15 Year Term Life Insurance - Term Life Insurance

West Bancorporation, Inc. Announces Results for 1st Quarter of 2010 MarketWatch (press release)

29.04.10

(The "Company"), parent company of West Bank, reports net income available to common shareholders of $2.8 million or $0.16 per common share for the first quarter of 2010 compared to net income available to common shareholders of $2.4 million or $0.14 per common share for the same quarter in 2009. "We are pleased to see continued improvement in our earnings over the past three quarters," said Chairman Jack Wahlig.

The improvement in net income can largely be attributed to a reduction in the quarterly provision for loan losses. The results for the first quarter of 2010 included a provision for loan losses of $2 million compared to $3.5 million a year ago. The allowance for loan losses as a percentage of loans outstanding as of March 31, 2010, was 2.04 percent. This is up from 1.61 percent a year ago. Management believes the allowance is adequate to absorb the losses inherent in the loan portfolio, although the uncertain economic environment will continue to be a significant determinant of future loan losses. During the first quarter of this year, total nonperforming assets increased by $3.5 million to $56.5 million. The following changes in nonperforming assets took place during the quarter: nonaccrual loans decreased by $0.9 million, restructured loans increased by $3.7 million, and other real estate owned grew by $1.6 million. Although the level of nonperforming assets remains higher than we like, the nonperforming assets that have been liquidated were sold at or near the carrying value of those assets. It should be noted that while restructured loans are considered nonperforming assets for regulatory purposes, those loans are earning interest income, albeit at a lower level than before the loans were restructured. Loans outstanding totaled $992 million at March 31, 2010, down from $1.12 billion a year ago. Demand for new loans continues to be soft.

Source:

Low Cost Term Life Insurance - The Most Used Low Cost Policies

by: Donald Lusan

We all want to buy low cost term life insurance. It is just the wise thing to do. I was recently having a casual conversation with one of my neighbor about life insurance and was surprised to see the amount of premium he was paying for term insurance.

I did some research for him and found the exact type of policy that he had for about half of the premium he was paying. This policy was from one of the better known life insurance giants...a company over 100 years old.

You can find low cost term life insurance from a reputable life insurance company if you take the time to do the research. Look for the carriers that are rated A+ or better by the A.M Best company. A.M. Best does the research, that is their function.

The most popular term life insurance policies are the 10 year term policy, the 15 year term policy, the 20 year term policy, the 25 year term policy and the 30 year term policy. Let us take a look at each and see how you could benefit from one or more of these low cost term life insurance policies.

10 Year Term Life Insurance

10 year term has a very low premium cost per $1000 of death benefit. If you need a policy to protect your loved ones for a short period of time then this may be the right policy for you. Let us say your youngest child is 15 years old and you expect that this child will graduate college by age 25 all you need to do is to calculate the amount of income you will need each month for the next 10 years and buy a policy sufficient to provide this income. The death benefit remains level for the entire 10 year period. It never decreases.

15 Year Term Life Insurance

The 15 year term policy can also be considered a low cost term life insurance policy. It is usually used in a similar manner to the 10 year term but for a longer period. If your youngest child is age 10 then you would need a 15 year term policy to do the job of protecting your dependent...

Read more...

15 year term life insurance - News


Foresters and community partners volunteer to build new playground for Sidener ... Reuters
- Oct 17, 2009
Foresters and community partners volunteer to build new playground for Sidener ReutersForesters, a member-based life insurance provider with members throughout Indiana, funded and organized the playground build with KaBOOM!, local parents, and more »

UPDATE 1-AIG sees $1.4 bln loss on Taiwan unit sale Reuters
- Oct 15, 2009
UPDATE 1-AIG sees $1.4 bln loss on Taiwan unit saleReutersN) said on Thursday it expects to recognize a loss of about $1.4 billion on the sale of Nan Shan Life Insurance Co, its life insurance unit in Taiwan. AIG Says Taiwan Sale Will Cut Profit by $1.4 BillionAIG's Taiwan Unit Sale Will Cost $1.4 Billionall 43 news articles »

Test-Driving Retirement Plans Wall Street Journal
- Oct 16, 2009
Test-Driving Retirement PlansWall Street JournalHe suggested the Ryans consider using the $3600 they currently spend annually on life-insurance premiums for Jack on a long-term-care insurance policy. and more »

Why death bonds are an issue of grave concern Globe and Mail
- Oct 16, 2009
Why death bonds are an issue of grave concern Globe and Mail Globe and MailWhy death bonds are an issue of grave concernGlobe and MailThe bonds are created by intermediaries that buy up life-insurance policies from policy holders – typically seniors looking to cash out their policies and more »

US Stocks Decline, Led by Shares of Banks, Health Insurers Bloomberg
- Oct 13, 2009
US Stocks Decline, Led by Shares of Banks, Health InsurersBloomberg“Long-term organic growth seems to be out a few quarters.” Life insurers had the two biggest declines in the S&P 500. Hartford Financial Services Group Inc. and more »