Tag Archives: affordable life insurance
News about Universal Life Insurance
The Insurance Regulatory and Development Authority is set to shift its focus to universal life insurance policies, fearing that the products may create another industry-wide controversy. Irda and capital market regulator Securities and Exchange Board of India , bitterly fought over the regulation of Ulips—a hybrid product that combines investment in equities and bonds along [...]
Full Storyuniversal life insurance policies
After tightening the norms for unit-linked insurance plans, or Ulips, the Insurance Regulatory and Development Authority is set to shift its focus to universal life insurance policies, fearing that the products may create another industry-wide controversy.Irda and capital market regulator Securities and Exchange Board of India , bitterly fought over the regulation of Ulips—a hybrid [...]
Full Storywhole Life Insurance
New York Life Insurance Co. news that its entity life insurance sales increased 47% through June, compared to an all-time proof for sales in the initial six months of 2009. This growth is mainly being determined by increased sales of both stable insurance and word products, including the company’s custom whole life product, a shape [...]
Full StoryAuthorization to Operate Life insurance
Pan-American Life Insurance Group (PALIG), a leading provider of insurance and financial services, announced today that its subsidiary, Pan-American Life Insurance de Costa Rica, S.A. has received final approval from the Superintendencia General de Seguros (also known as SUGESE, Costa Rica’s Insurance Regulator) to operate in Costa Rica. The Group will be working closely with [...]
Full StoryRegulators Crack Down on Murky Life Insurance Plans
The life-insurance racket treated Steven M. Brasner well for the better part of the last ten years-so well, in fact, that Brasner and his wife named their yachts after their profitable business. The couple’s first, a 34-foot motor yacht, was entitled “Preferred Risk.” The 50-foot vessel that replaced it was christened “STOLI on the Docks.”
STOLI [...]
New Personal Finance for Dummies Tackles Common Mistakes
Most of us dream about retiring. We picture those days in the distant (or not so distant) future that we will spend lounging around, doing whatever we please, without a care in the world. After all, they’re called the golden years for a reason, right? Unfortunately, as more and more Baby Boomers approach retirement age [...]
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