Life Insurance Roundup, May 4, 2016


Life insurance policy can be held in demat or hard copy format – Livemint

You can choose to keep your policy either in de-materialised (demat) or hard copy form, but not in both. But you can opt to keep some policies in demat form, while others in hard copy format. The demat account will reflect only the policies that have been converted into demat, and not the ones that continue to be in the physical format. Do note that having a soft copy of the policy in email is different from keeping a policy in demat format. 


Future Generali India Life Insurance ties up with Saraswat Bank

Speaking on this alliance, Munish Sharda, Managing Director & CEO, Future Generali India Life Insurance said, “We are extremely excited with our partnership with Saraswat Bank. This partnership is in line with our strategy to grow our business on the back of simple, customer-centric solutions and need-based sales process. Saraswat Bank through its 283 branches enjoys excellent relationships with its clients, and we are looking forward to be a solid partner with them in their growth endeavour.” 


Louisiana man sued over life insurance payout after Connecticut murder-suicide

A lawsuit claims a Baton Rouge man improperly collected a $500,000 payout from his business partner’s life insurance policy after the partner gunned down his estranged wife and shot and killed himself in Connecticut last year. A federal judge on Monday ordered the U.S. Marshals Service to seize all of the money that Todd Hines obtained from the policy for his deceased business partner, Billy Wayne Newman. 


The ins & outs of life insurance – Story

There are thousands of insurance agents and agencies out there who want you to know that Monday, May 2nd is National Life Insurance Day. Laura Adams at InsuranceQuotes.com is very blunt on who needs it and who doesn’t. 


Life Insurance Direct Marketing Association (LIDMA) Releases Free Cost Benefit Analysis Tool For

The Life Insurance Direct Marketing Association (LIDMA) is pleased to announce the immediate availability of its new Cost Benefit Analysis (CBA) Tool in Excel, including eApp, eSignature and eDelivery assessments for high performance agencies. Free download of the new Tool is available at www.lidma.org


Agent describes importance of life insurance | KOB.com

Monday marked National Life Insurance Day, and an agent with InsuranceQuotes.com discussed who needs it, why, and how much people should get. “Life insurance is a way to make sure those you leave behind are taken care of financially,” Laura Adams said. Adams is very blunt on who needs it and who doesn’t. 


Survivorship Life Insurance Useful For Estate Planning – InsuranceNewsNet

The last several columns could best be described as an overview of life insurance. We discussed various forms of term and permanent plans along with an incredibly valuable rider to cover possible long term care expenses. I will now wrap up the discussion with an explanation of a style of policy that by design just lends itself to estate planning purposes. 


How Your Relatives’ Health Affects Your Life Insurance Rates

You probably know your health will affect prices when you shop for life insurance coverage. What you might not realize is that your family’s health history can also influence your rates. 


SBI Life Insurance net up 5% to Rs861 crore in 2015-16 – Livemint

SBI Life Insurance Co. Ltd on Tuesday reported a 5% growth in net profit at Rs.861 crore for the year ended 31 March. The insurer had posted a net profit of Rs.820 crore in 2014-15, it said in a release. The individual new business premium of the company increased by 33% to Rs.4,978 crore in 2015-16 from Rs.3,757 crore in the previous fiscal. 


Protect the ones you love the most with life insurance hand-picked for your unique situation with Mitch Dietrich from Country Financial. Call now to get started! 563-322-2393 | Services | qctimes.com

Planning for a secure financial future takes knowledge and experience. To make the right decisions, it’s best to work with a professional to help build a plan for today and tomorrow. Call Mitch  Dietrich with Country Financial today. We all want to look toward the future with a sense of financial security. At COUNTRY Financial®, we can help you develop a plan to own your future! 563-322-2393 


Japan-to-U.S. Insurance M&A Wave Not Over Yet, Bankers Say – Bloomberg

Japanese insurers made more than $18 billion worth of acquisitions in the U.S. last year, and their spending spree isn’t over yet, industry dealmakers said Tuesday. 


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