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- Immediate Annuities: 5 Rules to Get Monthly Checks for Life
- These financial products can provide retirees with a steady stream of income. But you need to buy wisely. Anyone nearing retirement...
- Articles 2009-08-31
Additional Resources
- Congress eyes insurance guaranty fund system.
- Congress Eyes Insurance Guaranty Fund System WASHINGTON - Consumers deserve better than the current state-based life insurance guaranty fund system, according to a leading member of Congress. State insurance guaranty funds have been called a "Congress Eyes Insurance Guaranty Fund System ...
- Research articles 1991-09-23
- 7 Best Annuities to Guarantee Income for Life
- Receiving a monthly check from the day you retire until the day you die sounds mighty appealing. But signing up for an immediate annuity also means locking up your money with an insurer for decades. How can you be certain the company will still be around? Here are seven of...
- Articles 2009-12-08
- GAO hits guaranty funds gaps. (General Accounting Office report on state insurance guaranty associations)
- A General Accounting Office report on the financial condition of state life insurance guarantee associations shows that gaps in annuities coverage could cause retirees to lose some of their pension benefits. When either annuities are purchased for retirees by an ongoing plan or annuities are purchased after a plan, beneficiaries...
- Research articles 1993-05-03
- LOMA reports on state L&H guaranty funds. (Life Office Management Association, life and health insurance guaranty fund system)
- LOMA Reports On State L&H Guaranty Funds ATLANTA - Based on a cap of 2 percent of total annual premium, the 47-state life and health insurance guaranty fund system should be able to absorb almost $4 billion a year in claim costs, according to a...
- Research articles 1991-03-04
- Execs of insolvent N.C. insurer convicted of fraud. (Glenn H. Martin and Candace L. Cooper of Twentieth Century Life Insurance Co.)
- Convictions of Twentieth Century Life Insurance Co's Candace L. Cooper and Glenn H. Martin on charges of mail fraud, conspiracy and money laundering will help state guaranty funds in Florida and North Carolina meet the defunct insurer's obligations. CoopeConvictions of Twentieth Century Life Insurance Co's Candace L. Cooper and Glenn...
- Research articles 1995-08-21
- Could Swine Flu Have a Positive Impact on Life Insurers?
- Life insurers and their investors don't seem bothered about the swine flu epidemic that's invaded the U.S. And this could be the reason why: just the mere threat of swine flu, which has already caused almost 200 deaths in Mexico, might scare people into buying more life insurance or buying...
- Blog posts 2009-05-01
- Calif. moves to guarantee L&H claims. (life and health insurance) (Financial)
- Calif. Moves To Guarantee L&H Claims Under legislation enacted last year, California Insurance Commissioner John Garamendi is taking steps to set up guaranty funds for life and health insurers. "Until now," the commissioner noted, &qCalif. Moves To Guarantee L&H Claims ...
- Research articles 1991-03-04
- The GM Pension Plan: A $100 Billion Problem Swept Under the Rug
- Five or so years ago, when General Motors was simply financially challenged rather than bankrupt, financial writers joked that GM was in truth a huge pension plan, funded by an automobile operation. It wasn't far off the mark: in 2004, each active worker was outnumbered by 2.5 GM retirees, and...
- Blog posts 2009-06-08
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