Archive for February, 2007

Life Insurance Conference Examines Key Distribution and Marketing Trends

PRNewswire — Life settlements, bank insurance, and consumer motivation are just some distribution and marketing topics on slate for the fifth annual Life Insurance Conference, April 16-18, 2007 at the Westin Peachtree Plaza, Atlanta, GA.The market for life settlements could reach $160 billion within the next several years and this product continues to be a […]

/C O R R E C T I O N — Symetra Life Insurance Company/

In the news release, Entirely New Life Insurance Challenges Convention, issued earlier today over PR Newswire, the quote in the sixth paragraph should be attributed to “Jack Desemar” rather than “Jack Besmear” as incorrectly transmitted by PR Newswire.Symetra Life Insurance Company…Press: PR Newswire (USA)
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Entirely New Life Insurance Challenges Convention, Symetra, Future System Advisors Create Unique Wealth Management Solution

PRNewswire — Symetra Life Insurance Company and Future System Advisors, LLC (FSA) have developed a product that offers a whole new way to utilize life insurance as a wealth management tool. Tailor made for financial planners working with higher net worth clients, this solution allows clients to maximize financial growth while ensuring assets can later […]

John Hancock Re-Prices its Accumulation Universal Life Insurance Product, More competitive cash values (especially at age 65 and above) Greater potential for high early surrender values Improved Return of Premium rider performance

PRNewswire — John Hancock has re-priced its Accumulation UL policy, a universal life insurance policy designed to meet the needs of high net worth individuals and business owners who are seeking death benefit protection and the potential to accumulate significant policy cash value.With its improved pricing, the new Accumulation UL offers better cash value accumulation […]

Monumental Life makes donation in policyholder’s name to Pride and Joy Daycare

Monumental Life Insurance Company recently donated $100 to Pride and Joy Daycare in the name of policyholder Diana Ogle of Middlesboro. Ogle was one of 23 award winners recognized in Monumental Life’s 2007 “Life At Work” calendar photo contest. Her entry won an Honorable Mention Prize Award. All cash awards are donated, in the winner’s […]

Rich in life, rich in death: For Barry Kaye, insurance is path to wealth creation

Feb. 11 It’s showtime for Barry Kaye. The Boca Raton businessman, who gives seminars on life insurance, is proselytizing on how wealthy people can leave millions of dollars to their children and favorite charities.He is impossible to ignore. Kaye’s baritone voice and sweeping hand gestures snap you to attention. His delivery is so intense, so […]

John Hancock Enhances Its Protection Variable Universal Life Insurance Policy, * Extended No-Lapse Guarantee rider dramatically reduces premiums for early funded scenarios * Excellent cash value accumulation potential

PRNewswire — John Hancock has enhanced its guaranteed death benefit variable universal life insurance policy, Protection VUL,(1) with an improved Extended No-Lapse Guarantee rider (ENLG).The new early funding option within the ENLG rider enables clients who opt within 10 policy years to meet the premium requirement for guaranteed death benefit coverage to realize significant savings.”John […]

Northwestern Mutual Reaches $1 Trillion of Life Insurance in Force, On Eve of 150th Anniversary Becomes First Direct Provider of Individual Life Insurance to Achieve Historic Milestone

PRNewswire — Northwestern Mutual announced today that it has reached $1 trillion(1) of individual life insurance protection in force(2), making it the first direct provider of life insurance — and the only mutual company — to reach such an historic milestone.For Northwestern Mutual, which will be celebrating its 150th anniversary next month, the accomplishment marks […]

Guardian Life Insurance Co. Makes New Appointments

Guardian Life Insurance Company of America has named Rone Baldwin executive vice president of the group insurance division. Baldwin joins Guardian Life with more than 20 years of executive management experience in insurance and financial services. Most recently, he worked with Genworth Financial as president and chief executive officer of Genworth?s group insurance division. In […]

Rone Baldwin to Lead Guardian’s Group Insurance Business, Industry Veteran Brings More than 20+ Years of Experience in Executive Management John Foley, VP of Group Dental, Elected National Association of Dental Plans Chairman of the Board Tim Bireley Appointed VP of Guardian Group Medical New Medical/Dental Leadership Team Underscores Commitment to Growth

PRNewswire — The Guardian Life Insurance Company of America (Guardian) announced that Rone Baldwin has joined its Group Insurance division as Executive Vice President. With over 20 years of experience in executive management positions in insurance and financial services, Mr. Baldwin joins Guardian from Genworth Financial, where he most recently served as President and CEO […]