There are several different life insurance companies currently operating in America. The top 10 life insurance companies, as rated by the website Best Life Insurers, are: MetLife, Prudential Financial, Northwestern Mutual, New York Life Insurance, Massachusetts Life Insurance, Aflac, Reinsurance Group of America, Lincoln National, Principal Financial, and Genworth.
Group life insurance is written for employee groups, unions, creditors, and other similar groups to provide insurance coverage to a number of individuals under one contract. The underwriting is based on the group not the individuals. This insurance is typical of a employee benefit where every employee has a certain amount of coverage regardless of health or other factors.
Mutual funds work on the principal that it is sound to diversify your financial investments. While many individuals do not have the capital to sufficiently diversify their financial portfolio by have a group of investors pool their money they can have a very diverse portfolio with even a modest investment. The pool of money is managed by a fund manager who takes a fee which is a annual percentage of the value of the fund.
Roddy Boyd has written: 'Fatal risk' -- subject(s): Financial crises, Inc American International Group, Insurance companies, Global Financial Crisis, 2008-2009, Federal aid, History 'Fatal risk' -- subject(s): Financial crises, Inc American International Group, Insurance companies, Global Financial Crisis, 2008-2009, Federal aid, History