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Tag: Life insurance

Primus CEO still keen on buying AIG’s Nan Shan

by admin on Sep.05, 2010, under Life and Health insurance

TAIPEI (MarketWatch) — Primus Financial Holdings Ltd., whose US$2.15 billion bid for Nan Shan Life Insurance Co. jointly launched with China Strategic Holdings Ltd. (0235.HK) was rejected by Taiwan’s government earlier this week, “remains committed to the transaction,” Robert Morse, chief executive of private equity firm, told CNBC in an interview broadcast Thursday.

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Group life insurance a common workplace benefit

by admin on Sep.05, 2010, under Life and Health insurance

Do you know what fringe benefits your employer provides you? Do you know the tax treatment each benefit gets and the taxation that can result from these benefits?

The most common group benefit in our economy is group life insurance. Generally, the first $50,000 of such coverage that the employer pays for is tax-free. Anything in excess of that amount that is paid for by the employer is taxed to the employee at very favorable tax rates. Of course, any premium paid by the employee for that excess coverage reduces the tax otherwise owed.

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Sun Life Assurance Company of Canada announces intention to redeem 6.65% Debentures, Series 3, due O…

by admin on Sep.05, 2010, under Life and Health insurance

TORONTO , Sept. 2 /PRNewswire-FirstCall/ - Sun Life Assurance Company of Canada (”Sun Life Assurance”) today announced that it will redeem all of the outstanding $300 million principal amount of 6.65% Debentures, Series 3, due October 12, 2015 , (the “Debentures”) issued by Clarica Life Insurance Company (”Clarica”), in accordance with the redemption terms attached to the Debentures.

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Fitch Affirms Cincinnati Financial Corporation Ratings; Outlook Stable

by admin on Sep.05, 2010, under Life and Health insurance

CHICAGO, Sep 02, 2010 (BUSINESS WIRE) — Fitch Ratings has affirmed the Issuer Default Rating (IDR) of Cincinnati Financial Corporation (CFC) at ‘A-’ and its senior debt ratings at ‘BBB+’. Additionally, Fitch has affirmed the Insurer Financial Strength (IFS) ratings of CFC’s three standard market property and casualty insurance subsidiaries led by The Cincinnati Insurance Company (CIC) and its life insurance subsidiary, The Cincinnati Life Insurance Company, at ‘A+’. A list of all ratings is detailed below. The Rating Outlook is Stable.

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As Life Insurance Participation Grows, Worker Understanding Lags

by admin on Sep.05, 2010, under Life and Health insurance

The national participation rate in life insurance plans rose from 64 to 69 percent between 2009 and 2010, the Hartford Financial Group says - but lower-income, less-educated workers may be missing out.

That’s because workers with less education and lower salaries were the least likely to say they fully understood the benefits of life insurance. The Hartford found that just 30 percent of people with only a high-school education completely understood life insurance; similarly, only 29 percent of workers earning less than $50,000 were fully apprised of its benefits.

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What are the advantages to having life insurance?

by admin on Sep.04, 2010, under Life and Health insurance

Life insurance can be an important asset to have, no matter where you are in life.

If you have a family of your own, life insurance can help your family survive financially if they didn’t have your income to support them any longer. And for retirees, life insurance can benefit surviving family members, can be used to support any funeral expenses, or, for some kinds of life insurance, can be used to fund activities like college tuition or a down payment on a house.

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Vital Details About Life Insurance

by admin on Sep.04, 2010, under Life and Health insurance

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Submitted September 2nd 2010 & consists of 606 words.

Located in our collection of insurance-finances articles.

One of the biggest concerns a lot of people have is what will happen to their loved ones if they were to meet an untimely demise. This is why life insurance is a very important thing to think about. There are some things that need to be taken into consideration when you do this and we will look at some of those below.

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Instant Term Life Insurance Quotes – Get Low Cost Life Insurance Policies Instantly

by admin on Sep.04, 2010, under Life and Health insurance

searching on Instant Term Life Insurance Quotes?? pc Real life insurance plan’s a leading part of sealing The best loved ones’ futures.? The perfect life insurance Design offer if you need a special loved one In the course of that will times.? The relationship insurance policy Is most probably Since So that it will procure All Experience unemployment stableness of any Family unit When you decide Really qualified to.? A significant benefit relatively crucial that you conclude exstinguished the style the superior policies accessible are.? a suitable insurance policies won’t satisfy Your individual family’s Desires adequately.

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No life insurance m? MEDICAL

by admin on Sep.04, 2010, under Life and Health insurance

When applying for life insurance many life insurance companies require you to answer medical related questions and / or to undergo a medical examination as part of the application process. These medical examinations are often required as proof of your health status as given on your application form. They are used by the life insurance companies to help them decide upon the insurance premium you’ll be charged for your life cover, and in some instances, as to whether you will be given life insurance at all.

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Term Life Insurance | Insurance Which is Not Expensive

by admin on Sep.04, 2010, under Life and Health insurance

Posted on02 September 2010. Tags: Expensive , Insurance , Life , Term

Term Life Insurance | Insurance Which is Not Expensive

A person can find end number of different types of insurance policies in the market today, depending on the needs and requirements of the person he can choose one among all the insurance policies available. One among all these is term life insurance which is much in demand when compared to other types of insurance policies.

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