FACT:
In 2008, beneficiaries of life insurance policies received $60 billion in death benefits.
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Bloomberg Article Gives Short Shrift to the Benefits of Retained Asset Accounts |
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In response to a recent news report from Bloomberg Markets magazine, ACLI stated that retained asset accounts provide a significant benefit to family members dealing with the emotional loss of a loved one by providing a secure place for life insurance policy proceeds until the funds are needed. Read the entire statement. |
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Financial Security Through Employee Benefits Programs |
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The life insurance industry is the leading provider of products and services for employer-sponsored benefits packages, including products that protect against the risk of premature death, extended disability, long-term care, as well as retirement savings plans. Download ACLI’s brochure (PDF) to learn how these products are offered through the workplace. |
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ACLI is a Washington, D.C.-based trade association with more than 300 legal reserve life insurer and fraternal benefit society member companies operating in the United States. ACLI members represent more than 90 percent of the assets and premiums of the life insurance and annuity industry. In addition to life insurance and annuities, ACLI member companies offer pensions, 401(k) and other retirement plans, long-term care and disability income insurance, and reinsurance.