Life Insurance Companies

Changes in Name,Lines of Authority, Redomestication

  • Aetna – Provider of life, health and retirement benefit plans and financial services.
  • AFLAC – World wide insurance carrier based in U.S. Offers accident, cancer,hospital indemnity, intensive care, long-term care, and life insurance plans.
  • American Savings Life Insurance Company – Life insurance provider specializing in youth, children, and college policies. The company also provides equity mortagage lending.
  • Bankers life Insurance Company – Offers a diversified portfolio of products including individual whole and term life insurance, credit life, accidental death, and annuities.
  • Banner Life Insurance Company – Offers low-cost term life insurance products in 47 states and the District of Columbia.
  • Beneficial Life Insurance Company – Offers an array of life insurance and other financial products and services, including whole life, universal life, term life, annuities, long term care, and disability insurance.
  • Berkshire Life Insurance Company – Provides disability income, whole and term life insurance. Also offers estate, retirement and pension planning products, including annuities, IRAs and mutual funds.
  • CIGNA – Formed in 1865 as Connecticut General, CIGNA is an employee benefits company in the U.S. and in selected markets around the world.
  • Equitable – Now part of AXA Offering individual and business life insurance, and annuities.
  • The Franklin Life Insurance Company – American Franklin Life writes interest-sensitive insurance products.
  • Gerber Life Insurance Company – Provider of budget supplemental term and whole life and health insurance policies for children, families and seniors.
  • The Guardian Life Insurance Company – An insurance company offering health, life, disability, annuities, investments, and pensions. Home office in New York City.
  • The Hartford Financial Services Group, Inc. – Provides investment products, life insurance and group and employee benefits; automobile and homeowners products; business insurance; and reinsurance.
  • John Hancock Insurance and Financial Services – Investment basics, mutual fund information and life insurance needs assessment for college savings and retirement planning.
  • Metropolitan Life Insurance Company – Products include homeowners, auto, boat, life, annuities, and IRA’s. The Life Advice Center has advice for family, health, money, purchases, business, and insurance.
  • Nationwide Mutual Insurance Co. – Provider of long-term savings and retirement products, including variable annuities, fixed annuities and life insurance, as well as investment management services, pension products and administrative services.
  • New York Life Insurance Company – Locate agents or offices by ZIP code. Use needs calculators. Includes information about life, annuity, long term care, and corporate insurance.
  • Northwestern Mutual Life Insurance Company – Offers personal, business, and financial planning. Site has policyowner service capabilities, career information, and information about their network.
  • Phoenix Home Life Mutual Insurance Company – A Fortune 500 company, the Phoenix provides insurance and investment management services.
  • Physicians Mutual Insurance Company – Offers life, annuity, hospital indemnity, cancer, long term care, hospital/medical/surgical, and Medicare supplement insurance.
  • Protective Life Insurance Offers a full line of life and investment solutions through the Protective Life and West Coast Life brands.
  • Provident Mutual – Insurance and financial services.
  • SBLI Mutual Life Insurance Company of New York, Inc. – Offers whole life, term life, and group mortgage insurance products in New York.
  • Security Financial Life Insurance CompanyNow Part of Assurity Life
  • Sun Life Assurance Company of Canada – Offers a variety of services and products, including life insurance, annuities, critical illness insurance, and group life, health and disability insurance.
  • SunAmerica Companies – One of the largest issuers of annuities and guaranteed investment contracts in the nation, serving over 2 million families nationwide. The corporation distributes its products through a network of independent broker-dealers, national and regional securities firms, banks and insurance agencies.
  • TD Insurance Centre – Toronto Dominion Life Insurance Company offers term life, universal life, travel, creditor, accident, disability, and critical illness insurance, as well as group benefits.
  • UnumProvident Corporation – Multi-national conglomerate of companies providing critical illness and accident insurance.
  • West Coast Life Insurance Company – Offers life insurance products including whole life, universal life, interest sensitive whole life, survivor life, and term-like life insurance.

Life insurance is a state regulated product. A carrier can only sell its products within a state with the approval of the proper state regulator. Although there is a national association of state insurance commissioners which proposals model legislation and universal standards of regulation for insurers, each individual state has the authority to set its own insurance standards and require that carriers adhere to those standards to be admitted to do business in that state. Each carrier that wishes to work in that state submits the proposed contract language for its policies and gains approval to provide that product in that state. There are many insurance products that are available in some states and not in others, and you’ll often find that the language on applications and other forms differs from state to state even for a single carrier. This is one of the reasons that it is critical for a signed insurance application to include the state within which the application was signed. The laws of the state where the application was signed will control the contract, not the state where the insurance agent or carrier is based, nor the state where the consumer resides. Here is a current list of websites for state insurance commissioners and regulators for the United States.

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