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Life insurance industry in Asia-Pacific receives improved outlook

Thursday, June 3, 2010

Standard and Poor have announced that they have managed to improve its outlook for the Asia-Pacific life insurance industry from negative to stable.

The company’s Ratings Services has anticipated that the Asia-Pacific market will remain vulnerable to the on-going global economic difficulties, but expects the strong domestic demand for insurance contracts and the strengthened capitalisation of companies to fuel strong performance among life insurance companies in the Asia-Pacific region. ... Read full article

Category: Life Insurance

Building society customers to receive new life insurance policies

Wednesday, June 2, 2010

The CUNA Mutual Group have announced that they are launching a new life insurance product for customers of building societies. The new product, known as FamilyLife+ will only be sold through building societies, and promises to pay out valid claims in rather rapid 48 hours.

There are many benefits for policyholders including not having to answer medical questions, guaranteed acceptance if you are under the age of 70 and the qualification period for cover being only six months. It is desi ... Read full article

Category: Life Insurance
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