Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Single-premium UL product debuts
By Staff WriterClients 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
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
April 17, 2008
IMSA memberships renewedAdherence to ethical standards is one way to stay in business for a long time. Those who offer only lip service to ethics often find themselves in trouble with regulators and consumers. With that in mind, insurance companies seek membership in
April 17, 2008
Ethics group renews MassMutualMassachusetts Mutual Life Insurance Co. has met the standards required to renew its membership in the standards-setting organization Insurance Marketplace Standards Association. Companies that wish to retain their IMSA designation must undergo an
April 17, 2008
Product adds return-of-premium riderAs people age, one of the concerns they begin to struggle with is becoming a burden to their family. They look for ways to avoid that possibility, and insurance products offer solid solutions. A new benefit offered by Lincoln Benefit Life Co.
April 17, 2008
Regulators zero in on zero premium lifeRegulators in Texas, Georgia, and North Carolina have warned agents to be careful when recommending so-called zero premium life transactions - or those with names such as "Estate Maximization" or "No-Cost-to-the-Insured" policies. These are