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Yahoo! News - life insurance
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5 Life Insurance Strategies for Retirement Planning
Posted: September 2nd, 2010, 11:02am CDT
Here’s what to do with a life insurance policy after your children leave home. -
Get the right amount of life insurance
Posted: September 2nd, 2010, 10:38am CDT
QUESTION: My husband and I own our home, plus we have two rental homes and two investment homes that are now for sale. My husband recently cashed out his whole life policy and ended up with around $6,000. Given the assets we own and the fact that we have a $250,000 line of credit, my husband feels we don't need life insurance any longer, so he also wants to terminate my policy. I think we still ... -
Allianz Life Hires Julia Gutz Moller as Senior Director of US Marketing
Posted: September 2nd, 2010, 10:30am CDT
MINNEAPOLIS----Allianz Life Insurance Company of North America today named Julia Gutz Moller as the new senior director of US Marketing. In this role, Gutz Moller will be responsible for the advertising and marketing plans across all Allianz operating entities in the US. -
Life Quotes: Some Life Insurance Rates Remain at All-Time Lows; Great Deals Still Abound For Life Insurance Shoppers
Posted: September 2nd, 2010, 5:00am CDT
Life Quotes, Inc. announced today the results of a new a new survey of 30 leading life insurance companies that has revealed that some life insurance rates, which have been creeping up over the past 24 months after falling for ten consecutive years, still remain at all-time lows. -
IndiaFirst Life to expand distribution reach
Posted: September 2nd, 2010, 3:30am CDT
IndiaFirst Life Insurance, a three-way joint venture of Andhra Bank, Bank of Baroda and British financial institution Legal and General, will open 12 new branches to sell its insurance plans. -
Life Insurance Awareness Month: A Good Time to Reassess Your Insurance Needs
Posted: September 1st, 2010, 2:59pm CDT
Today marks the start of Life Insurance Awareness Month, which means it’s a good time to think about what life insurance means to you and your family. -
Is Your Life Insurance Policy Adequate?
Posted: September 1st, 2010, 9:10am CDT
DES MOINES, Iowa----New research shows the majority of American workers have life insurance coverage on themselves, but over a third of those individuals are not confident they have an adequate amount of coverage according to recent findings from the Principal Financial Well-Being IndexSM. -
Don't lie: Your Life Insurance Depends On it
Posted: September 1st, 2010, 8:58am CDT
Your medical decisions won't block a life insurance claim, but fraud's another matter. Don't do it. -
AccuQuote Recognizes Life Insurance Awareness Month
Posted: September 1st, 2010, 2:01am CDT
AccuQuote, a leader in providing term life insurance quotes to people across the United States, recognizes Life Insurance Awareness Month. The multi-carrier life insurance quoting and brokerage firm encourages consumers to use the month of September as an opportunity to review their life insurance needs. -
A.M. Best Places Ratings of CIGNA Life Insurance Company of Europe S.A. – N.V. under Review with Positive Implications
Posted: August 31st, 2010, 11:36am CDT
LONDON--(BUSINESS WIRE)--A.M. Best Co. has placed the financial strength rating of B++ (Good) and issuer credit rating of “bbb+” of CIGNA Life Insurance Company of Europe S.A. – N.V. (CLICE) (Belgium) under review with positive implications. The rating actions follow the acquisition of Vanbreda International NV by the CIGNA group. Although the acquired company will be held as a sister company to ... -
Working Parents with Minor Children Have More Life Insurance Coverage on Dad Than on Mom, According to MetLife Study
Posted: August 31st, 2010, 7:45am CDT
NEW YORK----A MetLife study has found that a gender gap in life insurance coverage exists between working, married men and women with children under the age of 18. According to findings released today from MetLife’s 8th Annual Study of Employee Benefits Trends, married men with minor children have, on average, five times their annual household income in life insurance coverage – if they have ... -
Insure.com Examines 8 Life Insurance Myths
Posted: August 31st, 2010, 6:30am CDT
Understanding common life insurance myths can help steer your insurance decisions in the right direction. -
Austin Ventures Forms Life Insurance Distribution Company With Bob Carter
Posted: August 31st, 2010, 5:03am CDT
AUSTIN, TX--(Marketwire - 08/31/10) - Austin Ventures, one of the nation's leading growth equity firms, announced today that it has formed a life insurance distribution company with Bob Carter, co-founder of National Financial Partners (NYSE). This new company will provide exclusive ownership opportunities for the nation's leading independent insurance producers. AV has invested $5 million and ... -
Many in U.S. can't afford life insurance
Posted: August 31st, 2010, 4:01am CDT
Thirty percent of U.S. households have no life insurance, and only 44 percent have individual life insurance -- both 50-year lows -- the latest survey from industry tracker Limra found. In 2009, insurance companies issued 9.4 million individual life insurance policies in the U.S., 1 million fewer than in 2004. -
Life Insurance Ownership Reaches 50 Year Low: AccuQuote Illustrates Ways to Save on Life Insurance During Hard ...
Posted: August 31st, 2010, 2:01am CDT
Nearly half of U.S. households would have immediate financial trouble if the primary breadwinner died today, according to LIMRA. AccuQuote, a leader in providing term life insurance quotes to people across the country, illustrates ways to save on life insurance during hard economic times. -
Ocean Life Insurance (Thailand) Selects Mastek's ElixirAsia Policy Administration System as its IT Platform for Growth
Posted: August 30th, 2010, 9:01pm CDT
- OLI set to Improve Operational Efficiency and Gear up for Growth in the Thai Market - ElixirAsia Policy Administration System implementation to Cover Both Individual Life and Group Life -
Americans Households With Life Insurance Hits 50-Year Low
Posted: August 30th, 2010, 5:42pm CDT
The number of American households with individual life insurance has hit a 50-year low, according to the Windsor-based trade research firm Limra. -
Shelter Life Insurance Company again ranked among 'Top' 50 in nation
Posted: August 29th, 2010, 11:01pm CDT
COLUMBIA, Mo. -- Shelter Life Insurance Company, which has a branch in Greencastle, has been recognized by Ward Group as a top-performing life insurer for the fourth consecutive year. The "Ward's 50"... -
Ferguson-Florissant superintendent gets health insurance for life
Posted: August 28th, 2010, 2:11pm CDT
When Ferguson-Florissant Superintendent Jeff Spiegel retires atthe end of this school year at age 56, he'll leave the districtwith the rare benefit of health insurance coverage for the rest ofhis life. -
Three LIC officials killed in road accident
Posted: August 28th, 2010, 9:45am CDT
Three Life Insurance Corporation (LIC) officials were killed and one was critically injured when a truck hit their car in this Jharkhand city Saturday, police said. -
Life Insurance Corporation of India crosses One Crore Individual Policies mark
Posted: August 28th, 2010, 12:09am CDT
Bangalore, Aug 27: India's largest life insurer, Life Insurance Corporation of India, has crossed of One crore mark Individual Policies for the current financial year, with First Premium Income of Rs 15,917 crore in the fortnight ended August 14, 2010. -
China Life Insurance Closed At A New 52-Week Low
Posted: August 27th, 2010, 6:57am CDT
China Life Insurance (LFC) gapped open sharply lower Thursday, but traded in a range for the bulk of the session. The stock closed down by 2.24 at $59.01 on strong volume. -
China Life braced for rough ride
Posted: August 27th, 2010, 2:34am CDT
China Life Insurance (2628) expects a more complex market environment in the second half, amid low bond yields and volatile stock markets. -
China Life not keen on AIA stake buy
Posted: August 26th, 2010, 7:38pm CDT
China Life Insurance Co on Thursday reiterated that it has no plans to buy a stake in American International Assurance (AIA), a subsidiary of American International Group (AIG). -
Ergo looking for partners to start life insurance business
Posted: August 26th, 2010, 6:16am CDT
German insurance group Ergo is scouting for partners to enter the Indian life insurance business. -
China Life Shares Falls Most in Nine Months; Citigroup Says Profit `Weak'
Posted: August 26th, 2010, 3:13am CDT
China Life Insurance Co. , the nation’s biggest insurer, fell the most in nine months in Hong Kong trading after Citigroup Inc. said first-half earnings were “weak” and cut the share-price estimate by 12 percent. -
China Life first-half profit up 7.4 percent
Posted: August 25th, 2010, 10:10pm CDT
China Life Insurance Co., the country's biggest life insurer, said Thursday its first-half profit rose 7.4 percent as premium growth offset weak stock market returns. -
U.S. Life Insurance Policy Sales Gain 7%, Extending Rebound From 2009 Dip
Posted: August 25th, 2010, 11:08am CDT
U.S. life insurance sales rose 7 percent in the three months ended June 30, the second straight quarter of growth, as clients returned to buying policies after a slump last year. -
The Penn Mutual Life Insurance Company Marks 90th Anniversary of Women’s Right to Vote with New Worth® Survey Findings ...
Posted: August 25th, 2010, 4:00am CDT
The Penn Mutual Life Insurance Company commemorates the 90-year anniversary of the passing of the 19th Amendment with new findings from its second annual Worth® Survey for Women, which found that 71 percent of women surveyed believe they are independent. These women also report being on or ahead of target when it comes to achieving financial goals. -
IDBI Fortis Life Insurance renamed
Posted: August 24th, 2010, 4:57pm CDT
MUMBAI: IDBI Fortis Life Insurance Co. has changed its name to IDBI Federal Life Insurance Co. Ltd. IDBI Fortis is a joint venture of IDBI Bank, Federal Bank and Fortis Insurance International. The name change follows Fortis' decision to globally change its name to Ageas this year. -
Online life insurance searches grow by 15 percent
Posted: August 24th, 2010, 3:56pm CDT
Searches for life insurance information grew to 16.6 million queries last year, an increase of 15 percent over 2008, according to comScore.The online market research firm also says that during the same time period, consumers requested more than 2 million online quotes for life insurance. ... -
Blended life insurance: 2 policies in 1
Posted: August 24th, 2010, 6:55am CDT
Blended life: best of both worlds? Life insurance gives you peace of mind but can also cost a bundle, especially if you want a policy that covers you throughout your lifetime. -
Reliance Life Insurance assets cross Rs.15,000 crore
Posted: August 23rd, 2010, 8:30am CDT
Reliance Life Insurance Company (RLIC), part of Anil Ambani-led Reliance Capital, Monday said it has crossed the milestone figure of Rs.15,000 crore in assets under management (AUM) and plans to double this by 2011-12. -
Low investment income to dog top mainland insurers
Posted: August 23rd, 2010, 2:30am CDT
Ping An Insurance (2318) and China Life Insurance (2628) are expected to see first-half net profit growth offset by lower investment income, analysts said. -
Aviva to renew household insurance products distribution with Santander
Posted: August 23rd, 2010, 1:36am CDT
UK-based insurer Aviva has rejected a proposal from RSA to acquire its general insurance businesses ... Aegon, a provider of life insurance and pensions services, has adopted SkySparc' business intelligen ... -
Health insurance for college students generating coverage, controversy
Posted: August 23rd, 2010, 1:34am CDT
A national anti-abortion group is asking Gov. Bev Perdue to look into the details of a new [University of North Carolina] system requirement that all students have health insurance. Students for Life of America has asked Perdue to investigate a number of issues surrounding the UNC system's new health insurance program for students. -
Shikhar Balwani's This Week in India: India's private insurers run for cover
Posted: August 22nd, 2010, 6:41pm CDT
Come September, and Indias life-insurance industry will undergo a major overhaul, as new regulations governing the popular unit-linked insurance products, or ULIPs, take effect. -
PSU insurance employees to get 17.5% wage hike
Posted: August 22nd, 2010, 1:39pm CDT
The employees of public sector general insurance companies and Life Insurance Corporation (LIC) are set to get a 17.5 per cent wage hike with the government nod to this effect likely in September. The four public sector insurance companies have submitted the report to the finance ministry on August 17 asking for a 17.5 per cent across the board wage hike. -
PSU insurance employees to get 17.5 pc wage hike
Posted: August 22nd, 2010, 3:25am CDT
New Delhi, Aug 22 (PTI) The employees of public sector general insurance companies and Life Insurance Corporation (LIC) are set to get a 17.5 per cent wage hike with the Government nod to this effect likely in September. -
Reliance Life Insurance to infuse Rs 250 cr this fiscal
Posted: August 22nd, 2010, 1:27am CDT
New Delhi, Aug 22 (PTI) Anil Ambani Group company Reliance Life Insurance will infuse Rs 250 crore to fund business expansion plans in FY'11, out of which Rs 70 crore was pumped in during the first quarter itself. -
Insurance: Tax benefits on life policies expanded
Posted: August 20th, 2010, 12:27pm CDT
Congress values the benefits of life insurance. This is evident from the favorable tax treatment afforded such insurance. To name a few tax advantages: -
Non-life premiums climb
Posted: August 20th, 2010, 2:19am CDT
VietNamNet Bridge Non-life insurance revenue reached VND8.24 trillion (US$429.21 million) in the first six months of this year, the Association of Vietnamese Insurers announced on Monday. -
A Life Insurance Love Letter
Posted: August 19th, 2010, 3:47pm CDT
I have the honor of serving as the 2010 chairman of the Life and Health Insurance Foundation for Education. LIFE is a national nonprofit dedicated to ... -
Track-Life Secures Multi-Billion Dollar Life Settlement Servicing Engagement
Posted: August 19th, 2010, 11:25am CDT
ATLANTA----Track-Life, LLC today announced that the company recently secured a contract to service a multi-billion dollar life insurance settlement portfolio. Company executives believe it is one of the largest life settlement servicing engagements in recent industry history. -
Japan's Taiyo Life Insurance Implements IBM for Cloud Initiative
Posted: August 19th, 2010, 11:12am CDT
The Japan-based insurer, along with its technology partner T&D Information Systems, is also working on an outsourcing program. -
Research and Markets: Indian Life Insurance Sector: Sector Report
Posted: August 19th, 2010, 11:05am CDT
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/e0db0c/indian_life_insura) has announced the addition of the "Indian Life Insurance Sector: Sector Report" report to their offering. This industry profile is an essential tool to help your company gain an in-depth knowledge and competitive advantage in the industry. The profile is ... -
IBM to Renew Application Environment for Taiyo Life Insurance Through Desktop Cloud Utilization
Posted: August 19th, 2010, 10:08am CDT
ARMONK, N.Y., Aug. 19 /PRNewswire-FirstCall/ -- IBM (NYSE: IBM) and Taiyo Life Insurance and T&D Information System today announced that the companies have built a virtual client environment in order to improve the operational workflow of Taiyo Life Insurance by utilizing the IBM Smart Business Desktop. The new environment began operation on July 20, 2010. (Logo: http://photos ... -
Allianz Life Promotes Marty Vanderzanden to Director of Special Investigations
Posted: August 19th, 2010, 9:24am CDT
MINNEAPOLIS----Allianz Life Insurance Company of North America today named Marty Vanderzanden as the new director of Special Investigations. In this role, Vanderzanden will be responsible for assessing the companys exposure to fraud and will manage the investigations of all fraud allegations. -
Life insurance sales boost earnings at AMP
Posted: August 18th, 2010, 7:27pm CDT
A rush on life insurance sales to beat the July 1 tax changes helped drive the almost 40% rise in half-year earnings for AMP Financial Services. The wealth manager and insurer today revealed operating earnings of $41 million for the six months to June 30 up $12 million or just under 39% on the same time last year. AMPs New Zealand managing director Jack Regan said the increase was driven by ... -
How Debits and Credits Affect Life Insurance Rates
Posted: August 18th, 2010, 10:51am CDT
Life insurance companies generally use a system of "debits and credits" to determine the bottom line for life insurance premiums.