1960s - One of the pioneers of survivorship life insurance
CINCINNATI -- Columbus Life Insurance Company, a highly rated insurance provider based in Cincinnati, Ohio, has introduced a new survivorship life insurance
series with a compelling mix of product features and high-demand for the affluent market.
The new term offerings complement Phoenix's comprehensive and competitive portfolio of permanent products, including universal, variable universal, joint and survivorship life insurance
With the addition of the three survivorship policies, we have arguably the most extensive and competitive survivorship life insurance
portfolio in the state," said Roland Fawthrop, second vice president and actuary, MassMutual.
today introduced a new initiative, a comprehensive "Phoenix LifePlan Program", enabling the high net worth to restructure their individual or survivorship life insurance
products 5, 10 and 15 years after the policy has been issued.
A survivorship life insurance
policy, the MONY Custom SUL provides for a death benefit on the last surviving insured and therefore, is more cost-effective than two individual policies on the same individuals.
is adding an option to its survivorship life insurance
policies issued June 7, 2001, or later, which will allow policyowners to fully surrender their inforce contracts during the calendar year 2010 with no surrender penalties if the repeal of federal estate taxes extends beyond Dec.
TransSurvivor(SM) Life VUL leverages Transamerica Occidental Life's extensive survivorship life insurance
experience, including the company's underwriting expertise.
The Company pioneered the concept of survivorship life insurance
and currently has the largest inforce block of these policies and the most extensive survivorship portfolio in the U.
Families with large taxable estates, professional couples with children, estates with non-liquid assets, dependents with special needs and wealthy couples can all greatly benefit through variable survivorship life insurance
for effective preservation of estate wealth.