Over the past five to seven years, financial institutions have been frustrated by their lack of success in life insurance sales. While they strongly desire the high profit margins and revenues that can be generated in successful life insurance sales and keep going back to carriers asking for new or different product solutions, sales success […]
WorldTravelCenter.com Samuel Halpern, 414-264-0898 sam@insuractive.com or Dan Drennen, 402-343-3621 dan@insuractive.com Most life insurance providers in the U.S. refuse to cover individuals living abroad for extended periods. Help is now available with the www.WorldTravelCenter.com announcement that it provides annually renewable International Life Insurance and International Accident Insurance covering all nationalities worldwide. Visitors to the site can […]
Life Insurance Consumers Alliance (LICA) James Butera, Executive Director, 202-742-4146 info@lifeinsuranceconsumers.org On October 1, 2004, a new law takes effect to authorize and regulate life settlements in Maryland. The legislation, signed by Governor Robert L. Ehrlich, Jr. in May, assures life insurance consumers in Maryland the right to realize fair market value for unneeded or […]
Prudential Financial Dawn Kelly, 973-802-7134 Cell phone - 201-406-7248 Last graph, third sentence of the Appendix dated September 21, 2004 should begin: FY2003 business results registered total policies (individual life insurance and annuities) in the amount of 1.7064 trillion yen (sted 3.4 trillion yen).The corrected release reads: PRUDENTIAL LIFE INSURANCE COMPANY, LTD. TO ACQUIRE […]
Prudential Financial Dawn Kelly, 973-802-7134 Cell phone - 201-406-7248 Prudential Life Insurance Company, Ltd. (”Prudential Life”) (Headquarters: Chiyoda-ku, Tokyo; President and COO: Yutaka Sammori) announced today that it has signed a definitive agreement with Tawa S.A. to acquire Aoba Life Insurance Company, Ltd. (”Aoba Life”) (Headquarters: Meguro-ku, Tokyo; Co-Presidents and Co-CEOs: Takashi Kasagami, Charles Vacher). […]
Principal Financial Group, Des Moines Rhonda Clark-Leyda, 515-247-6634 clark-leyda.Rhonda@principal.com One in Three of America’s Employees Unknowledgeable About Life Insurance Recent research sponsored by the Principal Financial Group(R) illustrates that one in three of America’s employees of growing businesses are unknowledgeable about individually owned life insurance, and just over a third of those surveyed said they’d […]
MetLife Karen Eldred, 212-578-9561 keldred@metlife.com Life Insurance Awareness Month in September Highlights Need for Education In a recent survey conducted by MetLife (NYSE: MET), nearly three-quarters (73%) of working Americans are extremely concerned about having enough money to pay their bills in the event of a sudden loss of income. More than half are highly […]
Imerica Life and Health Insurance Company, Tampa Jennifer Watson Seitz, 813-313-4473 Fax: 813-287-1371 E-mail: jseitz@imerica.com Former President of Fortis Health will lead Medical Division of Imerica As It Launches New Individual Major Medical Product Imerica Life and Health Insurance Company today announced the appointment of Thomas Keller to the position of Chief Insurance Officer. Mr. […]
When I answered a reader’s question about life insurance a couple weeks ago, I expected a loud response. That’s because the person I interviewed for that column, Jeff Salisbury, not only recommended that the 21-year-old single college student in question not buy life insurance, but also said he thought life insurance is “the most abused […]
The soaring stock market of the 1990s put life insurance — historically one of the building blocks of families’ financial plans — into disfavor as an investing public was more interested in double-digit returns than long-term security. But now with a stagnate stock market, the insurance industry is trying to raise the profile of what […]