Sentences with phrase «invest on behalf of insurance companies»
Not exact matches
A lawsuit has been filed on behalf of retirement plan participants who have invested in guaranteed investment contract (GIC) accounts provided by United of Omaha Life Insurance Company.
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Your insurance company may be able to invest percentages of your policy into financial bonds, stocks and securities on your behalf.
A child insurance plan has certain feature that make it an ideal choice for parents.So if the policyholder dies, all the future premiums are waived.Also, in the case of this eventuality, the company not only offers a lump sum but also continues investing the money on behalf of the deceased.
In these policies, the insurance company utilizes a portion of the premium to meet administrative expenses and fund the death benefit, and it invests the remaining premium on behalf of the policyholder.
A certain amount of the premiums paid for the insurance coverage is invested on the policyholder's behalf by the insurance company.
This accumulated amount is handed over to the insurance company and the insurance company invests this amount on behalf of the annuitant and starts making regular annuity payments to the annuitant.
This amount will include the total of all your premiums paid, plus any bonuses you have received on the part of your premium that has been invested by the insurance company on your behalf (for eg, ULIPs).
This money is invested by the insurance company on behalf of the annuitant.
Many insurance companies invest on their own behalf, while others have formed management arms that invest on behalf of third parties, including tax - exempt institutions.