Life insurance FYI for 'Generation Y'
(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.
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Get the right amount of life insurance
QUESTION: My husband and I own our home, plus we have two rental homes and two investment homes that are now for sale. My husband recently cashed out his whole life policy and ended up with around $6,000. Given the assets we own and the fact that we have a $250,000 line of credit, my husband feels we don't need life insurance any longer, so he also wants to terminate my policy. I think we still ...
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Insurance Week underway at LIC, Bhopal
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.
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Life Doesn't Have to Be So Complicated
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.
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Life Doesn’t Have to Be So Complicated
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--As the benefits industry begins Life Insurance Awareness Month in September, Unum (NYSE: UNM) helps employees understand the need for this important benefit.
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Corp Bank, UII ink Mou for micro insurance
As part of its innovative financial inclusion programme, United India Insurance, a public sector non-life insurance major has signed an MoU with Corporation Bank, an acknowledged banking leader in the segment of financial inclusion initiatives...
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Insurance sector reinvents itself under new regime
India's insurance industry is set for a makeover as it seeks to survive and grow in a changed environment that dawned on September 1. With a three-month spat over who will regulate unit-linked insurance plans (Ulips) settled, the Insurance Regulatory & Development Authority (Irda) in July announced sweeping changes to the way insurance companies do business.
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Thinking twice about variable universal life
QUESTION: I'm single, in my 30s and I'm already maxing out my 401(k) and IRA account. My financial planner is recommending I purchase a variable universal life policy, the rationale being that I have exhausted all of my other tax-advantaged investment opportunities. I trust my adviser, but I don't understand whether a variable universal life policy is really a good deal. What do you think ...
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South Carolina Forms Insurance Funding Program
South Carolina Insurance Director Scott Richardson, will introduce the new South Carolina Insurance Funding Program (SCIF) during the annual South Carolina Captive Insurance Association ...
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The cost of long-term care
Some insurance decisions are easy. Take life insurance. You know you need it to replace the income your spouse and kids would lose if you died. Insurers don't have much leeway to dispute claims for death benefits because "deceased" is a pretty definite condition.
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Is Your Life Insurance Policy Adequate?
DES MOINES, Iowa----New research shows the majority of American workers have life insurance coverage on themselves, but over a third of those individuals are not confident they have an adequate amount of coverage according to recent findings from the Principal Financial Well-Being IndexSM.
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Is Your Life Insurance Policy Adequate?
DES MOINES, Iowa--(BUSINESS WIRE)--New research shows the majority of American workers (82 percent) have life insurance coverage on themselves, but over a third (38 percent) of those individuals are not confident they have an adequate amount of coverage according to recent findings from the Principal Financial Well-Being IndexSM. Almost half of those surveyed this past spring by Harris ...
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