NEWARK, N.J., & BELLEVUE, Wash., September 05, 2019 - Prudential Financial, Inc. ( NYSE: PRU ) today announced that it has signed a definitive agreement to acquire Assurance IQ, Inc., “Assurance,” a profitable, fast-growing direct-to-consumer platform that transforms the buying experience for individuals seeking personalized health and financial wellness solutions. Terms of the acquisition include a total upfront consideration of $2.35 billion, plus an additional earnout of up to $1.15 billion in cash and equity, contingent upon Assurance achieving multi-year growth objectives. Using a combination of advanced data science and human expertise, Assurance matches buyers with customized...
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Maybe you’re signing the paperwork for a rental car, ready to zip up the West Coast for your end-of-summer vacation, when the agent asks if you’re also going to be adding rental insurance. You pause. The agent starts talking about liability, and you see dollar signs piling up. You ask yourself: “Do I really need rental car insurance?” “Whether it comes down to your personal auto coverage or purchasing coverage from the rental company is a personal choice,” says Sean Scaturro, Director of Insurance Advice and Certified Financial Planner practitioner for USAA. The truth is there is no clear-cut answer when it comes to purchasing insurance for your rental...
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OUR PLEDGE: HONESTY, INTEGRITY AND TRUST ARE CORNERSTONES OF ALLIANCE WEST INSURANCE, INC. WE TREAT OUR CLIENTS WITH RESPECT AND COURTESY. Alliance West Insurance, Inc. offers one-stop shopping. Committed to helping American families improve the quality of their lives, we offer a wide array of insurance products such as auto, home, renters, business, life, health and other financial services designed to meet the financial needs and protection requirements of individuals, families, and businesses. One call puts you in touch with someone who can do the comparison for you. Additionally, we are sure that you will see the value of working with skilled professionals who will be there for you as...
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In a Brokerage environment, creating life insurance proposals means working with multiple carriers, multiple clients and multiple illustrations. The last thing you need is multiple software systems. Instead, introduce yourself to WinFlex Web from EbixExchange Corporation – the illustration system designed to offer agents a single system for multiple carriers as well as the most popular advanced sales concepts including split dollar, executive compensation and group carve out. Run Comparisons! Once logged in, click on WinFlex Express to run comparisons on Guaranteed UL, UL, and Term products! Click here for more info. WinFlex Express was developed to allow you to quickly run more basic...
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Great-West Lifeco announces plan to proceed with amalgamation of Great-West Life, London Life and Canada Life Winnipeg, MB, July 19, 2019... Today, Great-West Lifeco Inc. announced that the boards of directors of its three Canadian life insurance companies, The Great-West Life Assurance Company, London Life Insurance Company and The Canada Life Assurance Company, and their holding companies, Canada Life Financial Corporation and London Insurance Group Inc., have unanimously approved plans to proceed with the amalgamation of these five entities into one company – The Canada Life Assurance Company. Subject to regulatory and policyholder approval, the amalgamation is expected to be...
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Lee v. West Coast Life Ins. Co., ___F3d __No. 11-55026 (9th Cir., July 31, 2012) (J. Paez) WHERE INSURER INTERPLEADS LIFE INSURANCE PROCEEDS AND PARTIES AGREE TO A DIVISION OF THE PROCEEDS INSURER REMAINS POTENTIALLY LIABLE FOR INDEPENDENT TORT CLAIM Steve Lee Sr. owned a life insurance policy with an $800,000 death benefit issued by West Coast Life. He changed the beneficiaries and ownership of the policy several times. After Lee Sr. died several surviving relatives came forward claiming to be the rightful beneficiaries under the policy. West Coast Life took the position that at least one of the attempted beneficiary changes was made improperly and was therefore ineffective. These...
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Protective Life Training Portal Protective Life Corporation and its subsidiaries provide financial security through insurance and investment products to individuals and families across the United States.* Life insurance products are marketed through our Life and Annuity Division and West Coast Life Division and under the banners of three companies: Protective Life Insurance Company, West Coast Life Insurance Company, and Protective Life and Annuity Insurance Company (our New York licensed company). Our Acquisitions Division acquires blocks of policies from other companies. Having successfully invested in these transactions for many years, we have developed expertise and know-how in this...
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Typically your auto insurance covers the replacement value of your vehicle, however, in many cases there can be a GAP between this number and what is actually owed on your vehicle. GAP also covers your deductible on your insurance policy up to $1000.00. GAP protection covers you when you have a total loss on your vehicle and your automobile insurance does not pay off the entire balance remaining on your loan. Your GAP protection kicks in and covers the difference to protect you from having to pay the difference yourself. ADR covers payment of your accident deductible up to $500.00, two times per year. The ADR covers accidents where there is not a total loss however the cost to fix the...
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Protective Life Corporation began as the Protective Life Insurance Company in 1907. Two years later the company paid their first death claim. By 1932 the company celebrated its 25th anniversary with more than $65 million in policies. They were approaching $1 billion in insurance by the 50th anniversary in 1957. In 1997 Protective established its national presence by acquiring West Coast Life. Growth reached $252 billion in insurance policies by its 100th anniversary in 2007. In 2014 Protective teamed up with Costco Wholesale to offer discounted life insurance coverage to members of the wholesale chain. The total insurance coverage for the company totaled $427 billion by 2010. In 2015, the...
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