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Court refuses to hear life insurance case
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Published - 07/01/2008 12:00 AM
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NEW YORK (Associated Press) - The Supreme Court on Friday refused to hear the case of a widow denied $426,000 in life insurance benefits on grounds that a federal retirement law does not entitle her to sue for compensation. Lawyers for the Houston-area woman asked the court to intervene ...
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Life Insurance Premium Financing FAQ'S
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Published - 06/26/2008 12:00 AM
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• What are the requirements to qualify for premium financing? To qualify for premium financing, you must have a net worth of at least $1 million (apart from ...
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When Does a Life Settlement Make Sense?
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Published - 06/25/2008 12:00 AM
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A Life Settlement is the sale of a life insurance policy to a third party. The emerging life settlement industry has grown rapidly over the last decade and continues to grow. In the past, if the owner of a life insurance policy no longer desired to keep their policy, the ...
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Premium Financing
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Published - 06/23/2008 12:00 AM
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Premium financing is a current marketing concept that is being used by many wealthy individuals requiring considerable life insurance coverage for business planning. Premium financing is a method that funds the purchase of life insurance for an individual who has significant assets, however, either does not have, or does not ...
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Protective Life Announces Organizational Realignment for Life Insurance Distribution
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Published - 06/19/2008 12:00 AM
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BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Insurance Company (NYSE: PL - News)today announced a realignment of responsibilities in its life insurance sales organization to enhance the focus and collaboration of its overall sales efforts. Mark Rush, Senior Vice President, Sales and Marketing for West Coast Life, and Jeff Marsh, Vice ...
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Estate Planning utilizing Premium Financing of Life Insurance
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Published - 06/12/2008 12:00 AM
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Premium finance allows people with high net worth to purchase life insurance without liquidating other profitable investments or otherwise changing their normal cash flow situation. Through this innovative financial arrangement, qualified clients borrow the funds to pay the life insurance premiums. They protect the net worth they have built up ...
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MetLife to Hold Stable Value and Institutional Products Client Conference
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Published - 06/11/2008 12:00 AM
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NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET - News) announced today that it will hold its 2008 Stable Value and Institutional Products Client Conference on Thursday, June 19, 2008, from 9:00 a.m. to approximately 12:00 p.m. (ET).
MetLife presenters will include William J. Mullaney, president, Institutional Business; William J. Wheeler, ...
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A.M. Best Affirms Ratings of MetLife, Inc and Its Affiliates
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Published - 06/06/2008 12:00 AM
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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Superior) and issuer credit ratings (ICR) of “aa” of Metropolitan Life Insurance Company (MLIC) (New York, NY) and its key life/health affiliates. MLIC is the primary insurance company of MetLife, Inc (MetLife) (New York, NY) ...
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