Life insurance is a topic many people would rather avoid. “I guess there’s some people who think, ‘If I buy it, will I die tomorrow?’ It’s not rational, but there seems to be a stigma to owning it,” said Redding independent insurance agent Michael Hurley.But as unsettling as the topic of life insurance might be, […]
Great-West Life and Annuity Insurance Co. is making a push for term life insurance sales through banks, which it thinks can supply the high volume needed to make the product profitable.And it is going after middle-market Americans because they are the most underinsured segment. “The middle- to low-to-middle group is a huge segment,” said Chris […]
Public employees who smoke can expect to burn up more money for both life insurance and health insurance than their non-smoking counterparts.The Public Employees Insurance Agency is adding a 30 percent surcharge to life insurance premiums for users of any form of tobacco and a 10 percent discount for non-users.Tom Susman, the agency’s director, said […]
Gov. Rick Perry, who has attacked his opponent for selling life insurance policies not regulated by the state, served as an advisory director of another insurance company accused of defrauding foreigners through the sale of such policies. The company, Citizens Insurance Co. of America, and a Panamanian firm that marketed its policies are named as […]