Archive: March, 2014

How To Choose Life Insurance

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How To Choose Life InsuranceNews from ValueWalk: How To Choose Life Insurance by David Merkel, CFA of Aleph Blog This was published in the “Ask Our Pros” column at RealMoney.  I don’t know when, and I don’t have the actual question, but looking at my answer, I think I know what was asked. I’ve been cheated in [...]

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Updated Research Report on China Life Insurance

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Updated Research Report on China Life InsuranceNews from Zacks.com: This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339. On Mar 27, 2014, we issued an updated research report on China Life Insurance Co. [...]

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Life insurance levels for some Allegheny County retirees questioned

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Life insurance levels for some Allegheny County retirees questionedNews from Pittsburgh Post Gazette: A question about life insurance policies for Allegheny County retirees that was raised earlier this month by Allegheny County Controller Chelsa Wagner continues to cause friction within county government. Most recently, at a meeting Wednesday night of county council’s budget and finance [...]

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3 Ill-Advised Reasons Not to Buy Life Insurance

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3 Ill-Advised Reasons Not to Buy Life InsuranceNews from U.S. News & World Report: A recent survey found that 1 in 5 middle-aged Americans don’t have a life insurance policy. The television commercials urging the public to buy life insurance may be self-serving and manipulative, featuring sad, middle-aged women who look pained that their dearly [...]

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5 Truths About Life Insurance That Will Surprise You

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5 Truths About Life Insurance That Will Surprise YouNews from TheStreet.com: NEW YORK (TheStreet) — Too many people seem strangely ambivalent about buying life insurance, and that’s a threat to their family’s and dependent’s financial safety. According to industry data, 85% of U.S. consumers say they should have life insurance, but only 62% say they [...]

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County board resolves life insurance issue

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County board resolves life insurance issueNews from Pittsburgh Post-Gazette: March 20, 2014 11:27 PM Share with others: A problem that cropped up with the life insurance plans for some Allegheny County retirees has been resolved, said John Weinstein, county treasurer and president of the Retirement Board of Allegheny County. He said letters will be sent [...]

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Tycoon Got $201 Million In Life Insurance. What Do You Need?

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Tycoon Got $ 201 Million In Life Insurance. What Do You Need?News from DailyFinance: Alamy Life insurance plays a valuable role in helping protect families from the financial impacts of an unexpected tragedy. For one billionaire, that was so attractive that it led to the biggest life insurance policy ever written. According to a CNBC [...]

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Donating Life Insurance

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Donating Life InsuranceNews from WealthManagement.com: It’s possible for philanthropic-minded clients to donate their life insurance to charity and get an attractive tax deduction. And not just for high-net-worth clients. Say your client paid in $ 50,000 in premiums for a $ 300,000 death benefit over the years. When the client dies, the charity may get [...]

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Silicon Valley-based billionaire sets Guinness record with $201 million life …

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Silicon Valley-based billionaire sets Guinness record with $ 201 million life …News from New York Daily News: Tom Schmucker/Getty Images/iStockphoto The identity of the billionaire with the richest life insurance policy is being kept secret. And the award for happiest mourners goes to … A well-known Silicon Valley-based billionaire has set a Guinness World Record [...]

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Silicon Valley billionaire sets record with $201 million life insurance policy …

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Silicon Valley billionaire sets record with $ 201 million life insurance policy …News from San Jose Mercury News: Is it Larry Ellison? Elon Musk? Zuck? Somewhere in Silicon Valley, a “mystery billionaire” has bought what the Guinness Book of World Records says is the most valuable life insurance policy in history: A pact that will [...]

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