At various times in our lives we are encouraged to insure our lives to make sure that in the case of our untimely death, there is a lump sum of money available to provide our loved ones with a comfortable life or at least, not left with large bills left to pay.
There can be four […]
A joint venture with Capital Life has seen the approval of branches set up to sell insurance to the five and a half million plus residents of the provincial capital of Jinan and an estimated 91.8 million people across the rest of the province.
Most consumers shop for and buy life insurance without understanding how a life insurance company sets rates. Lifeinsure.com, however, brings customers behind the scenes and uncovers the inner workings of insurers. A good online life insurance agent, such as Lifeinsure.com, is the easiest and certainly the most accessible way to the find the best rates.
MYTH: […]
In the lengthy battle with Laci Peterson’s husband over the $250,000 life insurance policy, a judge in modesto, California has awarded the proceeds to Laci’s mother, Sharon Rocha.
Laci’s husband, Scott Peterson, who was convicted of killing Laci and their unborn child Christmas eve of 2002, maintains he is innocent and refuses to give up the […]
LIFE insurance companies from Cyprus will be paying around £4 million for all the relatives of the victims of Helios Airways flight ZU522, which crashed in Greece on August 14, killing all 121 passengers and crew members on board.
The Life Insurance Company Union in Cyprus has already reported 92 cases where victims were covered for […]
With the devastating effects of Hurricane Katrina, Forbes has announced it expects the Insurance industry will be hit with claims totalling more than $25billion making it the costliest storm in US history.
With such an enormous cost to the Insurance industry, customers can expect these costs to be passed on with an increase in premiums.
Lincoln Benefit Life Company, an Allstate Company, has decided to no longer issue new Lincoln Benefit Life branded long-term care insurance policies, effective October 31, 2005. Customers who have existing long-term care insurance policies with Lincoln Benefit Life Company will not be affected. They will continue to have their policies serviced through LifeCare Assurance, a […]
North American application activity for individually underwritten life insurance declined -3.1% in June, year-over-year, according to the MIB Life Index. It was the Index’s fifth consecutive monthly drop this year. Year-to-date, June application activity was off -3.3% for North America; off -3.4% and -2.7% for the U.S. and Canada, respectively. Second quarter applications (Apr.-June) U.S. […]
At a time when a section of the existing life insurance players prepare to exit from the intensely competitive market, new and strong players are warming up to take on the challenge.
Among the first of the new set of entrants could well be Punjab National Bank (PNB).
The RBI has given its go-ahead for the bank’s […]
Shriram Life Insurance Co, the recently formed joint venture between the Chennai-based Shriram Group and the Sanlam Group of South Africa, has obtained the licence to operate in the crowded life insurance market in the country.
The company, which received the R1 licence from the Insurance Regulatory and Development Authority (IRDA), is set to commence operations […]