Latest Life Insurance Settlements News Update January 09, 2009 at 04:50 AM

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Getting the OK on life policy takes some time (The


Getting the OK on life policy takes some time (The Cincinnati Enquirer)
Question: I recently bought a life-insurance policy and wound up paying for two months before I was actually covered by the policy. Is this fair?

BIR order will hike insurance cost (GMA News)
MANILA, Philippines - Insurers are warning of higher premiums after the Bureau of Internal Revenue (BIR) insisted on a P15 documentary stamp tax (DST) on certificates issued to employees covered by a group life insurance policy.

Kotak cuts insurance cost, others to follow (Hindustan Times)
Kotak Life Insurance on Thursday announced the reduction in the cost of its normal term plan by 34 per cent and by 18 per cent on its preferred term plan.

Life insurance premiums in China expand 67% in first 7 months (People's Daily)
Life insurance companies in China, both domestic and foreign-funded, collected 481.89 billion yuan (70.55 billion U.S. dollars) in premiums in the first seven months of this year, up 66.7 percent year-on-year, the China Insurance Regulatory Commission (CIRC) said on Thursday. The growth rate was 2.3 percentage points higher than in the first half alone, it said. In terms of life insurance ...
 


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