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ING relaunches corporate VUL product with enhanced pricing
ING Life Companies has relaunched its corporate variable universal life insurance product with enhanced pricing, the company said. The enhancement to INGCorporate VUL, issued by Security Life of Denver...
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Aegon to halt its executive non-qualified, BOLI, COLI sales in U.S.
Aegon is discontinuing new sales of executive non-qualified benefit plans, as well as bank-owned and corporate-owned life insurance, in the U.S. The company, which also announced cuts to its...
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Two ‘failed’ life insurance proposals included in Obama’s budget plan
President Barack Obama’s budget proposal for 2012, released Feb. 14, includes two recycled and “failed” life insurance proposals, according to an industry analyst. Jeffrey Schuman One of the budget...
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Obama’s 2013 budget will discourage people from buying life insurance
A group of insurance associations is concerned about the implications that new taxes included in President Obama‘s 2013 budget proposal, introduced Feb. 13, will have on the life insurance industry....
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SunAmerica restructures, seizing ‘unique time’ for growth, change
SunAmerica Financial Group is restructuring its life insurance and retirement services divisions as it seizes “a unique time for opportunity, change and growth.” The company, which handles American...
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With Obama re-elected and fiscal cliff, will life insurance be taxed?
As President Obama prepares for a second term, the prospect of a “fiscal cliff” forces the White House, Congress and the American people to finally focus on our nation’s most serious challenge: a...
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