My company offers supplemental life insurance. Should I sign up for it or am I better off shopping for my own term-life policy?The answer depends a lot on your age, health and family situation.Since employer-sponsored health insurance is almost always a better deal than buying an individual policy on your own, there’s a popular misconception […]
Jul. 21 Financial advisors and friendly life insurance agents often try to sell an insurance policy citing advantages like tax rebate, investment benefits and of course financial protection for the dependents in the event of death of the policy holder. While life insurance is sold for all the right reasons, a specific policy is often […]
Jul. 20 MUMBAI, India Max New York Life will introduce a wider range of insurance products and step up its brand promotion as part of a new strategy, according to the company’s new managing director Gary Bennett. Mr Bennett told ET that the company has already built a solid core business comprising largely of whole-life […]
Jul. 20 TOKYO The disclosure of payout scandals involving Meiji Yasuda Life Insurance Co. twice in half a year is casting a dark shadow over an industry plagued with offensives from foreign-affiliated life insurers. In addition, the company’s illegally withholding policy payouts is a serious problem rocking the very foundation of the life insurance industry, […]
Pekin - It seemed like a natural fit.In the mid-1960s, the idea of a property/casualty company venturing into other territory such as life insurance was taking root among the board of directors at The Farmers Automobile Insurance Association, later known as Pekin Insurance. The idea quickly became reality and a new subsidiary called Pekin Farmers […]
We discussed last week a large opportunity in obtaining new life insurance for eligible people aged 70 to 95, at ultralow cost and with equity upside. (See “A Major Opportunity in Life Insurance for Seniors,” www. greenwichfinancial.com - I’ve never before had so much reader response as to this piece.) There is a related opportunity […]