Archive: July, 2012

On Life Insurance And Life Reinsurance

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On Life Insurance And Life ReinsuranceNews from Seeking Alpha: I get good questions from readers. Here’s one from this post: Is there a reason why life reinsurance companies are better positioned then life insurers? Don’t they face the same problems that they won’t be able to generate as they roll their portfolios into lower yielding [...]

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Lloyds mulls asset swap with life insurance arm

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Lloyds mulls asset swap with life insurance armNews from sources – Reuters: Link this Share this continues on sources – Reuters … Read the full article . . La. life insurance agent accused of fraud, rebating for commissionsNews from IFAwebnews.com: A life insurance agent in Louisiana allegedly obtained “tens of thousands of dollars” from in [...]

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Lifeline Direct Insurance Services Now Provides Instant Online Life Insurance …

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Lifeline Direct Insurance Services Now Provides Instant Online Life Insurance …News from Virtual-Strategy Magazine: Lifeline Direct Insurance Services, a nationally branded life insurance agency specializing in term life insurance, now provides instant online life insurance quotes for Arizona residents. San Diego, CA (PRWEB) July 27, 2012 Lifeline Direct Insurance Services provides client transparency in their [...]

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7 face charges in life insurance fraud scheme

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7 face charges in life insurance fraud schemeNews from WBXH: BATON ROUGE, LA (WAFB) – Seven people in Louisiana have been charged in a $ 100 million life insurance fraud scheme after an investigation by the FBI, IRS and Louisiana Office of Inspector General. The US Attorney’s Office – Middle District of Louisiana reported the [...]

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AFBA and 5Star Life Insurance Company’s Piers to Retire; Board Elects Singleton

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AFBA and 5Star Life Insurance Company’s Piers to Retire; Board Elects SingletonNews from Sacramento Bee: ALEXANDRIA, Va., July 24, 2012 – /PRNewswire/ — Armed Forces Benefit Association (AFBA) and 5Star Life Insurance Company today announced that Craig Piers has elected to retire as President of 5Star Life Insurance Company after 12 years of service with [...]

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AEGON Religare Life insurance launches online health plan ‘iHealth’

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AEGON Religare Life insurance launches online health plan ‘iHealth’News from Economic Times: MUMBAI: Private insurer AEGON Religare Life Insurance (ARLI) today launched an online health plan iHealth targeted at the ‘new age’ customer, who prefers a direct and convenient process while buying any financial product. “Our customer research showed us that key concerns among buyers [...]

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When Should You Purchase Life Insurance?

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When Should You Purchase Life Insurance?News from U.S. News & World Report: No one wants to admit that they could die prematurely. But the last thing you want is to not have the proper life insurance policy in place should disaster strike. Danny Kofke, a special education teacher in Jackson County, Ga., knew he needed [...]

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Donating life insurance to charity

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Donating life insurance to charityNews from Jamaica Gleaner: Oran A. Hall, Contributor I’m seeking further clarity on how life insurance donated to charity can be used as a form of tax break to the donor, and can I have more than one beneficiary on this policy? For example, I have a life insurance policy valued [...]

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Biz Brain: Irrevocable life insurance trusts explained – The Star-Ledger – NJ.com

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Biz Brain: Irrevocable life insurance trusts explained – The Star-Ledger – NJ.comNews from Biz Brain: Irrevocable life insurance trusts explained – The Star-Ledger – NJ.com: ABOUT NJ.COM • About Us Home • Advertise With Us • Advertising Agreement • Contact Us • Contests • Home page • Newsletters • Newspaper affiliates • Online Fraud Prevention [...]

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New norms for traditional life insurance products soon: IRDA chief

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New norms for traditional life insurance products soon: IRDA chiefNews from Hindu Business Line: Mr J. Hari Narayan, Chairman, IRDA. The regulator sees lack of clarity in certain class of products Hyderabad, July 19:  The insurance regulator has formed a joint working group with Life Insurance Council on norms for traditional products. “The group has [...]

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