EQuote, an online provider of life insurance recently expanded their operation to include annuities and long-term care insurance (LTC).
EQuote, a forum where brokers are able to shop for the lowest rates among major carriers, prides itself on expediting the process and availing customers of choices quickly.
The site also includes explanations of certain life insurance products as well as annuities and LTC products; a crucial component for customers when purchasing annuities due to the rampant misconceptions regarding the vehicles.
FBL Financial Group (FBL) a provider of annuities and life insurance to both institutions and individuals, recently announced the results of its Class B tender offer which expired on Sept. 25. FBL will repurchase 1,023,948 shares of Class B common stock at a price of $45.33 per shared for a total cost of $46.4 million. In addition to that, 105,930 shares of Class B common stock will be converted to Class A common stock.