Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Kanjorski Files Insurance Office Bill
By Arthur D. PostalRep. Paul Kanjorski, D-Pa., followed through on an earlier announcement Thursday and introduced a bill that would set up an Office of Insurance Information inside ...
April 17, 2008
Top index annuity carriers rankedIndex annuity sales were down in the first quarter of 2007, according to the Advantage Index Sales Market Report, issued by Advantage Compendium. The $5.73 billion in sales marked a 9 percent drop from the same period last year and a 4 percent drop
April 17, 2008
Single-premium UL product debutsClients who want to build legacy assets with a single-premium policy have a new option. New York Life Insurance and Annuity Corp. introduced Instant Legacy, a single-premium universal life policy designed to give customers the chance to convert and
April 17, 2008
Variable annuity debuts with lower costsA partnership between Advisor Resources (a division of Aegon) and Transamerica Life Insurance Co. has resulted in a new, lower-cost variable annuity. Dubbed the Transamerica Advisor Elite, the annuity has no surrender fees and no front-end
April 17, 2008
Term life with a twistIn an effort to meet the needs of people who shy away from term life insurance because they think they may never need it, ING has introduced a return-of-premium term life policy. Designed to act like traditional term - with a fixed death benefit,
April 17, 2008
Index-linked UL product debutsCalling it a policy that appeals to business owners and those who are looking at various estate planning options, ING introduced its Indexed Strategic Accumulator Universal Life policy. In addition to a fixed component where interest credited to the
April 17, 2008
Product enhances wealth transferWealth management and wealth transfer are two hot topics in the world of financial planning. A new product from Symetra Life Insurance Co. (designed with the help of Future System Advisors) may be able to help advisors who work with high-net-worth
April 17, 2008
Company to pay record dividendThe Guardian Life Insurance Co. has been in existence since 1860, so it has a long history. The year 2007 will mark a record for the 146-yearold company. Participating policyholders will share in a record dividend payment of $618 million, a $41