TITLE

New Options Arise From Competition

AUTHOR(S)
Muncil, Carol
PUB. DATE
September 2009
SOURCE
Best's Review;Sep2009, Vol. 110 Issue 5, p63
SOURCE TYPE
Trade Publication
DOC. TYPE
Opinion
ABSTRACT
In this article, the author reflects on the expectation of group insurance underwriters to see more claims under the portability feature on their group term life policies in the U.S. He relates that many underwriters experience an overwhelming proposals as they quote on renewals for January 1, 2010. Moreover, he emphasizes that the voluntary life rates' provision of margins for profits and expenses allows employees to continue their group term life insurance.
ACCESSION #
44210478

 

Related Articles

  • Term Rates Feeling Triple-X Bite. Connolly, Jim // National Underwriter / Life & Health Financial Services;1/17/2000, Vol. 104 Issue 3, p1 

    Reports that term insurance rates in the United States are shifting to meet requirements of the Valuation of Life Insurance Policies model, commonly referred to as Triple-X. How the model works; Premium rates raised by Jackson National Life Insurance Co.; Implication of the Triple-X.

  • Sale of a Lifetime. Panko, Ron // Best's Review;Nov2001, Vol. 102 Issue 7, p117 

    Focuses on the rate cuts on term life insurance policies in the United States. Reduction of insurance premiums; Decrease in the life term rates; Reasons for the reduction of rates.

  • Taking a Haircut. DeFrancesco, Roccy // Financial Planning;Jun2004, Vol. 34 Issue 6, p109 

    Discusses the tax code under the Section 79 plans, which are traditionally sold to companies in the U.S. as a way to provide additional benefits to their employees in the form of fairly inexpensive group term life insurance coverage. List of benefits provided by a Section 79 plan to employees...

  • The Cycle Turns Against You for Term Life. Gibbs, Lisa // Money;Sep2004, Vol. 33 Issue 9, p54 

    This article discusses how for the first time in a decade, insurers are hiking rates for term insurance and making it tougher for customers to qualify for the best prices. By December these policies may cost as much as 10% to 20% more than they did a year ago, says Byron Udell, CEO of online...

  • Ten-year level term 1996 $250,000 policy.  // Best's Review / Life-Health Insurance Edition;Sep96, Vol. 97 Issue 5, p64 

    Presents a chart reflecting ten-year level term 1996 on a $250,000 worth of term insurance policy in the United States. Company name; Policy name; Premium; Total premium; Payments made.

  • A multifront term war. Panko, Ron // Best's Review / Life-Health Insurance Edition;Feb98, Vol. 98 Issue 10, p61 

    Highlights the challenge of gaining market share for companies selling term life insurance policies in the United States. Increase of activity in competitive pricing; Creation of lower rates for clients; Role of reinsurers in launching new policy categories.

  • Level term? That's an XXX-rated question. Koco, Linda // National Underwriter / Life & Health Financial Services;11/27/95, Vol. 99 Issue 48, p11 

    Discusses the activities of level term life insurers and producers as they compete for market share growth in anticipation of the Triple X model regulation on policy reserves by the National Association of Insurance Commissioners. Industry developments belying predictions that lever term life...

  • Timing is everything in term renewability. Mitchell, G. Thomas // National Underwriter / Life & Health Financial Services;9/14/98, Vol. 102 Issue 37, p8 

    Discusses the advantages of offering deferred choices of term insurance periods in term life insurance in the United States. Enhancement of client's financial planning flexibility; Comparison with traditional renewability; ViaChoice term series underwritten by CNA's Valley Forge Life...

  • Term war to span whole lives. Kosnett, Jeffrey R. // LAN: Life Association News;Sep97, Vol. 92 Issue 9, p30 

    Reports on the 30-year guaranteed level-premium term policies of term insurance companies. Increase in policy time periods; Improvement in conversion privileges; Price reductions.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics