2002 August | Life Insurance

Archive for August, 2002

Small businesses offered new life insurance options

The National Federation of Independent Business Aug. 19 began offering a revamped term life insurance program to its small-business members. “The NFIB is the second-largest lobbyist organization in the country, second only to the National Rifle Association, and they’ve used that influence to lobby insurance providers and bring down rates for its members,” said Todd […]

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August 25th, 2002 | Posted in Life Insurance | No Comments

ABN Amro Hires Essex for Life Insurance Hard-Sell

ABN Amro North America Inc. has expanded its distribution agreement with third-party marketer Essex Corp. to include life insurance — a hard sell for bankers but one that has shown growth in a product that Essex plans to distribute through ABN.The agreement, through ABN’s broker-dealer subsidiary, ABN Amro Financial Services Inc., calls for Essex to […]

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August 20th, 2002 | Posted in Life Insurance | No Comments

Thai Life Insurance Group Set to Take Over Assurance Firm

Aug. 20 The Thai Life Insurance Group (TLG) is joining forces with the French insurer Cardif to buy CGU Life Assurance (Thai) Co in order to build up a bancassurance business. The final value of the deal was not announced. But the two new partners will inject 500 million baht in new capital to raise […]

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August 19th, 2002 | Posted in Life Insurance | No Comments

A confidence worth millions, “Promise a lot, and deliver even more,” insurance mogul Sid Friedman says. “To succeed, you must be like me!”

Mouth running a mile a minute, hands flying everywhere, Sid Friedman deals mostly in exclamation marks. And life insurance.As in: “Did you see the Forbes article? It’s on page 166. We hear they might want to do it again!” He was referring to an article in the May 25, 1992, issue that declared him “one […]

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August 11th, 2002 | Posted in Life Insurance | No Comments

SAD LADY ON LINE ONE, N.C. SWITCHBOARD LIGHTS UP WITH QUESTIONS ON HEALTH INSURANCE FROM WORRIED RESIDENTS

One hundred and two calls came by noon. One hundred and two North Carolina residents phoning in because they were confused, or curious, or angry or sad about health or life insurance.The first caller that day was a woman who said she is pregnant and her husband wants to quit his job. She wanted to […]

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August 4th, 2002 | Posted in Life Insurance | No Comments

THE BOTTOM LINE OF CARING: SOLUTION 1: PRIVATE INSURANCE: Long-term care insurance offers a long-term fix

Most middle-class families wouldn’t dream of going without health insurance, homeowner’s coverage or a life insurance policy. But when it comes to long-term care — a stay in a nursing home, say, or a move into assisted living — few have insurance and most think they don’t need it.That’s because many people believe, mistakenly, they […]

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