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Valentines Prefer Life Insurance as Gifts This Year

Posted in Life Insurance

February 10th, 2010
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With Valentine’s Day just around the corner, many significant others will be happy to know that nearly one in four Americans would be happy to receive life insurance astheir gift this year. This is according to the LIFE Organization that recently published the results of its study, which was a part of its “Insure Your Love” promotion.

Celebrity Body Parts Worth More Than You, Me or Canada

Posted in Life Insurance

February 9th, 2010
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“Insuring your assets” is given a whole new meaning in the rarefied world of celebrity stardom. J-Lo’s rear, David Beckham’s legs, America Ferrara’s teeth all are reported to have been insured in the event of a mishap. Many of these reports of leg-and-limb insurance are titillating urban myths, of course, and of those that are true you can be sure that a good percentage were just classic publicity stunts.

U.S. Online Life Insurance Searches Reach Record Numbers

Posted in Life Insurance

February 2nd, 2010
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A new press release from comScore Inc., a digital scoring company, revealed that life insurance search activity in 2009 increased by 15 percent, which is a new record.

According to comScore’s recent study, there were 16.6 million queries for life insurance information, which was significantly higher than the previous year.

Pros and Cons of Accidental Death and Dismemberment Insurance

Posted in Life Insurance

February 2nd, 2010
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Life insurance is one key element for estate planning, but may not cover those who perish due to an accident. That is where accidental death and dismemberment insurance kicks in.

Study Shows Life Insurance Customers Value Their Policies

Posted in Life Insurance

January 27th, 2010
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A December 2009 study from Prudential Financial, Inc. found that despite (and due to) insecurities related to finances, Americans have a growing interest in financial products that offer guarantees. Among those financial products, life insurance polices are particularly popular, that’s according to the life insurer’s study, Life Insurance – A Guarantee in Uncertain Times.

Life Insurance Around the World

Posted in Life Insurance

January 22nd, 2010
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Regardless of nationality, people everywhere want to protect themselves and their dependents from financial difficulties in the event of an emergency. Getting affordable life insurance is a big part of that, which is what makes it a world-wide phenomenon. Already well-established in the United States and Europe (where growth rates are mostly flat), life insurance sales are booming in so-called “emerging markets.” Countries like Brazil, Vietnam, India and China are seeing explosive growth in the number of life insurance policies being sold as their economies expand and mature.

AIG to Sell Life Insurance Unit to MetLife

Posted in AIG , Life Insurance

January 22nd, 2010
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Troubled insurer American International Group (AIG) is nearing an agreement to sell one of its international life insurance units to its rival MetLife, Inc. as soon as possible. The negotiations have been going on for several months, but it looks as though the two companies have settled on a deal that will result in $15 billion sell-off.

Top 5 Life Insurance Scams

Posted in Life Insurance

January 21st, 2010
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Life insurance is touted as a smart purchase for those wanting peace of mind regarding estate planning. Unfortunately, there are predators using the system to conduct life insurance fraud on unsuspecting victims. Annually, insurance fraud costs Americans at least $80 billion, so let’s take a look at how these scammers are stealing our money.

First Interactive e-Policy Solution for Life Insurance Announced

Posted in Life Insurance

January 20th, 2010
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iPipeline, which is leading on-demand software for the nation’s top insurance carriers, announced its launch of e-Policy Solution. e-Policy Solution is the first digital, interactive experience for policy delivery and is expected to used by 10 of the nation’s top insurance carriers.

What is e-Policy Solution?

Barclays Capital Views Life Insurance Sector as “Positive”

Posted in Life Insurance

January 15th, 2010
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After Hartford Financial’s shares rose by 95 cents on Tuesday, a Barclays Capital analyst upgraded his view of the life insurance sector from “Neutral” to “Positive.” However, reports show that the sector as awhole is not responding as quickly, even after the news from Barclays.

Hartford Financial Numbers Increase Due to Forecast