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2/13/2009 News For: AARP Term InsuranceTerm insurance might be the best option for many I have received a number of letters dealing with life insurance issues. Two major concerns are what to do with life insurance if you lose your job and can no longer afford your premium payment. Low-income families can get free life insurance Low-income working families in the Bay Area can obtain a free $50,000 life insurance policy under a program supported by MassMutual Life Insurance Co. The idea behind the program it to provide a $50,000 benefit administered by a trust to help pay for the education of children in the event the ACLI Statement: Federal Insurance Regulation "Vital" American Council of Life Insurers president and CEO Frank Keating argued that optional federal regulation will address risks to consumers, the insurance industry and the financial system as a whole. Genworth to Focus on Life, Long-Term Care Coverage (Update2) Feb. 10 -- Genworth Financial Inc. , the insurer spun off by General Electric Co. in 2004, plans to direct resources to life insurance and long-term care after losses on retirement products and mortgage guarantees. Aviva Life Insurance aims 35% growth in FY10 Aviva Life Insurance is targeting a growth of 35 per cent in the next financial year, the company's Managing Director & Chief Executive Officer T R Ramachandran said today. AIG Said to Select Three Bidders for Philippine Unit (Update2) Feb. 13 -- Prudential Plc, Assicurazioni Generali SpA, and Manulife Financial Corp. are the preferred bidders for American International Group Inc.?s Philippine life insurance unit, four people with knowledge of the matter said. ING sells Taiwan insurance business for $600M The Dutch financial services company ING Groep NV said Wednesday it has sold its Taiwanese life insurance business to Fubon Financial Holding Co. Ltd. for around $600 million . AIG Said to Shortlist 3 Bidders for Philippine Unit (Update1) Feb. 13 -- Prudential Plc, Assicurazioni Generali SpA, and Manulife Financial Corp. were short-listed to bid for American International Group Inc.?s Philippine life insurance unit, four people with knowledge of the matter said. |



