Lincoln Benefit Life
Short Company Name:
Lincoln Benefit Life
Long Company Name:
Lincoln Benefit Life Company
Company Type:
Insurance Company
Phone Number:
800-525-9287
Year Founded:
1938
Key Phrases:
Glossary:
Annuity
An annuity comes in many forms, but a simple definition is that an annuity is a contract that converts a sum of money into a series of periodic payments for an agreed upon period of time. An annuity can be thought of as a financial vehicle that converts a pool of money into a stream of income. Annuities are most useful in addressing the financial planning needs of people in or approaching retirement. Annuities are unique in the financial world because they can provide protection against the risk or outliving one’s assets (longevity risk) by guaranteeing income payments in perpetuity or any other selected amount of time. Annuities can be viewed as a type of personal pension plan. Social Security is similar to an annuity in that money contributed over the course of one’s working years is converted into a series of periodic payments that provide income during retirement.
Thrivent
Short Company Name:
Thrivent
Long Company Name:
Thrivent Financial For Lutherans
Thrivent Financial is a company dedicated to serving Lutherans in the insurance and banking sector. Thrivent is a Fortune 500 financial services organization and is a faith-based organization. Thrivent is the largest fraternal benefit society in the United States. Products include annuities, mutual funds, insurance, banking, and church loans. Brief descriptions of product areas is as follows:
Company Type:
Insurance Company
Web Site:
Phone Number:
800-847-4836
Fax Number:
800-225-2264
Year Founded:
1902
Key Phrases:
Glossary:
Penn Mutual
Short Company Name:
Penn Mutual
Long Company Name:
Penn Mutual Life Insurance Company
Company Type:
Insurance Company
Web Site:
Phone Number:
800-523-0650
Fax Number:
215-956-7699
Year Founded:
1847
Key Phrases:
Associated Products:
Key Phrases:
Key Phrases:
Old Mutual
Short Company Name:
Old Mutual
Long Company Name:
Old Mutual
The companies that comprise Old Mutual's U.S.
Company Type:
Insurance Company
Web Site:
Phone Number:
800-445-6758
Fax Number:
410-895-0132
Year Founded:
1845
Ticker Symbol:
OML.L
Pacific Life
Short Company Name:
Pacific Life
Long Company Name:
Pacific Life Insurance Company
Pacific Life Company provides its customers with services in annuities, college savings, life insurance, mutual funds, and other products. It also provides financial planning and educational information to its customers. Products include:
1) Fixed Annuity: A fixed annuity provides defined growth of principal and interest, free from taxes until money is withdrawn. Fixed annuities generally guarantee a fixed amount of interest for several years; others guarantee rates from one to three years, and renew at the option of the insurance company.
Company Type:
Insurance Company
Web Site:
Phone Number:
800-800-7646
Year Founded:
1868
Key Phrases:
Glossary:
