Browsing: Life Insurance

Nippon Life Insurance’s India unit is considering acquiring a minority stake in IndusInd Bank to boost insurance product sales.

Protective Life will reinsure a substantial portion of its life and annuity reserves.

A gram panchayat near Bengaluru has achieved a first for Karnataka by ensuring life insurance coverage for all eligible residents, setting a new standard in social security and financial protection.

Discover the top return-of-premium life insurance providers, comparing their features, costs, and financial strengths to help you find the best policy for your needs.

Maureen Wilson, 77, was found guilty of multiple charges related to a $20 million insurance fraud plot involving altered policy details and money laundering.

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The Tax Court ruled in favor of the taxpayer in Estate of Becker, reinforcing the effectiveness of Irrevocable Life Insurance Trusts (ILITs) when properly established. The decision clarifies the application of the ‘step transaction doctrine’ and highlights the importance of meticulous planning to avoid estate tax liabilities on life insurance proceeds.

Resolution Life and Protective, a US subsidiary of Dai-ichi Life Holdings, have entered into a significant reinsurance agreement covering structured settlement annuities and life insurance business.

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A discussion on the growing importance of life insurance education policies as a financial planning tool for parents in Ghana, offering a secure method for funding their children’s education, mitigating the financial strain of rising tuition costs, and ensuring future financial security.