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In March 2003, Jackson entered the registered investment adviser channel with the launch of Curian Capital LLC. Jackson's acquisitions of Life Insurance Company of Georgia in 2005 and SRLC America Holding Corp. (SRLC) in 2012 each added 1.5 million in-force life insurance and annuity policies to Jackson's books. [7]
Jefferson-Pilot Corporation was a Fortune 500 company based in Greensboro, North Carolina, founded in 1986 from the merger of Jefferson Standard Insurance (founded 1907 by Charles W. Gold and Pleasant D. Gold, Jr., sons of Pleasant Daniel Gold) and Pilot Life Insurance (founded 1903).
The life insurance giant offers a wide range of annuity products, including fixed deferred, income and variable annuities. Where New York Life really shines is in its easy-to-use side-by-side ...
The Life and Casualty Insurance Company of Tennessee was a life insurance company based in Nashville, Tennessee, founded in 1903 by A. M. Burton (Andrew Mizell Burton), great-grandfather of singer Amy Grant. [1]
Term life insurance: Term life insurance offers coverage for a fixed period of time, perhaps for 5, 10 or even 30 years. If the policyholder passes after the term of the insurance, then the ...
In 2020, the National Association of Insurance Commissioners (NAIC) updated its Suitability in Annuity Transactions Model Regulation to include a “best interest” standard. This change requires ...
In 1904, American Central Life Insurance Company established its Reinsurance Division, which as of 2015 is the oldest life reinsurance company in the U.S. In 1930, Knights of Pythias separated the insurance program, creating United Mutual Life Insurance Company Inc. Then, in 1936, American Central and United Mutual merged to form American ...
An annuity has two broad periods in its life — the accumulation phase and the annuitization, or payout phase. In the accumulation phase, you’re putting money into the annuity as a lump sum or ...
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