You are probably wondering if there are ways for you to reduce your life insurance premium. The current rate that you are paying is already too much of a burden as there are other financial matters that you have to prioritize. You are probably in the verge of calling the insurance company to stop the […]
The very word, life insurance, is self explanatory. “Our prime objective is to safeguard our lives and that of our family, by making a financial provision for them following our death”, founder of Insure4USA.com stated. Of all the various kinds of insurance in the market, life insurance is the most important. The benefits that you […]
Annualized life insurance premium sales fell 23% in the first half of the year, the steepest slump in 67 years, but the rate of decline in the second quarter slowed from the quarter before, an industry association said Monday. Life insurers have been battered the past year by billions of dollars in investment losses and […]
Life insurers, which have come under financial strain in recent months amid as their capital levels have declined and credit markets have frozen, may soon be eligible to receive government bailout money. A financial industry source close to the TARP process told FOX Business that the Treasury Department would give money from the Troubled Asset […]
(Reuters) – Fund managers who buy U.S. life insurance policies to cash in the death benefits have predicted a bumper year in 2009 as investors seek uncorrelated alternatives to mainstream markets. Supply is also is expected to increase as more individuals, stung by tumbling investment portfolios, could sell their policies at discounted prices.
In terms of personal pleasures, buying life insurance doesn’t usually fall in the same category as buying a new car or a new wardrobe. However, despite its lack of glamour and prestige, the decision to buy life insurance can be infinitely more important to a family and its future financial security. Before you begin your […]
New York – based American International Group has announced an agreement to sell AIG Life Insurance Co. of Canada to BMO Financial Group. AIG Life of Canada, headquartered in Toronto, Canada, offers various insurance and wealth products, including universal life and term life insurance plans, critical illness plans, permanent plans and immediate annuities.