Life Insurance News Blog

News from Boston Globe:Police say Medina directed $ 3,000 to an attorney and kept $ 28,000.
Medina says he’s innocent. He says the charge relates to a simple and non-criminal disagreement over money and “will be gone’’ in 30 days. He calls it “extortion.’’
Medina was elected last November. He serves on the House Corporations Committee and the House Veterans’ Affairs Committee.
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Klepper reported from Providence.
……………. continues on Boston Globe
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News from Las Vegas Review-Journal:Posted: Sep. 2, 2011 | 1:46 p.m.Updated: Sep. 2, 2011 | 3:51 p.m.
You’ve proudly said “I do!” and the wedding whirlwind is complete. Now that you’re man and wife, it’s time to start thinking about the future. Is there a new house on the horizon? Perhaps you want to start a family? No matter what your future plans are, one thing can help give you peace of mind: life insurance.
The world of life insurance can be confusing, especially for newlyweds, but it’s definitely worth researching [...] Continue Reading…

News from US Life Daily:Many people choose universal life insurance as an investment tool. Because of the state of the economy, many individuals are looking for new and different ways to save money or bills on money they currently have. Unfortunately, just because universal life insurance may provide a different type of an interest gaining policy, it is also affected by the current markets and may not yield high interest rates or large gains on the cash value policy.There are many different types of universal life insurance that available [...] Continue Reading…

News from Reuters:

Thu Sep 1, 2011 4:00am EDT

* To evaluate opportunities across Reliance’s financial biz

* May look at possible tie up for asset management * Nippon had agreed to buy 26 pct in Reliance Life in March

(Adds details) NEW DELHI/MUMBAI, Sept 1 (Reuters) – India’s Reliance
Capital and its partner for life insurance business –
Japan’s Nippon Life Insurance — [...] Continue Reading…

News from USInsurance Online.com:Posted on Mon, August 29, 2011

posted by life insurance quotes
According to data collected by industry association LIMRA, more consumers were likely researching life insurance quotes during the past several months, as polices grew in the first half of the year.The report found that individual life insurance new annualized premium increased 4 percent when compared with last year’s figures. Universal and whole life policies showed gains, while the number of term life policies decreased.”Overall, individual life insurance sales slowed from first quarter, but still remained positive, with [...] Continue Reading…

News from Chicago Tribune:The day before he died, a North Chicago police sergeant contacted his employer to make sure that his life insurance policy was in order.
Having undergone two heart surgeries in four months, Dean Vincent was concerned that, should he not survive, his wife and children would have the means to stay in their Winthrop Harbor home.
More than a year after the city’s human resources director assured Vincent that his $ 300,000 policy was intact, Vincent’s widow is still waiting for $ 200,000 from the claim, [...] Continue Reading…

News from Fort Wayne Journal Gazette:
Odds are growing that you’ll live past 85. But will your money last that long? And what if you make it to 95 or 100?
With life spans lengthening, those nearing retirement may want to consider financial protection to guard against the possibility of outliving their money.
It’s available in the form of longevity insurance, which usually involves giving a sum of money to an insurer in your 60s in exchange for monthly payments that start at 80 or 85 and continue for the rest of [...] Continue Reading…

News from Huffington Post:WASHINGTON — Two weeks before Thanksgiving in 2003, top officials from Texas Governor Rick Perry’s office pitched an unusual offer to the state’s retired teachers: Let’s get into the death business.
Perry’s budget director, Mike Morrissey, laid out a pitch that was both ambitious and risky, according to notes summarizing the meeting provided to The Huffington Post.
According to the notes, which were authenticated by a meeting participant, the Perry administration wanted to help Wall Street investors gamble on how long retired Texas teachers would live. Perry was [...] Continue Reading…

News from Huffington Post:WASHINGTON — Two weeks before Thanksgiving in 2003, top officials from Texas Governor Rick Perry’s office pitched an unusual offer to the state’s retired teachers: Let’s get into the death business.
Perry’s budget director, Mike Morrissey, laid out a pitch that was both ambitious and risky, according to notes summarizing the meeting provided to The Huffington Post.
According to the notes, which were authenticated by a meeting participant, the Perry administration wanted to help Wall Street investors gamble on how long retired Texas teachers would live. Perry was [...] Continue Reading…

News from Average Rates For … – US Life Daily:The earthquake on August 23 was not large enough to cause too much major damage. But, with the city economy, many Americans are still focused on keeping themselves safe, financially. Stock market continued through the earthquake, and ended on a high note for many investors. Many Americans are still concerned about their future finances and are looking for ways to either make more money or save money. Some people have started looking into other bills and entrance policies in an [...] Continue Reading…