Life Insurance Roundup, July13, 2016

Now you can get health and life insurance via one combi policy – The Economic Times

Even before one starts to invest for long term goals, most financial planners will suggest getting health and life insurance plans. 

Canada Life launches group insurance website –

The group insurance site, which is launched today (12 July), is designed to be straightforward, without jargon, and provide the same language and materials to three audiences: advisers, employers and employees. 

Gen Re Adds New Underwriting Tool For Life Insurance — Insurance Networking News

Gen Re has announced the addition of Mortality Assessment Technology (MAT), a tool ttraditionally used by carriers for life insurance underwriting, as it seeks to implement the software in the reinsurance market for the first time. 

Demand for life insurance increases for eighth consecutive quarter

There has been steady demand for life insurance coverage in the United States over the last 24 months, much of it from people under the age of 45. 

News VietNamNet

According to the Ministry of Finance’s Insurance Department, the total investment capital from the insurance industry in that period increased from VND30.7 trillion in 2006 to VND150 trillion in recent years. 

British expats suffer as insurance market contracts –

UK life companies have pulled back so much from offering cover to expatriates that Britons living abroad can only get quotes from 16 per cent of the market. 

Max Life Employees Stare At Uncertain Future As Massive Job Loss Imminent – BW Businessworld

The proposed merger between two leading private insurers HDFC Life and Max Life has left employees of the latter in a state of uncertainty. Reason? 

Insurance Review: Driving it home – Mortgage Strategy Mortgage Strategy

Life insurance is the most widely known and bought protection product, yet so many people are still without it. Recent research from Scottish Widows found 50 per cent of the UK’s mortgage holders have no life cover in place, meaning 8.2 million people are leaving themselves and their families financially exposed. 

Nationals senator wants focus on life insurance industry and veterans | Australia news | The Guardian

John Williams says dodgy practices in life insurance industry should be a key issue for the Coalition in the new parliament. 

Selling Hurdles: Sale of ING Life Insurance May Take Long | BusinessKorea

or the sale of ING Life, there are a number of variables to consider, such as its time, price and the eligibility of major shareholder. 

I get mortgage insurance if I’m on long-term disability?

Q: I just went on long-term disability but I’m worried. I didn’t get mortgage insurance, can I still get this type of insurance? 

Fiserv appoints New York Life Insurance president and venture firm adviser to board – PE HUB

Financial services tech solutions provider Fiserv Inc has named John Kim to its board of directors. Kim is president of New York Life Insurance Company. He is a senior adviser and member of the advisory committee of venture firm RRE

We shouldn’t need life insurance when buying a lifetime of college loans | Opinion |

With July 4th activities in full swing, I don’t know how many saw last Monday’s New York Times story by Ann Waldman about NJ’s Higher Education Student Assistance Authority (HESAA), but it was one that will curl your toes, especially if you have a college-age student you’re trying to help. 

MIB Life Index Reports U.S. Life Insurance Activity up 1.1% in June

U.S. application activity for individually underwritten life insurance was up 1.1% in June year-over-year, all ages combined, according to the MIB Life Index. June’s end marks the eighth consecutive quarter of expansion for the MIB Life Index and shows the Index climbing back to levels slightly above those observed in Q2 2012. 

National Life Insurance Company had cause to terminate chiropractor’s disability benefits, federal court rules | Pennsylvania Record

A federal appeals court here affirmed a verdict of summary judgment for National Life Insurance Company and against a man who felt the U.S. District Court for the Eastern District of Pennsylvania mistakenly interpreted a disability insurance policy, which resulted in the termination of his benefits. 

Macquarie Life leaders join Zurich Australia’s life insurance and investments business

Zurich’s Life & Investments division has appointed two respected and experienced Macquarie Life personnel into senior management positions, in anticipation of Macquarie’s life risk business (Macquarie Life) joining Zurich later this year. 


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