2004 November | Life Insurance

Archive for November, 2004

Japanese life insurance firm’s solvency margin ratio down to 796.2 percent

Nov. 26 TOKYO Dai-ichi Mutual Life Insurance Co. said Friday its solvency margin ratio, a key gauge of an insurer’s ability to pay policyholders, stood at 796.2 percent as of Sept. 30, down from 803.2 percent as of March 31. The rate was well above the 200 percent threshold below which the government requires insurers […]

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November 26th, 2004 | Posted in Life Insurance | No Comments

Insurance brokerage makes deal Universal Life will help state regulators

San Diego insurance broker Universal Life Resources has reached a settlement with state regulators, who say they will now pursue insurers that allegedly paid the company secret fees and commissions to steer business their way. State Insurance Commissioner John Garamendi plans to file a lawsuit today in San Diego Superior Court against insurance giants MetLife, […]

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November 18th, 2004 | Posted in Life Insurance | No Comments

Tighter rules for buying term life More policyholders can afford term life insurance today, but can they qualify?

The cost of term life insurance has fallen sharply in recent years, but it has become more difficult for many people to qualify for the the low rates.The large drop in premiums began several years ago, triggered by several factors, according to Byron Udell, founder and CEO of AccuQuote, an online insurance brokerage based in […]

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