Life Insurance Concerns Merge

Life Insurance Concerns Merge

Merges with Mt Vernon Life Ins Co; new co to retain Northeastern name; H L Hutner to be pres, L L Monnett Jr exec vp

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Life Insurance Sales Dip

Annual rept; profits record set yrly since ’54

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Old Mutual Sells U.S. Life Insurance Unit to Harbinger

Old Mutual, Africa’s biggest insurer, rose to the highest in more than two years in London trading after announcing a return to profit and the sale of its American life-insurance unit to Harbinger Capital Partners for $350 million.

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SPENDING IT;The Hubbub Over Prices Of Term Life Insurance

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Your Own Account;
Uncommon Sense Life Insurance

WHEN buying life insurance policies with an investment element, consumers may have to put aside notions of common sense. The best policy, for example, is generally not the one with the lowest premium.

The wild card is the policy’s investment comp…

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