Jan. 28–A life insurance business that has been operating for 56 years with remarkably few people aware of its existence for most of that time is about to make a major thrust into the market. With business posting substantial growth, the unit of the Government Savings Bank is looking at breaking out its life insurance […]
Lawrence Singer always figured life insurance was a bad bet. “Statistically it doesn’t pay off,” says the 33-year-old dentist. “You’re better off socking the money away in the stock market.” But since September 11, Singer has had a change of heart. He works near the White House and Pentagon–daily reminders, he says, that life feels […]
Q: I am an insurance agent who specializes in life insurance, and unlike so many of my fellow agents, my business card still says that I am an insurance agent rather than something I am not, such as a financial planner. While I agree with a number of the points that you make about life […]
What if you went to work one morning and never came home again? Nightmares of that possibility have hit commercial pilots, flight crews, mail handlers, frequent fliers and others in past months. The terrorist attacks of Sept. 11 seem to have focused wage-earners’ attention on mortality and turned life insurance into a hot commodity, especially […]
In the repertoire of financially sexy topics to bring up at a dinner party, life insurance doesn’t exactly come to mind. “You’re considering your own demise when you think about it,” said Herb Perone, spokesman for the American Council of Life Insurers in Washington, a trade group. “That’s not something people dwell on.” But the […]