Posted on: Saturday, December 10th, 2011 by jcliff

Unum Group, the provider of disability insurance, group Unum life insurance, and payroll-deducted voluntary benefits, is feeling the market pressure as they are down 2.7% to $21.72.  Over the past year, Unum Group share prices have been bracketed by a low of $19.72 and a high of $27.16, which is 10% above the low price according to the article “Shares of Unum Group Under Pressure, Down 2.7%” by Peter Chu on FNNO.com.

During the last five trading sessions, the 50-day moving average has increased .3% while the 200-day MA has slid .3%.  This isn’t the …

Posted on: Saturday, October 29th, 2011 by jcliff

You wouldn’t think of life insurance companies as an option for mortgage lending, but times are changing.  According to the New York Times article “Insurers See An Opening in Commercial Mortgages” by Julie Satow, the commercial mortgage market has been volatile and this is allowing life insurers to take advantage of this market and become stronger lenders.

The mortgage industry has been plagued with weak investor interest, wary lenders and continuous warnings from rating agencies about the high risks associated with mortgage lending.  This gave life insurers a unique opportunity to participate more than usual in …

Posted on: Tuesday, September 20th, 2011 by jcliff

As more Americans are keeping a close watch on their pockets, they are foregoing some basic financial products, including life insurance.  With many employers offering employer-sponsored group life insurance plans through providers such as Unum Life Insurance, consumers feel extra income spent on premiums for individual life insurance can be saved.  Is this really a good idea though?  Should Americans be relying solely on their employer for life insurance?  While this may be the cheapest route to take, there are some downsides to consider before you make this choice.

First, unemployment rate is currently high, …

Posted on: Saturday, May 21st, 2011 by admin

The number of term life insurance quotes taking place is declining due to appealing new products in the life insurance marketplace.  More and more people are passing up the simplicity of term life insurance products for more complicated hybrid policies that often offer more benefits.

According to the article “Term Life Insurance Declines as Hybrid Policies Gain Ground” by Dawn Kawamoto on DailyFinance.com, the amount of new term life insurance policies in the US has dropped to 41.1% of the life insurance market in 2009 compared to 44.6% in 2007.  This information is from a …

Posted on: Tuesday, April 12th, 2011 by admin

Many companies offer life insurance to their employees as an added perk to benefits packages.  Insurers such as Unum Life Insurance, supply this life insurance at affordable prices and offer competitive deals.  Life insurance purchased through your employer can be affordable, often times requires no physical examination, and follows you even if you switch jobs.  This is a great option for employees and many times they are unaware it even exists.

Some insurers offer useful, value-added services with group life insurance plans that are readily available.  Interest-sensitive whole life insurance gains cash value that can …