A Lot of Insurance Quotes

I distinctly remember when we got the go-ahead from our underwriters at the time, Lloyds of London, and since I was out of the office on that day, I phoned in to purchase our first policy.

Wed been training our first 2Embracers, Chris and Lea, on the phones by having people (including my mom) randomly call in to pretend to buy a policy so I didnt tell Lea, who happened to answer the phone this time around, that this was a “live” purchase until the end of the call.It was a giddy feeling for all of us when I told her to put through my real credit card info and really buy the policy.

A lot has changed since we sold that first policy but we remember our humble start fondly. We now have 24 Embracers, plus were about to hire another 2.

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Okay, I would understand how a reader might cynically look at the title of this post and think that Im exploiting the death of Steve Jobs.  I imagine others are guilty of doing this to boost circulation and search engine rankings.  However, his death affected me more than I would have thought possible, considering that I have never been  an Apple fan boy.

I am not one who usually waits in long lines for every new Apple product release (okay, I have to admit that I did wait in line for the iPad2 for a couple of hours the day it came out).   As a matter of fact, I am more likely to avoid a product that, it seems, everybody else must have (I was an early Android phone adapter rather than jump on the iPhone bandwagon). 

So, why am I writing this post about Steve Jobs in a blog about life insurance? Its s

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The Polish Roman Catholic Union of America, also known as PRCUA, is the starting company (or mother company) of Polish American fraternals. PRCUA is based in Chicago and was established in 1873. They offer life insurance and annuity products that fit individual budgets and needs.

To compare different health insurance rates you can type in your zip code and find rates that meet your individual needs.

PRCUA offers term and whole life insurance, combinations of both term and whole, along with both non-qualified annuities and IRA’s. They also offer several ways for these programs to be paid keeping them competitive with other companies.

PRCUA takes pride in the fraternal activities that surround their company and encourages members to do so as well. T

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More than one-third of all retirees receive income from an annuity in retirement, according to a new LIMRA study.

Most retirees who meet their daily expenses with income primarily from pensions and Social Security rely on annuities for 4% of their income, said Jafor Iqbal, associate managing director of LIMRA Retirement Research.

“But in the coming years, we expect to see fewer Americans retiring with pensions and more relying on their personal savings to fund their retirement,” Iqbal said in a statement. “Annuities will provide a reliable way to convert that savings into a guaranteed income stream.”

LIMRA found that the likelihood of taking income from an annuity increases with age. Only 19% of retirees under age 65 receive income from an annuity, but the number jumps to 49% when looking at retirees age 75-79.

Household income seems not to affect whether retirees receive income from an annuity.  About a third of retired households with incomes under $75,000 rely on income from an annuity; the retired households with incomes of more than $75,000 increased about 5%, LIMRA said.

Retirees with household assets under $100,000 are about half as likely to receive income from an annuity (22%) as those with assets of $250,000 to $499,000 (45%).  About 40% retired households with assets above $500,000 receive income from an annuity.

Only one-fifth of retirees who are receiving income from an annuity say they have received it from an immediate annuity.  The study found that all other annuity income recipients are taking withdrawals from their deferred annuities.

“All of our research has revealed that consumers are attracted to guarantees with their financial products – especially when the economy is performing poorly,” said Iqbal.  “This hold true for retirees as well.  Our study found that 40 percent of retirees receiving income from annuities say their annuity income is guaranteed for life.

The online survey was conducted in October 2010, using respondents age 55 to 79 who had been retired for at least one year and had not worked for pay within the past year, and had household incomes of at least $35,000.

SSQ Financial Group has acquired AXA Life Insurance from Intact Insurance for $300 million.  With the support of its majority shareholder, Fonds de solidarité FTQ (FSTQ), the newly-formed SSQ Insurance Company Inc. will become an entity of SSQ Financial Group.

AXA Life Insurance, a subsidiary of AXA Canada, was acquired by Intact Financial Corporation as part of the $2.6 billion acquisition of AXA Canada.  AXA Life Insurance, which has approximately 250 employees, offers health and life insurance products through a vast network of agents. In 2010, AXA Life Insurance premiums amounted to $169 million.

[The] announcement reflects our strategic priorities which are to accelerate our growth and diversify our activities through acquisitions. We are p

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