Archive for September, 2006

IN GENERAL, CHILDREN DO NOT NEED LIFE INSURANCE

Losing a child is an unthinkable tragedy, and, of course, parents want to protect their children in every way. As a result, many insurance companies offer life insurance policies for children. But before you follow your heart and buy that policy, think about it with your head. Jeff Opdyke, author of The Wall Street Journal […]

MassMutual Offers Free Life Insurance to Working Parents in Florida, Application meetings to be held October 3 & 4 for Habitat Families

PRNewswire — Habitat for Humanity of Collier County and the Massachusetts Mutual Life Insurance Company (MassMutual) are bringing MassMutual’s LifeBridge(SM) Free Life Insurance Program to Collier County in Florida.MassMutual’s LifeBridge is a national philanthropic program in which the company issues 10-year term life insurance policies to eligible working parents to help pay for the cost […]

Bada Bing! Life Insurance Needs Ain’t So Easy to Figure Out, LIFE Foundation Releases Results of National Survey; Analyzes Life Insurance Needs of Popular TV Dads to Help Illustrate How to Determine How Much Coverage People Need

PRNewswire — If someone will suffer financially when you die, you need life insurance. But figuring out how much you need is not always as straightforward. When asked who needs the greatest amount of life insurance coverage, one in four Americans say that Tony Soprano needs more than other popular TV dads, Homer Simpson, Cliff […]

New Nationwide Survey Reveals That U.S. Adults Are Alarmingly Underinsured - Almost Half Have No Life Insurance At All

PRNewswire — Is life insurance really necessary? How much does coverage cost? What type of plan is right for me? SBLI USA Mutual Life Insurance Company, Inc. today announced the results of a nationwide survey asking adults about important life insurance needs. The results reveal that not enough adults consider how their families would survive […]

Company offers facts about life insurance

Lansing — Although consumers widely recognize the importance of life insurance in financially protecting their families, most need significant help in determining the type and amount of coverage appropriate at different life stages, according to the Office of Financial and Insurance Services (OFIS).The National Association of Insurance Commissioners (NAIC), of which Michigan is a member, […]

BoB in JV talks with Nippon Insurance

Sep. 24 MUMBAI, India Bank of Baroda (BoB) is in talks with Nippon Insurance of Japan for a possible life insurance JV. The company is also looking out for a third partner which could possibly be a corporate. Nippon Insurance is among the top 10 companies in Japan with revenues of $61bn. It ranks 69th […]

More Competition Comes to Wisconsin Health Insurance Market

PRNewswire — Consumers Life Insurance Company announced today that it will begin selling health insurance in the state of Wisconsin At first, Consumers Life, a subsidiary of Ohio-based Medical Mutual, will be offering an individual health insurance product. However, Vice President Lincoln Lafayette said the company will eventually offer group health insurance products.”We already have […]

MassMutual Offers Free Life Insurance to Working Parents in New Jersey, Information Session To Be Held Sept. 25

PRNewswire — The Lakewood Resource and Referral Center and Sam Lowy of Emerald Financial Resources/Massachusetts Mutual Life Insurance Company (MassMutual) are bringing MassMutual’s LifeBridge(SM) Free Life Insurance Program to the Lakewood, New Jersey area.MassMutual’s LifeBridge is a national philanthropic program in which the company issues 10-year term life insurance policies to eligible working parents to […]

Questions and answers with Don E. Hensley Underwriter answers basic questions about life insurance, financial planning.

Q: I read recently that life insurance premiums are expected to go down. Why is that? A: It has to do with the mortality table. They are a result of medical technology which has people living longer. Because of the medical technology and the better care that people are taking of themselves these days, people […]

MassMutual Appoints Gregory E. Deavens Senior Vice President and Head of Finance for U.S. Insurance Group

PRNewswire — Massachusetts Mutual Life Insurance Company (MassMutual) announced today the appointment of Gregory E. Deavens as senior vice president and chief financial officer for the company’s U.S. Insurance Group. Mr. Deavens will be responsible for leading the financial management activities within the U.S. Insurance Group, and will report to William Glavin, executive vice president, […]