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life insurance

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BNET Business Dictionary

Life Insurance
insurance that pays a specified sum to the insured person's beneficiaries after the person's death.
Life Insurance definition on BNET »

BNET Resources

MetLife to Pay Eligible Life Insurance Policyholders $1.7 Billion in Policy Dividends
NEW YORK -- MetLife, Inc. (NYSE: MET) announced today that three of its life insurance subsidiaries (Metropolitan Life Insurance Company, New England Life Insurance Company and General American Life Insurance Company) will pay an aggregate amount of approximately $1.7 billion in policy dividend payments to eligible life insurance policyholders for...
Tags: dividend, life insurance, MetLife Inc.
Research articles 2007-12-17
Retirees may be untapped life insurance market; Prudential targets retirement 'red zone'.(News)
Byline: Gary S. Mogel Life isn't just for the young, and neither is life insurance. About 60% of 1,000 people close to retirement said they needed life insurance to provide for a dependent such as a child...
Tags: insurance, life insurance, Prudential Insurance Company of America
Research articles 2006-09-18
Agents and insurers wary of gene-based tests; Quest backs off notion of genetic testing for life insurance buyers.(News)
Byline: Gary S. Mogel NEW YORK - Comments by the head of a major diagnostic laboratory relating to the potential expansion of genetic testing in life insurance have many in the industry wondering whether it's a good idea. ...
Tags: agent, life insurance, Quest Diagnostics Inc.
Research articles 2005-08-29
MetLife to Pay Eligible Life Insurance Policyholders $1.7 Billion in Policy Dividends
NEW YORK -- MetLife, Inc. (NYSE: MET) announced today that its life insurance subsidiaries (Metropolitan Life Insurance Company, New England Life Insurance Company and General Life Insurance Company) will pay an aggregate amount of approximately $1.7 billion in policy dividend payments to eligible life insurance participating policyholders for 2007.
Tags: dividend, life insurance, MetLife Inc.
Research articles 2006-12-21
Americans are underprepared yet optimistic.(Short Interests)
Byline: Gary S. Mogel NEW YORK - Most people think that they have enough life insurance, but they are wrong. That was among the key findings of the "Family Financial Forecast'' survey conducted in April by...
Tags: life insurance, State Farm Mutual Automobile Insurance Co., survey
Research articles 2005-09-26
Aviva USA Announces Extension of Relationship With Mayo Clinic Health Solutions to Support "Wellness for Life," a Unique Life Insurance Product Designed to Personally Reward People for Staying Healthy
Aviva Also Working With Emmy Award-Winning Journalist Stephanie Riggs to Launch Innovative Life Insurance Program
Tags: Aviva Plc., health care, life insurance, Mayo Clinic
Research articles 2008-06-11
One on One With Michael L. Kalen of Hartford Life Inc.(One on One)
Byline: Gary S. Mogel Life insurance is the straw that stirs many of the drinks that financial advisers make for their clients. In estate planning, business continuation strategies, trust funding and tax-advantaged asset accumulation, li ...
Tags: advisor, financial, life insurance, Prudential Insurance Company of America
Research articles 2004-10-11
Park Electrochemical Corp. Announces Termination of Insurance Arrangement With Founder and Former Chairman
MELVILLE, N.Y. -- Park Electrochemical Corp. (NYSE:PKE) announced that it had terminated a split-dollar life insurance arrangement with Jerry Shore, the founder and former Chairman of the Board, President and Chief Executive Officer of Park. The insurance arrangement, which involved two life insurance policies payable on the death of the...
Tags: insurance, life insurance, Park, termination
Research articles 2006-08-24
Prudential Financial Airs Life Insurance Ads with a Twist; One Television Ad With Two Different Endings
NEWARK, N.J. -- Prudential Financial, Inc. (NYSE: PRU) has introduced a thought-provoking ad campaign featuring a father-son exchange about life insurance. The ad features a dad and his young son watching TV together. Seeing a life insurance ad from The Prudential Insurance Company of America prompts the boy to ask,...
Tags: advertisement, life insurance, Prudential Insurance Company of America, TV
Research articles 2005-09-22
New Travel Assistance Services Help Employers Boost the Value of Their Liberty Mutual Group Life Insurance Programs
BOSTON -- For the first time, a comprehensive suite of travel assistance services is available to employees covered under Liberty Mutual group life insurance policies, whether they travel for business or pleasure.
Tags: insurance, Liberty Mutual Group, life insurance
Research articles 2008-04-02
Goldman Sachs to Acquire Allmerica's Variable Life Insurance and Variable Annuity Business
NEW YORK -- The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it has agreed to acquire the variable life insurance and variable annuity business of Allmerica Financial Corporation (NYSE: AFC), including the wholly-owned life insurance subsidiary, Allmerica Financial Life Insurance and Annuity Company. The transaction is expected to...
Tags: life insurance, annuity, Goldman Sachs Group Inc.
Research articles 2005-08-22
Senate panel modifies COLI provision and the industry applauds.(D.C. Dispatch)(Life insurance industry)
The life insurance industry is applauding the Senate Finance Committee for agreeing to modify a recently approved corporate-owned life insurance provision that has chilled the COLI market. The life insurance industry is applauding the Senate Finance Committee for agreeing to modify a recently approved...
Tags: life insurance, U.S. Senate
Research articles 2003-10-06
Fortis launches life insurance in Russia
Fortis today announced that it has launched a new life insurance company - Fortis Life Insurance - in Russia.
Tags: Fortis, life insurance
Research articles 2007-01-04
Claritas Forms Life Insurance Consortium With Worldwide Financial Services Association
Claritas Inc., the premier provider of intelligent marketing information and target marketing services, announced today the formation of the Small Area Market Share Consortium, a unique market intelligence source for the life insurance industry. Formed in conjunction with financial services association LIMRA International, the Consortium provides actual life insurance sales...
Tags: Claritas, consortium, life insurance
Research articles 2006-02-09
Unbundled Risk Assessment Will Streamline The Sales Process.(life insurance)
In part, life insurance has to be sold because it can't be bought like any other product. It is one of the very few products available that a consumer has to qualify for after it has been sold. There is a way to streamline the life insurance...
Tags: life insurance, risk assessment, sales, sales process, Streamline
Research articles 2001-09-10
American Bar Association.
The American Bar Association (Chicago, IL) has published An Estate Planner's Guide to Life Insurance, a paperbound book that examines the role of life insurance in estate planning, the types of products available, and the income and tax consequences The American Bar Association (Chicago, IL)...
Tags: American Bar Association, life insurance, tax
Research articles 2000-11-30
MetLife Helps Employers Prepare for Upcoming Group Life Benefits Enrollment; Best Practices for Life Tool Now Online
NEW YORK -- It's a fact that many working Americans don't have sufficient life insurance coverage to protect their families, yet numerous employees fail to take full advantage of life insurance benefits offered by their employer. A MetLife survey found that only 15% of employers had employee participation rates of...
Tags: benefit, best practice, life insurance, MetLife Inc., tool
Research articles 2004-07-22
MetLife in JV with Karnataka Bank.
Apr. 28--BANGALORE, India -- At a time when the number of banking players is increasing by the day in the domestic bancassurance space, life insurance player MetLife believes that its partnership with Mangalore-headquartered Karnataka Bank Limited (K Apr. 28--BANGALORE, India -- At a time when the...
Tags: banking, life insurance, MetLife Inc.
Research articles 2007-04-28
Ernst & Young LLP Issues 2007 U.S. Industry Outlook for Life Insurance Industry
NEW YORK -- In 2007 the life insurance industry is looking forward to a year of continued good performance, opportunity and tough competition for the loyalty of a new generation of retiring consumers, according to Ernst & Young's Global Insurance Center.
Tags: Ernst & Young LLP, life insurance, Microsoft Outlook
Research articles 2006-12-20
AIG American General Acquires Matrix Direct, Inc., a Leading Direct Marketer of Life Insurance, from Protective Life Corporation
HOUSTON -- American General Life Insurance Company, a wholly owned subsidiary of American International Group, Inc. AIG, announced today that it acquired Matrix Direct, Inc., a leading direct marketer of term life insurance, from Protective Life Corporation. Matrix Direct will become part of the domestic life insurance operations of AIG,...
Tags: life insurance
Research articles 2007-02-28
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