Your money: Life insurance is crucial to providing financial security for loved ones
NEW YORK
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Archive for September, 2007
A.M. Best Withdraws Ratings of Americom Life & Annuity Insurance Company Due to Legal Entity Merger
A.M. Best Co. has withdrawn the financial strength rating (FSR) of A- (Excellent) and issuer credit rating (ICR) of ?a-? of Americom Life & Annuity Insurance Company (Americom) (Texas). Americom was a direct, wholly owned subsidiary of Old Mutual U.S. Life Holdings, Inc. (OMUSLH), which is an indirect, wholly-owned subsidiary of Old Mutual plc. Old […]
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Direct Insurance gets Polish life insurance license: The company has sold half of subsidiary Global Direct Insurance Investments to Royal & Sun Alliance Insurance Group of the UK.
Sep. 30 DIRECT INSURANCE Financial Investments Ltd. (TASE: DIFI) is entering the Polish life insurance market. Poland’s regulator, the Komisji Nadzoru Finansowego (KNF) has granted a license to Link4 Life Towarzystwo Ubezpieczen na Zycie SA, a subsidiary of Direct Insurance subsidiary Global Direct Insurance Investments BV (GDII). Direct Insurance said in its financial report for […]
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Agent: Linehan tried to cancel fiance’s life insurance policy
Sep. 25 Did the former exotic dancer kill her fiance more than 10 years ago because she wanted his $1 million life insurance? Or did she try to cancel the policy before his death? Defense lawyers attacked that question head-on Monday morning at the trial of Mechele Linehan, charged with killing Kent Leppink in 1996 […]
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Guardian Expands Universal Life Insurance Portfolio, New Universal Life (UL) Series Offers More Options, Flexibility for Individuals and Business Owners
PRNewswire — The Guardian Life Insurance Company of America (Guardian) today announced the latest enhancements to its universal life insurance lineup. The Universal Life (UL) Gold Series was developed at a time when UL continues to grow in popularity. According to a recent study by LIMRA International, UL accounts for more than 40% of all […]
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AXA Equitable Life Insurance Co. Hires William McDermott to Lead Corporate Retirement Planning Business, Company Broadens Focus to Offer Retirement Solution to Large Corporations
PRNewswire-FirstCall — AXA Equitable Life Insurance Co. announced today that it has hired Bill McDermott as Executive Vice President of Corporate Markets; he has also been named a member of the company’s Executive Management Committee. Mr. McDermott is charged with developing innovative retirement solutions for Fortune 1000 companies. The announcement was made by Christopher “Kip” […]
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HAPPILY EVER AFTER, MANY PEOPLE OVERLOOK THE IMPORTANCE OF LIFE INSURANCE IN THEIR FAMILY’S FINANCIAL PLANNING
Deana Ingram and her husband bought life insurance when they had children.They bought the insurance to pay for the children’s care should she die, said Ingram, of Fayetteville. “If anything happened to me, obviously my husband would need to provide care or hire someone else to provide care,” she said. Now the 38-year-old stay-at-home mom […]
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Consumers should consider life insurance to provide financial security for loved ones
NEW YORK — Millions of Americans have no life insurance or are seriously underinsured, and that could translate to big financial problems for their loved ones if they die unexpectedly. “Nobody wants to think about dying,” said David F. Woods, president of the LIFE Foundation in Arlington, Va. “People know they need life insurance, but […]
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a question of life insurance
Millions of Americans have no life insurance or are seriously underinsured, and that could translate to big financial problems for their loved ones if they die unexpectedly. “Nobody wants to think about dying,” said David F. Woods, president of the LIFE Foundation in Arlington . “People know they need life insurance, but they figure they’ll […]
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Eileen Alt Powell: No life insurance is risky
MILLIONS OF AMERICANS have no life insurance or are seriously underinsured and that could translate to big financial problems for their loved ones if they die unexpectedly. “Nobody wants to think about dying,” said David F. Woods, president of the Life Foundation in Arlington, Va. “People know they need life insurance, but they figure they’ll […]
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