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PFG was first founded under the name Bankers Life Insurance Company. [2] Bankers Life Insurance Company was founded by wealthy Des Moines bankers, including Edward Temple, Simon Casady, and Phineas M. Casady. [3] The bank was founded in 1879 with Temple as president and Phineas Casady as vice president. [4]
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If the insurance company issuing your annuity goes belly up, your principal and future payments aren’t insured by the federal government, the way bank deposits of up to $250,000 are at FDIC ...
Protective Life Insurance Company was founded in 1907 and paid its first death claim in 1909. In 1927, Protective merged with Alabama National Insurance Company, and Alabama National's president, Samuel Clabaugh, became the president of the combined companies which continued to do business as Protective.
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person.
Principal (finance) or principal sum, the original amount of a debt or investment on which interest is calculated Principal (bond), the face value of a bond; Principal Financial Group, a life insurance company
Kansas City Life Insurance Company is a public insurance company established in 1895 and located in Kansas City, Missouri. The company's 1,400 agents market individual life, annuity, and group products through agencies located in 48 US states and the District of Columbia .
Eventually Federal Judge William Kuntz ruled that the $4 million policy issued by Principal Life Insurance should be voided because Locker had substantially misstated his annual income as $800,000 when, in truth, his gross income at the time was no more than $225,000 and he was deeply in debt. [1]