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Target of £100m cost savings to be reached by 2011 Insurance and pensions group Standard Life is to cut 600 jobs over the next 15 months as part of a major overhaul of the business. The Edinburgh-based insurer's new chief executive David Nish, who took over from Sir Sandy Crombie in January, is wielding the axe to streamline operations and shift the group's focus to long-term savings products ...
September marks the seventh annual Life Insurance Awareness Month, designed to raise awareness and educate consumers about the importance of life insurance coverage and the financial services representatives who are trained to help consumers meet their needs. Life insurance organizations and their representatives observe the occasion by providing information and activities regarding the role of ...
This week an insurance research firm reported that ownership in life insurance has reached a 50-year low, with nearly a third of U.S. households not having a form of this financial protection. As the benefits industry begins Life Insurance Awareness Month in September, Unum (NYSE: UNM) shares the concern that this decline exposes working Americans to financial uncertainty.
Longer life span and rising healthcare costs are prompting people in Malaysia to buy insurance up to the age of 100.
Life Quotes, Inc. announced today the results of a new a new survey of 30 leading life insurance companies that has revealed that some life insurance rates, which have been creeping up over the past 24 months after falling for ten consecutive years, still remain at all-time lows.
Life Partners Holdings Inc. has declared a special cash dividend of 25 cents, the life insurance company said Friday. The special dividend will be paid on, or about, Oct. 29 to shareholders of record Oct. 15.
Today marks the start of Life Insurance Awareness Month, which means it’s a good time to think about what life insurance means to you and your family.
Here’s what to do with a life insurance policy after your children leave home.
Millions of Ohioans could benefit from new health-care regulations kicking in this month, starting with a requirement that insurance companies cover immunizations, cancer screenings and other preventative services for free.
The most common group benefit in our economy is group life insurance. Generally, the first $50,000 of such coverage that the employer pays for is tax-free.
(ARA) - If you were born between 1979 and 1994, you may have heard yourself described as part of "Generation Y." Characteristics that define your generation include a tendency to be independent, opinionated and well informed - good qualities to be sure.
A former insurance agent and church treasurer in Fairfield County has been charged with grand theft and receiving stolen property, accused of fleecing his clients and his church.
For the second consecutive year, Pioneer Insurance and Surety Corporation has topped the net worth ranking of non-life insurance companies in the Philippines, in accordance with the list published by the Insurance Commission. With a net worth of over P6 billion, Pioneer emerged as No. 1 on the list.
Nippon Life Insurance Co said Friday that it will begin selling on Oct 4 foreign currency-denominated policies of a Japanese firm affiliated with U.S. insurer…
By Our Staff Reporter Bhopal, Sept 3: On the occasion of 54th anniversary of Life Insurance Corporation of India in divisional office on September 1 insurance week was inaugurated by senior divisional manager Suhash Joshi by hoisting a flag. Various programmes are being organised under the week.
Credit life insurance is for borrowers of auto or mortgage loans. But is it worth the cost?
CHATTANOOGA, Tenn.----This week an insurance research firm reported that ownership in life insurance has reached a 50-year low, with nearly a third of U.S. households not having a form of this financial protection.
OUTSIDE Standard Life's headquarters on Lothian Road in Edinburgh, employees were taking in the news. They had expected job cuts, but the announcement that 600 would be go
A local insurance agent is in custody, accused of theft.
BREMEN -- A former insurance agent and church treasurer has been arrested on charges of grand theft and receiving stolen property. Fairfield County Sheriff Dave Phalen said John W. Elder, also known as Bill Elder, 61, is suspected of collecting insurance premiums from victims and then diverting the money to his personal accounts.
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Life insurance or life assurance is a contract between the policy owner and the insurer, where the insurer agrees to pay a designated beneficiary a sum of money upon the ...
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