Phoenix life insurance

Kramer v Phoenix Life Ins. Co. (2010 NY Slip Op 08376)

Argued October 12, 2010; decided November 17, 2010 The United States Court of Appeals for the Second Circuit has certified the following question for our consideration: "Does New York Insurance Law §§ 3205 (b)(1) and (b)(2) prohibit an insured from procuring a policy on his own life and immediately transferring the policy to a person without an insurable interest in the insured's life, if the insured did not ever intend to provide insurance protection for a person with an insurable interest in the insured's life?" [*2] We now answer in the negative and hold that New York law permits a person to procure an insurance policy on his or her own life and immediately transfer it to one...

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Dividend Policyholders Bring Class Action against Phoenix Life Insurance Co and Phoenix Cos, Levy Konigsberg

Dividend Policyholders Bring Class Action against Phoenix Life Insurance Co and Phoenix Cos A class action has been filed by dividend policyholders against The Phoenix Life Insurance Co and The Phoenix Cos claiming breaches of the companies’ statutory and contractual duties when the dividends were reduced in order to enrich the stockholders of the insurers’ parent company. NEW YORK, New York, December 21, 2009 – Class action attorneys at Levy Konigsberg LLP have filed a nationwide class action lawsuit against The Phoenix Life Insurance Co. and The Phoenix Cos. on behalf of three dividend policy holders who claim the companies illegally diverted $55 million in dividends from the...

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Life Insurance - Phoenix Financial Services

Life Insurance Life insurance is a simple product designed to provide a lump sum or Monthly income payment on death. It is designed to provide your dependents with financial security on your death and ensure that they are not left with a shortfall in income. It can also be used to protect mortgage and loans to ensure they are not passed on to your estate. When did you last review your life insurance? Are you paying too much for your existing life insurance policies? How would your spouse/partner/dependents cope if you were to die tomorrow/next week/ next month? – have you cover in place? Have you any loans that are not covered by a life policy? Is your business sufficiently covered for...

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The Phoenix Building, Hartford,

Categories: Architecture, Hartford The Phoenix Building, Hartford The Phoenix Mutual Life Insurance Building, also known locally as the “Boat Building,” is home to the Phoenix Mutual Life Insurance Company at One American Row in Hartford ’s downtown. The building, a major architectural landmark in the city, is a significant example of the modernist architectural style that was prevalent in urban renewal projects in the 1950s and 1960s. The building was completed in 1963 and was listed on the National Register of Historic Places in 2005. Known technically as an elliptic lenticular cylinder or lenticular hyperboloid, the 13-story high-rise was the world’s first two-sided building and was...

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Phoenix Life Insurance and Marijuana - Do They Play Nice?

In our ceaseless search to find 420 friendly life insurance companies, Phoenix Life made our top 12 list. Phoenix Life insurance and marijuana have an interesting relationship. They seem to be shifting towards greater friendliness, but want to keep a conservative image at the same time. One can only assume this is because they began in the middle of the temperance movement by providing life insurance for teetotalers. In this review, we go over the company history, financial stability, products, and marijuana underwriting practices. Phoenix Life Insurance History The company originally began in 1851 and was called the American Temperance Life Insurance Company. It was founded in Hartford,...

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Phoenix Life Insurance Review -

The life insurance industry has been taking a step toward catching up to the needs of the modern day consumer and companies have started to provide products in a more convenient fashion. A lot of these include life insurance policies with simplified underwriting and offer no exam. There are many companies competing in the no exam life insurance bracket and Phoenix Life Insurance is one of them with their new Safe Harbor Term products. As an independent life insurance agency, we are able to give an unbiased review of the products we offer. So let’s review them and see how they stack up against the competition. Three different products available with different features, all with a simplified...

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Top Phoenix Life Insurance Lawyers - AZ Attorneys near you - LawInfo

Phoenix Life Insurance Information Has Your Life Insurance Coverage or Claim Been Denied? Has your life insurance claim been denied? If so, a life insurance attorney may be able to help you. There are many factors insurance companies look at when either signing individuals up for life insurance and paying out life insurance in the event of an insured's passing. A Phoenix life insurance attorney can discuss the facts with you and if possible, come up with a plan of action for you. Denial of Life Insurance An individual purchases life insurance so that in the event of your one's death, an insurance company will pay a beneficiary a predetermined amount of money. An individual can be denied...

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Phoenix No Exam Life Insurance Review - The Life Insurance Blog

Phoenix No Exam Life Insurance Review The need for life insurance can be common in many financial plans. That is because these financial vehicles can help loved ones and survivors to avoid financial hardship in case of the unexpected. Some who need life insurance are able to easily qualify, due to having good health, along with other low-risk factors in the eyes of the insurance company. Others, though, may not be able to secure the coverage they need – at least not through a fully underwritten policy. For these individuals, however, a no exam life insurance policy could offer the coverage that they need to provide themselves and those they care about with peace of mind. Prior to making a...

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Phoenix Group unveils Standard Life Assurance CEO, Insurance Business

Phoenix Group, which is about to get bigger when its deal with Standard Life Aberdeen crosses the finish line, has revealed additional management appointments – including the chief executive post for its acquired UK and European insurance business. Company veteran Susan McInnes became chief risk officer at Phoenix only three months ago… now she has been named as the incoming CEO of Standard Life Assurance, and will assume the role in Edinburgh upon completion of the transaction slated in the next quarter. Replacing McInnes is Standard Life Assurance CRO Jonathan Pears, who will join the Phoenix executive committee along with colleague John McGuigan. Retaining his current...

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