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Insurance Company to Focus on Diabetes Life Insurance

Posted in Life Insurance

April 20th, 2010
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Wholesale Insurance has announced its decision to place its focus on individuals with diabetes and other serious diseases. This strategy differs from most life insurance companies that focus on finding life insurance protection only for healthy individuals.

History of National Life Insurance

Posted in Life Insurance , Life Insurance Companies

April 15th, 2010
1 Comment

When thinking about Vermont, visions of maple syrup, Fall foliage and Ben and Jerry’s ice cream may fill your mind.

AIG CEO Says Company on Strong Bailout Repayment Path

Posted in AIG , Life Insurance

April 13th, 2010
1 Comment

Robert Benmosche, CEO of American International Group Inc. (AIG) recently announced that the company would become less reliant on U.S. aid as it sell its units, borrows from debt markets and works hard to strengthen operations it intends to hold on to. On a strong path to repaying the $182.3 billion it received in rescue funds, Benmosche said that AIG will hold up its end of the bargain sooner than later.

Life Insurance: Settlement Investments on the Rise

Posted in Life Insurance

April 9th, 2010
2 Comments

It seems that life insurance settlements have become the new cash crop for investments looking to make some money. Unfortunately, the major profit investors gain from these unique life insurance policies are hedging bets on someones death.

What Are Life Insurance Settlements?

Life Insurance Coverage: Employers Being Asked to Close Gap

Posted in Life Insurance , Met Life

April 7th, 2010
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On Wednesday, MetLife announced the availability of a new resource that would highlight the consequences of inadequate life insurance coverage from the beneficiarys perspective. The resource is aimed toward employers who offer life insurance and asks that they take on some responsibility to help employees build a strong financial safety net.

Life Insurance News: Insurers Not Happy about Pre-Funded Systemic Risk Plan

Posted in Life Insurance , Life Insurance Companies

April 1st, 2010
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U.S. life insurers are not thrilled about a proposed pre-funded systemic risk plan that could result in major companies paying millions of dollars to liquidate the industry. Unfortunately, if the plan was approved and life insurance companies were obligated to pay into this fund, it could have an effect down the line on how much customers were obligated to pay.

Insurance Information Institute Says Empty Nesters Still Need Life Insurance

Posted in Life Insurance , Term Insurance

March 30th, 2010
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If youve been thinking about dropping your life insurance coverage because your youngest offspring has flown the coop, youd better think twice. According to the Insurance Information Institute (III), dropping your life insurance when your 18-year-old leaves home could leave your family vulnerable to serious financial problems.

Insurance Industry Pushes Lobbying Efforts for Various U.S. Reforms

Posted in Life Insurance

March 26th, 2010
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With the insurance industry getting what they feel is the short end of the stick with recent U.S. reforms, theyre kicking their lobbying efforts into overdrive as new reforms come up for discussion. The question is, will their millions of dollars spent on lobbying efforts good news for them, work in the publics favor, or work in the interest of all involved?

Life Insurance Policyholders: MetLife Plans to Pay $1.5 Billion to Those Eligible

Posted in Life Insurance

March 23rd, 2010
1 Comment

Insurer MetLife, Inc. announced last week that it plans tomake approximately $1.5 billion in policy dividend payments to eligible life insurance policy holders for 2010. The policy dividend payments will bedistributed by the companys life insurance subsidiary, Metropolitan Life Insurance Company.

When is the Right Time to Purchase Life Insurance?

Posted in Life Insurance

March 22nd, 2010
1 Comment

Deciding when to buy a life insurance policy can be a morbid task. No one wants to think about his or her mortality, and when it comes to life insurance, not everyone has to. If you happen to be young, single and have no one relying on you financially, feel free to use your money as you wish as buying life insurance would surely be a waste of your hard earned cash. However, if you are the breadwinner in your family, then anytime is the right time to purchase life insurance.