Archive for February, 2008

Outline your purpose for life insurance

Q. MY WIFE AND I agree that I need more life insurance but I am not sure as to what type of insurance I need. I’m an 42-year-old with two children, ages 9 and 10.I have $300,000 of life insurance provided by my employer. We have a $195,000 mortgage, our total savings is $73,000 which […]

Opportunity International’s Micro Insurance Agency to Develop and Provide Life, Health and Crop Insurance for 21 Million Poor People, $24.2 million in new funding from the Bill & Melinda Gates Foundation to help agency expand services in 11 new countries

PRNewswire-USNewswire — Opportunity International, one of the world’s largest microfinance organizations, today announced it has received a $24.2 million grant from the Bill & Melinda Gates Foundation. The funding will help Opportunity International’s subsidiary, the Micro Insurance Agency, greatly expand its insurance products to the poor in Africa, Asia and Latin America and will enable […]

Life insurance: It’s for the people who live

Feb. 5 Life insurance is a practical way to protect your family’s financial hopes and dreams. The death of a family member can be devastating to survivors both emotionally and financially. Life insurance can provide cash to help with your family’s immediate and long-term needs.Immediate needs include funeral expenses, unpaid medical bills and taxes.Long-term needs […]

CNinsure Enters Into Strategic Partnership With Ping An Life Insurance

Xinhua-PRNewswire-FirstCall — CNinsure Inc. (NASDAQ: CISG), a leading independent insurance agency and brokerage company operating in China, today announced the signing of a Memorandum of Understanding (MOU) with Ping An Life Insurance Company of China, Ltd. (”Ping An Life Insurance”) for a strategic partnership in the distribution and design of certain insurance products.According to the […]

Fort Dearborn Life Insurance Company(R) of New York Opens for Business

PRNewswire — Fort Dearborn Life Insurance Company of New York (FDLNY) is pleased to announce it will commence business in the state of New York.”We are proud to now be conducting business in the state of New York,” said Larry Newsom, president and CEO of FDLNY. “This is an important step in our distribution growth […]

Fort Dearborn Life Introduces the Classic Fortifier(TM) Flexible Premium Deferred Annuity

PRNewswire — Fort Dearborn Life Insurance Company today announced the introduction of its Classic Fortifier(TM), a flexible premium deferred fixed annuity.”The Classic Fortifier fills two needs that are particularly important to consumers: liquidity and control,” said Ken DiFrancesca, vice president, retirement and individual products, at Fort Dearborn Life. “This product is an important addition to […]