| THE CO$T OVER TIME
July 22, 2007 -- If you're like most folks, you pay your annual home, auto and life insurance premiums on a quarterly or monthly basis - with a small service charge added for the privilege. And like most, you probably feel the few bucks that are added per payment are pretty insignificant. Think again - you are likely paying more than 10 percent interest on the "borrowed" money. For example, if you have a $360 annual premium on your life insurance, your carrier may offer you a $32 a month payment plan. While that may be just $2 more per month, the interest rate works out to stiff 14.3 percent. "The typical insurer charges about 11 percent interest on premiums payments but doesn't need to disclose this," said Byron Udell, founder and CEO of AccuQuote. While it may be just $24 or so a year in "finance" charges, Udell said, "I believe people should have the most information possible." That is why Udell put a free interest rate calculator on his site.
Life Insurance Quotes
Online insurance quotes and online insurance rates from different insurance companies can quickly show you differences in policies between the various insurance companies. These insurance quotes can help you to save money through comparison shopping. Life insurance quotes from multiple insurance companies will help you to find the insurance with lowest premium, along with tailored insurance coverage to meet your personal insurance needs. Online life insurance quotes can save you time and even money. They will give you the right information and the most appropriate quotes instantly. The more accurate is the information provided by you, more accurate will be your life insurance quote. The quote you will receive will depend on your medical history and current health status. Don't think life insurance as an addition to your expenditure.
Life Insurance From FNB Now Available Online
FNB's long term insurance products have already been welcomed by South Africans as the only life assurance policies that pay back policy holders while they are still alive. And now quotes for those FNB life insurance policies are available online at Finance In Motion. (PRWEB) July 18, 2007 -- Life insurance policies from FNB have already proved extremely popular since they were introduced in February 2006. The main reason is that these innovative long term insurance products give policy holders money back while they are still with us, in essence rewarding them for staying alive. Now, there is another compelling reason to add to the list: prospective life assurance purchasers can get an FNB life insurance quote online within 60 seconds thanks to Finance In Motion (http://www.fim.co.za).
Resona to issue 100 bln yen in shares to Dai-Ichi
TOKYO, July 20 (Reuters) - Resona Holdings Inc. (8308.T: Quote, Profile, Research) said on Friday it will issue 100 billion yen ($820 million) in preferred shares to Dai-Ichi Mutual Life Insurance Co. as Japan's fourth-largest lender looks to repay more than 2.3 trillion yen in public funds. Sources told Reuters last month that the two were in talks about the issuance, which has been expected by the market. Dai-Ichi and Resona also said in a joint statement that they would work together on the marketing of insurance products, as the bank prepares for a regulatory change at the end of this year that will allow the full sale of insurance products at bank branches. Currently, lenders are allowed to offer a limited range of insurance products, such as variable annuities.
AXA to sell Taiwan unit to China Life Insurance Co
PARIS, July 25 (Reuters) - AXA (AXAF.PA: Quote, Profile, Research), Europe's second-biggest insurer by revenue, said on Wednesday it would sell its Winterthur Life Taiwan Branch unit to China Life Insurance Co Ltd (601628.SS: Quote, Profile, Research). AXA did not disclose the sale price but said in a statement that Winterthur Life Taiwan Branch had a premium volume of around 100 million euros ($138 million) and a 0.35 percent market share. ($1=.7241 euros) ((Reporting by Sudip Kar-Gupta; editing by Greg Mahlich; Reuters Messaging: sudip.kargupta.reuters.com@reuters.net; tel +33 1 49 49 52 26)) Keywords: AXA TAIWAN/CHINA (C) Reuters 2007. All rights reserved. Republication or redistribution ofReuters content, including by caching, framing or similar means, is expresslyprohibited without the prior written consent of Reuters.
Allianz aims to almost double revenue in growth mkts
FRANKFURT, July 12 (Reuters) - Europe's largest insurer Allianz (ALVG.DE: Quote, Profile, Research) expects to almost double revenue from growth markets to 15 billion euros ($21 billion) in the medium term, its finance chief told analysts on Thursday. The insurer has Russia, China and India in its sights as it seeks to bolster revenue, which now stands at about 8 billion euros. The group overall has revenues of more than 100 billion euros. In Russia, Allianz owns the country's third-biggest player, Rosno, and is in talks with Progress-Garant, a mid-sized non-life insurance company. In China, where U.S. rival AIG (AIG.N: Quote, Profile, Research) has had a strong foothold, Allianz is increasing its number of agents to 4,400 from 1,000 less than two years ago.
Health Benefits Direct Launches Insurint Quoting Technology for ...
RADNOR, Pa., July 11, 2007 (PRIME NEWSWIRE) -- Health Benefits Direct Corporation (OTCBB:HBDT), a leading innovator in the direct marketing and distribution of a wide range of health and life insurance and related products for individuals and families, today announced the launch of its patent-pending Insurint(tm) quote engine for use by its contact center sales force. .
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