Archive for January, 2003

FINANCIAL BLANKETS, Demand for life insurance grows

Patrick Gilmore recently upped his term life insurance coverage from $1 million to $1.5 million to protect his wife and two children if he should die prematurely. The reason: One of the Twin Towers victims was Gilmore’s good friend Tim Byrne, a Sandler O’Neill bond salesman who was best man at his wedding five years […]

January 26th, 2003 | Posted in Life Insurance | No Comments

Thai Life-Insurance Sector Projects 30 Percent Growth in 2003

Jan. 6 Prayoon Trakarnsrisunan, an unmarried company employee in his 40s, sees no need for life insurance and has no plan to buy coverage. He understands the potential benefits offered by life insurance but is reluctant to add to his long-term commitments. “I haven’t thought of life insurance as I’m heavily in debt,” he said, […]

January 6th, 2003 | Posted in Life Insurance | No Comments