Life insurance premium mop-up down 19% in Apr-Nov

January 27th, 2012

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However, premium collected by general insurers rises 24%.

Vantis Life Completes Third Consecutive Year of Double Digit Sales Growth

January 27th, 2012

Planning to fulfill the financial needs of your survivors is among the most important and fundamental procedures in developing a sound operating plan for you personally and your loved ones. This step usually requires the buying a life insurance policy to ensure that your family’s needs will still be met, even after your untimely death cuts your wages potential short.

WINDSOR, Conn., Jan. 26, 2012 /PRNewswire/ – Vantis Life Insurance Company today announced record growth in new recurring life insurance sales for the third consecutive year.  For the calendar year 2011, …

Families, Life Insurance and Trusts

January 27th, 2012

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EL DORADO HILLS, Calif., Jan. 26, 2012 /PRNewswire/ — As a parent, you understand the importance of life insurance. You've figured out how much life insurance  you need and determined the kind of policy …

Sun Life U.S. life insurance subsidiaries downgraded

January 21st, 2012

Life insurance providers will normally generate a risk category to determine how much you ought to invest in your premium. The categories are based on your state of health along with your lifestyle, including whether you smoke.

Fitch Ratings has downgraded the ratings on Sun Life Financial Inc.'s U.S. life insurance subsidiaries, following the firm's retreat from those businesses.

A.M. Best Affirms Ratings of Nippon Life Insurance Company

January 21st, 2012

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A.M. Best Co. has affirmed the financial strength rating of A+ and issuer credit rating of “aa-” of Nippon Life Insurance Company . The outlo

Genworth Life Insurance Company Announces Satisfaction of the Minimum Tender Condition of its Tender Offer for all of …

January 21st, 2012

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RICHMOND, Va., Jan. 20, 2012 /PRNewswire/ — On December 9, 2011, Genworth Life Insurance Company (the "Company") announced that it had commenced a cash tender offer to purchase (the "Offer") …

Genworth Life Insurance Company Announces Extension of the Early Tender Time for its Tender Offer for all of the …

January 17th, 2012

It is very important to be truthful when completing your lifetime insurance plan, however, if you start smoking after it’s issued, you aren’t necessary to educate insurance provider. If you die, along with your life insurance coverage premium took it’s origin from the nonsmoker rate, and you later began smoking, your death benefit won’t be jeopardized. However, you need to note again when your cause of death is located to be a smoking-related illness, your beneficiary may have problems when creating an insurance claim.

RICHMOND, Va. , Jan. 12, 2012 /PRNewswire/ – On December 9, 2011 , Genworth Life Insurance Company (the "Company") announced that it had commenced a cash tender offer to purchase (the "Offer") …

Life Insurance Providers in China: IBISWorld Report Now Updated

January 17th, 2012

It is very important to be truthful when completing your lifetime insurance plan, however, if you start smoking after it’s issued, you aren’t necessary to educate insurance provider. If you die, along with your life insurance coverage premium took it’s origin from the nonsmoker rate, and you later began smoking, your death benefit won’t be jeopardized. However, you need to note again when your cause of death is located to be a smoking-related illness, your beneficiary may have problems when creating an insurance claim.

In the five years through 2016, total revenue of the Life Insurance Providers industry in China will maintain its rapid growth at an annualized rate of 16% to $319.85 billion at the end of 2016, according to IBISWorld, America’s largest publisher of industry research.Los Angeles, CA (PRWEB) January 15, 2012 In 2011, affected by the intensified regulation on life insurance sales in banking …

The New Legacy: Life Insurance Producers and Generational Dynamics

January 17th, 2012

Term life insurance is straightforward: You purchase an insurance plan using a specific death benefit for any specific length of time. For example, let’s imagine you buy a $50,000 policy using a 20-year term. In the event you die within those Two decades, your beneficiaries receive $50,000. In case you are alive following the 20-year term, you receive no benefits and can must purchase a new policy to maintain your coverage.

Baby Boomers have left a mark on American society. That impact continues as today’s first-time grandparents now average 50 years old, the majority remaining in the work force. Households led by 55 to 64 year olds have the highest net worth of any age group: $254,000, according to a report commissioned by Grandparents.com.

Life insurance clauses you need to know

January 13th, 2012

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Life insurance policies have various clauses — additions to the primary provisions of the policy. Unfortunately, many people are not aware of these clauses until a situation develops where knowledge of the clause could have eliminated or alleviated a problem. Some clauses are part of the original policy and others are possible as an addition, along with an extra charge.