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10/13/2008 News For:

Deposit Term Insurance Life Insurance

China tests micro-insurance for rural poor  Dai Yongheng never imagined he would make history. But he did just that on Sept. 3, 2008. The middle-aged farmer from north China's Shanxi Province procured a fixed-term life insurance for all five members of his family. He paid 150 yuan 21.90 U.S. dollars, becoming the first micro-insurance deal in rural China. The insurance policy pays 75,000 yuan if something happens to Dai's family in ...

Yamato Life Insurance collapses amid falling stock prices  Yamato Life Insurance Co., a nearly century-old insurer that tried to resuscitate its business by gambling on high-risk financial products, collapsed Friday due mainly to plunges in stock prices, officials said.

Lafayette Life dropping disability, life insurance  After competing against industry giants for more than 20 years, The Lafayette Life Insurance Co. has announced plans to discontinue offering group life and disability insurance.

Japan's Yamato Life Insurance goes bankrupt: Official  Japan's Yamato Life Insurance will file for bankruptcy protection, becoming the first Japanese insurer to fail amid the global credit crisis, the financial watchdog said on Friday.

New York Life honors 15 winners of essay competition on India  New York, Oct 13 : New York Life Insurance Company, which has a joint venture in India with Max India, has held a reception to honor the 15 winners of the 'Bharat Yatra VI, Journey to India' essay competition.

Company offering free life insurance  Springfield-based Massachusetts Mutual Life Insurance Co. plans to issue $50,000 term life insurance policies to benefit children of eligible working families in Connecticut at no cost to the families, company officials said Thursday.

Include Life Insurance in Your 'Must Have' Budget   - As you re-examine your monthly expenses to cover the escalating costs of food and fuel, it's important to consider life insurance in your plans.

Japan's Yamato Life Insurance files for protection: report  Japan's Yamato Life Insurance is in the process of filing for bankruptcy protection, Jiji Press reported Friday.

Japan's Yamato Life Insurance files for protection: report  TOKYO AFP - Japan's Yamato Life Insurance is in the process of filing for bankruptcy protection, Jiji Press reported Friday.

Shooting puts face on foreclosure crisis  By the time deputies came to escort Addie Polk out of her home of 38 years, the 90-year-old had taken out her life insurance policy and placed it next to her pocketbook and keys in the neatly kept house.