Regan Communications Alexander Caswell, 617-488-2885 The Savings Bank Life Insurance Company of Massachusetts (SBLI) and the Massachusetts Business Association (MBA) announce that they have entered into a sales alliance under which SBLI’s individual life insurance products are now available to MBA’s small-business members through the association. “We are pleased that our safe, low-cost products are […]
International Medical Group, Inc. Julie Dwire, 317-655-4608 julie.dwire@imglobal.com International Medical Group(R), Inc. (IMG(R)) has signed an agreement with Indianapolis Life Insurance Company (Indianapolis Life) and AmerUs Group to purchase the former Indianapolis Life property and related assets located at 2960 North Meridian Street in Indianapolis. The 12-acre property, known as Historic Square, includes the Indianapolis […]
A national bank life insurance company with New York roots has opened its first direct sales office in the continental United States in Cheektowaga’s Walden Galleria.The new sales and customer service office of SBLI USA Mutual Life Insurance Co., located on the mall’s second floor next to J.C. Penney, will allow Buffalo-area consumers to walk […]
The number of career agents-the largest distribution channel for life insurance-dropped significantly in a decade, down from 238,000 in 1990 to 178,000 in 2000. In addition, by 2010, 13.2% of the U.S. population will be 65 or older.These demographics present life insurers with product, distribution and operational challenges as fewer agents are available to sell […]
Fewer consumers opting for life-insurance policies By Stefanie Murra y Lansing State Journal Life insurance used to be just that: Insurance on your life.For life.But today, as more people depend on savings plans like 401Ks and IRAs for financial security, life insurance has become a second thought.”Fewer people are buying life insurance today,” said Scott […]