NU Online News Service, Nov. 14, 2003, 12:59 p.m. EST – Life insurance industry icon Sidney Friedman passed away Thursday after a long battle with cancer and coronary heart disease.
Friedman, 68, grew up in a poor family in Brooklyn on government relief. He made becoming financially independent his lifetime goal. Friedman went on to build one of the insurance industry’s top producing organizations, Corporate Financial Services, Philadelphia.
Friedman had a strong desire to give back to the industry that gave him the opportunity to be successful. He served as president of the International Top of The Table, the Twenty Five Million Dollar International Forum and the Association of Advanced Life Underwriting. He was the author of five books on the topic of selling, was a much sought after motivational speaker, and often appeared in industry trade publications?including The National Underwriter. Friedman was recognized by Forbes magazine as “one of corporate America’s most powerful people.”
Friedman was committed to continuing his education throughout his career. After earning his bachelor’s degree in financial services from New York University in 1957, he went on to earn several professional designations, including the Chartered Life Underwriter, Chartered Financial Consultant, Registered Health Underwriter and Life Underwriter Training Counsel Fellow designations.
Most recently, at the age of 60, Friedman earned a master of science degree in financial services from The American College.
In his local community, Friedman founded the Philadelphia branch of the Make-A-Wish Foundation.
Funeral services will be held Sunday.
Contributions in Friedman’s memory can be made to The Freidman Charitable Foundation, 20 Lane of Acres, Haddonfield, N.J. 08033. Donations will go toward cancer research and the Make-A-Wish foundation.