SEPT. 11

Ray and Dora Semaska were shopping last week for bigger life insurance policies.The 40-something couple from Plantation, Fla., say the terrorist attacks were a wake-up call that prodded them to look for more protection for each other and for Ray’s business. He’s one of two partners in management consulting firm LMR Consultants in Sunrise, Fla. […]

Run the numbers for life insurance

Ray and Dora Semaska were shopping last week for bigger life-insurance policies. The 40-something couple from Plantation, Fla., say the terrorist attacks prodded them to look for more protection for each other and for Ray’s business. He’s one of two partners in a management-consulting firm in Sunrise, Fla. The unexpected purchase has become a matter […]

INSURANCE REASSURANCE//SINCE THE TERRORIST ATTACKS, PEOPLE ARE BUYING OR ADDING TO THEIR LIFE INSURANCE. BUT HOW MUCH IS ENOUGH?

Ray and Dora Semaska were shopping recently for bigger life insurance policies.The 40-something couple from Plantation, Fla., says the terrorist attacks were a wake-up call that prodded them to look for more protection for each other and for Ray’s business. He’s one of two partners in management consulting firm LMR Consultants in Sunrise, Fla. The […]

Determining coverage can be difficult<NL>Experts provide tips on how to make one of life’s challenging decisions

Ray and Dora Semaska were shopping last week for bigger life insurance policies.The 40-something couple from Plantation, Fla., say the terrorist attacks were a wake-up call that prodded them to look for more protection for each other and for Ray’s business. He’s one of two partners in management consulting firm LMR Consultants in Sunrise, Fla. […]

HOW INSURED SHOULD YOU BE?, FIGURING OUT HOW MUCH LIFE INSURANCE TO BUY NOT FOR THE TIMID

Ray and Dora Semaska were shopping last week for bigger life insurance policies.The 40-something couple from Plantation, Fla., say the terrorist attacks were a wake-up call that prodded them to look for more protection for each other and for Ray’s business. He’s one of two partners in management consulting firm LMR Consultants in Sunrise, Fla.The […]

CHECK LIFE INSURANCE POLICY

A friend of ours bought a life insurance policy that sounded too good to be true.She had — unbeknownst to her — bought a variable universal life policy. She might be paying incredibly low premiums now, but because the stock market tanked, her low monthly payments thus far had failed to cover the cost of […]

Chinese life insurance firm begins search for overseas investment

Tianjin, 16 December: Hengan Life Insurance Co., the first life insurance company authorized to set up a joint venture with overseas investors since China joined the World Trade Organization last week, was launched here Sunday [16 December].Speaking at the opening ceremony, Feng Xiaozeng, vice-chairman of the China Insurance Regulatory Commission, said the establishment of the […]

Employee life insurance case sent back to court

Can Empire Blue Cross Blue Shield reduce its life insurance benefits to retirees after the company allegedly promised a certain level of benefits to them? This was one of the questions the U.S. Court of Appeals for the Second Circuit was asked to decide in Calogera Abbruscato, et al v. Empire Blue Cross (decided December […]

CALCULATING PIECE OF MIND

Ray and Dora Semaska were shopping last week for bigger life insurance policies.The 40-something couple from Plantation say the terrorist attacks were a wake-up call that prodded them to look for more protection for each other and for Ray’s business. He’s one of two partners in a management consulting firm LMR Consultants in Sunrise. The […]

Consumers seek life insurance, Another example of changing habits in aftermath of terrorist attacks

For years, life insurance was a hard sell. Even some companies that sold it began droppi.g “life insurance” from their names and calling themselves financial services companies. They recognized that Americans had become less interested in buying protection for their families than in making investments intended to make themselves comfortable in retirement.But the terrorist attacks […]