| Wedding | Fashion | Home | Onlypunjab Email Add Url | destination guide |
World News
Gadget News
Infotech News
Entertainment News
UK News
Culture News
ERP News
Science News
Asia News
Business News
Tech News
Webmaster News
Asia News
Hardware News
Security News
Legal News
South Asia
Africa News
Animal News

Website Main Page | News Main

Corporate Life Insurance Settlements
Publish Date : 6/23/2006 9:32:00 AM   Source : Insurance News Onlypunjab.com

Life insurance settlement is the purchase of the existing insurance policies from the policyholders at a fixed percentage of the total cash value of the policy. This can be taken advantage of by a senior citizen who thinks that his or her policy is no longer needed, or by a terminally ill person who is in bad need of money for meeting expensive medical treatment. If policy owners observe that their insurance policies are not performing well in the market, they will sell the policies to third parties generally life insurance settlement companies or brokers. The sole business of these organizations is nothing but purchasing existing insurance policies. A corporate life insurance settlement is obviously the life settlement of the insurance policies purchased by corporate employers for covering employees’ retirement plans.
The frequently used insurance by corporations is Corporate Owned Life Insurance (COLI). It is a life insurance policy purchased by a corporate employer to offset the fringe benefits of one or more employees under retirement schemes. So obviously, the corporate employer will pay all the premiums of the policy and will be the owner and the beneficiary of it. Normally employers will opt for corporate owned life insurance policies for discharging financial obligations under the employees’ retirement health benefit plan. The cash value of the policies is used by the employer for meeting the after-tax health insurance premiums for the retired employees.

However if the employee dies, the corporate employer will be in a position to cover a part or the whole amount of the plan out of the death benefit of the plan. Sometimes the amount so obtained can be used by the employer to pay the premiums on the other policies relating to other employees. If the employer thinks that the corporate life insurance is no longer needed, he will choose the option of corporate life insurance settlement with the outside parties. There are some online companies like American-Viatical.com who help the holders of corporate life insurance policies in the settlement process. The company diagnoses the true and fair market value of the policy and assists the policyholder for the smooth settlement of the corporate-owned life insurance policy. The company has not put any upper limit on the policy size of the life insurance settlement.

Life Insurance Settlements provides detailed information on Cash Life Insurance Settlements, Corporate Life Insurance Settlements, Life Insurance Settlement Loans, Life Insurance Settlement Options and more. Life Insurance Settlements is affiliated with Insurance Settlement Loans.



Onlypunjab.com
The Best Benefit in The Travel Insurance Industry Just Got Better         Publish Date : 11/5/2007 7:25:00 AM  
TravelSafe Insurance upgrades it's industry-first "Cancel For Any Reason" travel insurance benefit to cover up to 100% of travelers' non-refundable trip cost.

SASid and Markel Insurance Company Introduce Short Term Medical Health Insurance for Individuals and Families         Publish Date : 11/5/2007 7:23:00 AM  
SASid, Inc. and Markel Insurance Company announced today that they have joined together to offer short term health plans for individuals and families.

PrintsMadeEasy.com Announces Plans for New Line of Real Estate Business Cards         Publish Date : 11/3/2007 6:26:00 AM  
PrintsMadeEasy.com, the global leader in online printing solutions, today announced plans to release a new series of templates and designs for real estate business cards in 2008.

Sompo Japan Insurance Company of America Announces Selection of Millbrook and Oracle® Business Intelligence Solution         Publish Date : 11/2/2007 7:16:00 AM  
Millbrook Incorporated is pleased to announce that Sompo Japan Insurance Company of America has selected a solution based on...

Life Insurance Opportunities in Qualified Plans to be Focus of Nineteenth Annual Henry A. Deppe Lecture         Publish Date : 11/1/2007 7:07:00 AM  
Five financial experts will participate in Life Insurance Opportunities in Qualified Plans as part of The American College's nineteenth annual Henry A.

Lighthouse1 Announces CDH Event of the Year         Publish Date : 11/1/2007 7:07:00 AM  
Lighthouse1, the industry leading provider of consumer driven healthcare administration solutions, announced that Revolution '08, the first Lighthouse1 OnDemand™....

Partners Advantage Insurance Services, Inc. Merges with Maxx Financial Partners, LLC         Publish Date : 11/1/2007 7:07:00 AM  
Partners Advantage Insurance Services, Inc., and MAXX Financial Partners, LLC, announced today the completion of their merger, creating one of the ...

Website Exposes Dirty Little Secret of Private Mortgage Insurance (PMI)         Publish Date : 11/1/2007 7:07:00 AM  
Go.Toby.com, the popular real estate news and information website for Palm Coast, Flagler County, and Northeast Florida posts an article revealing ...

Silanis Sets the Record Straight on Electronic Contracting Myths         Publish Date : 11/1/2007 7:07:00 AM  
Leading electronic signature provider Silanis Technology has posted a recording of its recent Webcast, "Electronic Contracting - Dispelling the...

Employers Tackling Health Care Challenges with 21st Century Benefit Design         Publish Date : 11/1/2007 7:07:00 AM  
A new approach to health care in the 21st century should address the most acute challenges of our time and chart a new course through better use of data, ...

Total Results : 3507  
More News (Opens in New Window) :    [1]   2   3   4   5   6   7   8   9   10   11   12   13   14   15   16   17   18   19   20   21   22   23   24   25   26   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   92   93   94   95   96   97   98   99   100   101   102   103   104   105   106   107   108   109   110   111   112   113   114   115   116   117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   132   133   134   135   136   137   138   139   140   141   142   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158   159   160   161   162   163   164   165   166   167   168   169   170   171   172   173   174   175   176   177   178   179   180   181   182   183   184   185   186   187   188   189   190   191   192   193   194   195   196   197   198   199   200   201   202   203   204   205   206   207   208   209   210   211   212   213   214   215   216   217   218   219   220   221   222   223   224   225   226   227   228   229   230   231   232   233   234   235   236   237   238   239   240   241   242   243   244   245   246   247   248   249   250   251   252   253   254   255   256   257   258   259   260   261   262   263   264   265   266   267   268   269   270   271   272   273   274   275   276   277   278   279   280   281   282   283   284   285   286   287   288   289   290   291   292   293   294   295   296   297   298   299   300   301   302   303   304   305   306   307   308   309   310   311   312   313   314   315   316   317   318   319   320   321   322   323   324   325   326   327   328   329   330   331   332   333   334   335   336   337   338   339   340   341   342   343   344   345   346   347   348   349   350   351      Next Page
Canada News
Gadget News
Infotech News
Europe News
Health News
Middle East
Sports News
Advertising News
America News
Application News
Asia Pacific
Software News
Education News
Networking News
Technology News
Entertainment News
Add Your Link to Our Directory
Health Care Message Board
Travel News
Fitness News
Onlypunjab Coop | Latest News | Reprint Articles | meditation techniques |

Advertisment >> Website Hosting And Development At Affordable Cost
Copyrighted Material © Onlypunjab.com 1998 - 2004.      Maintained & Designed by G. D. Technolgies Pvt. Ltd.