Archive for October, 2005

MassMutual Provides Life Insurance for Women with Breast Cancer, Company continually updates underwriting guidelines; More women now qualify for life insurance

PRNewswire — Massachusetts Mutual Life Insurance Company (MassMutual) continues to be a leader in providing life insurance coverage for breast cancer survivors, updating its underwriting guidelines continually to reflect the positive long-term survival benefits of early detection and new treatments such as the use of trastuzumab (Herceptin).MassMutual’s underwriting guidelines — revised in 2001, 2002 and […]

Columbus Life Insurance Company, Lafayette Life Insurance Company Announce Strategic Alliance, Independent producers will benefit from this collaboration

PRNewswire — Columbus Life Insurance Company (Columbus Life) and The Lafayette Life Insurance Company (Lafayette Life) announced a definitive co-marketing agreement to strengthen and broaden their distribution networks. This cross-selling agreement provides independent producers with access to more products and services and provides greater opportunities for producer recognition.Columbus Life, as Columbus Mutual, and Lafayette Life […]

Life insurance is certainly suitable for young people, espec

Life insurance is certainly suitable for young people, especially young parents with children. But seldom is it suitable for people “in their later years,” like me. Life insurance best left to young people Are you aware that if you read an article in a magazine or newspaper, and there is no byline or “signoff”(the author’s […]

14 years later, the Mutual Benefit case is closed Court order caps the implosion and liquidation of insurance giant

Mutual Benefit Life Insurance set up shop in Newark in 1845 in a classical Greco-Roman style building with soaring Corinthian columns. Thirty years passed before its crosstown rival, Prudential, opened its doors down the block in the basement of another building. For more than a century, both grew strong. Now, Prudential Financial has about $511 […]

LIFE INSURANCE CAN GET COMPLICATED FOR SENIORS

The premiums on Sears retiree Cecil Bowles’ $92,000 group universal life-insurance policy jumped 157 percent in July from $197 per quarter to $507 a quarter. Bowles, who lives in the Montpelier area of Hanover County, is miffed because MetLife, the big New York insurance carrier, pocketed his premiums for 43 years and now it is […]

Oxford Life Insurance Company and Subsidiaries Christian Fidelity Life Insurance Company and North American Insurance Company Announce Upgrades in Financial-Strength Ratings

PRNewswire — Oxford Life Insurance Company (Oxford Life) (Arizona) has been upgraded by A. M. Best, the world’s oldest and most authoritative insurance rating and information source, to B+ (Very Good) from B (Fair). The rating increase also applies to Oxford Life subsidiary companies Christian Fidelity Life Insurance Company (Texas) and North American Insurance Company […]

BE DEAD SURE WHEN BUYING LIFE INSURANCE

Without a doubt, life insurance should be an important part of many people’s financial plans. Having said that, don’t be scared into buying insurance you don’t need.I wrote a column recently about who needs life insurance. I said you don’t need to get insurance for a child. I said that if you’re single and don’t […]

Consider life insurance needs based on facts, not emotions

WASHINGTON — Without a doubt, life insurance should be an important part of many people’s financial plan. Having said that, don’t be scared into buying insurance you don’t need. I wrote a column recently about who needs life insurance. I said you don’t need to get insurance for a child. I said if you’re single […]

REVIEW THE FACTS BEFORE GETTING LIFE INSURANCE

Without a doubt, life insurance should be an important part of many people’s financial plan. Having said that, don’t be scared into buying insurance you don’t need.I wrote a column recently about who needs life insurance. I said you don’t need to get insurance for a child. I said if you’re single and you don’t […]

BUY ONLY THE LIFE INSURANCE YOU NEED

WITHOUT A DOUBT, life insurance should be an important part of many people’s financial plan. Having heard that, don’t be scared into buying insurance you don’t need.I wrote a column recently about who needs life insurance. I said you don’t need to get insurance for a child. I said if you’re single and you don’t […]