Life Insurance

Life insurance refers to a specified amount of capital—the death benefit—that is paid to beneficiaries upon the death of the policyholder. There are many different forms of life insurance including term life, whole life and universal life. Term life is arguably the most basic form of life insurance and is intended to provide financial protection through income replacement in the event of the premature death of the policyholder. There are also many different uses of life insurance such as income replacement, estate planning and tax planning.

Barrons Remains Optimistic on Several Life Insurers Receiving TARP Funds

Barrons--a weekly trade publication for the investment community--has written favorably on parts of the U.S. life insurance sector over the past several months. In particular, Barrons had singled-out perceived opportunities with shares of Hartford Financial Services Group and Prudential Financial. The publication remains bullish on several of the companies that were recently approved for TARP funds. In addition to Hartford and Prudential, Barrons has favorable views of Allstate and the...
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Life Insurance Companies to Receive $22 Billion in TARP Funds

Life insurance companies that have bank holding company status and applied for TARP funds prior to November 14 2008 will receive $22 billion in TARP funds from the U.S. Treasury. Companies that are set to receive funds include: Hartford Financial Services Group, Prudential Financial, Principal Financial Group, Lincoln National, Allstate and Ameriprise Financial. Many life insurers--particularly those with meaningful variable annuity businesses--have been significantly impacted by the capital...

Buffett Blasts Life Insurers for Taking on Crazy Risks with Variable Annuity Guarantees

Credit risk and the general health of life insurance companies that provide variable annuities were topics of conversation during the recent...

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Warren Buffett Comments on Social Security as a Form of a Nationalized Annuity

Warren Buffett had some comments on the life insurance and...

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