New plans, new policies

Article Abstract:

Provident Life and Accident has changed its non-cancelable disability plan: it is offering an underwriting discount for professions that are good risks and has implemented flexible coverage for mental disorders and substance dependencies. The Principal Financial Group has issued a new disability portfolio that offers two new disability plans and two new disability products. New polices and plans from Chubb LifeAmerica, Catholic Knights Insurance Society, the New England, Minnesota Mutual Plans, and The Travelers are detailed. Principal Health Care announced it would acquire TakeCare (St. Louis, MO), a heath maintenance organization.

Publisher: A.M. Best Company, Inc.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1992
Hospital and medical service plans, Insurance agents, brokers, & service, Accident and health insurance, Mergers, acquisitions and divestments, Services, Insurance industry, Life insurance industry, New England, Travelers Corp., Chubb Life of New Hampshire, Principal Mutual Life Insurance Co., Provident Life and Accident Insurance Company of America, New England Mutual Life Insurance Co., Principal Health Care Inc., TakeCare Corp., Minnesota Mutual Life Insurance Co., Catholic Knights Insurance Society

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Tried-and-true paths to college funding

Article Abstract:

Parents and grandparents have several alternatives to single-premium deferred annuities for saving money for their children's or grandchildren's college education. These alternatives include zero-coupon bonds, savings bonds and life insurance. Zero-coupon bonds have the disadvantage of including interest credited in taxable income. Series EE savings bonds are a safe, liquid investment. Life insurance is an attractive option because it offers tax-deferred accumulation of cash values and because several different ownership arrangements can be made.

Author: Smith, Dan W.
Publisher: A.M. Best Company, Inc.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1992
Methods, Usage, Finance, Financial planning, Life insurance, Education, Higher, Higher education

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