Friday, April 17, 2009
Term Life Premiums Change Direction Upward
The rigid credit market is hitting term insurance premiums, reversing a long downward trend in the cost of one of the most inexpensive forms of life insurance.
Rates on some policies have risen between 2% and 15% at insurance carriers such as Prudential Financial (PRU), Banner Life Insurance Co. in Rockville, Md., Genworth Financial Inc. (GNW) and ING Group (ING). Some companies are getting rid of or increasing prices on popular products that guarantee consumers a return of premium at the end of the policy's term...
WSJ: Term Life Premiums Change Direction Upward (subscription required)
Rates on some policies have risen between 2% and 15% at insurance carriers such as Prudential Financial (PRU), Banner Life Insurance Co. in Rockville, Md., Genworth Financial Inc. (GNW) and ING Group (ING). Some companies are getting rid of or increasing prices on popular products that guarantee consumers a return of premium at the end of the policy's term...
WSJ: Term Life Premiums Change Direction Upward (subscription required)
Permalink posted by markw @ 5:06 AM 
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