Life Insurance News

• Covid victims being denied life insurance cover
  
  Legal & General and Royal London are both turning away would-be customers who have had signs of the virus in the past four weeks and asking them to reapply in a month.
  Daily Mail.  Tuesday, 14 Jul 2020.
• Reinsurance Group to Divest Dutch Life Insurance Company
  
  Reinsurance Group's (RGA) divestment of Leidsche will be in the best interest and will enable Leidsche to execute its long-term growth strategy in the protection market.
  Zacks.  Thursday, 9 Jul 2020.
• Florida woman had hitman kill stepfather to collect on life insurance: police
  
  A 31-year-old woman has been charged with collecting $750,000 in life insurance after having a hitman bump off her stepfather last year, Florida police said Tuesday.
  Fox News.  Tuesday, 30 Jun 2020.
• Will coronavirus affect me buying life insurance?
  
  I had Covid-19 recently and I've suffered some damage as a result. I'm not really sure if this problem will be ongoing or not, but it's certainly going to affect me for a while.
  Daily Mail.  Monday, 22 Jun 2020.
• MetLife Unit Reaches Longevity Reinsurance Agreement With PIC
  
  MetLife's (MET) subsidiary Metropolitan Tower Life Insurance Company inks a deal to penetrate the U.K. longevity reinsurance market.
  Zacks.  Friday, 19 Jun 2020.
• MassMutual explores sale of its retirement services business -sources
  
  Massachusetts Mutual Life Insurance Company (MassMutual) is exploring a sale of its retirement services division, which has about $175 billion of assets under management and administration, people familiar with the matter said on Friday.
  Reuters.  Friday, 5 Jun 2020.
• The No. 1 thing every business owner needs to do to protect their legacy
  
  Key man insurance is a form of life insurance that protects a company if the founder or key employee dies or becomes disabled. It's a crucial life line to maintain business operations, yet often overlooked.
  CNBC.  Friday, 21 Feb 2020.
• Turning 100? Your birthday gift could be an unexpected tax
  
  Here's a birthday gift a centenarian might not see coming: a tax bill from the IRS. Certain life insurance policies give you access to "cash value" that grows tax-free. The catch: You might owe taxes when you hit 100.
  CNBC.  Sunday, 27 Oct 2019.

News Headlines and News Summaries