BNET Business Dictionary
Business Definition for: Convertible Term Insurance
- term insurance that the policyholder can convert to fixed life insurance under particular conditions
Additional Resources
- Coach Industries Group, Inc. Completes $7 Million Non-Convertible Debt Financing, Extinguishing Convertible Debenture
- COOPER CITY, Fla. -- Coach Industries (OTCBB:CIGI), offering an array of financial services and insurance products to commercial fleet operators, today announced the Company has completed a capital finance restructuring of the Company's outstanding Convertible Debenture by securing a $7 million Non-Convertible Term Note at an interest rate of Prime...
- Research articles 2005-11-02
- Jackson Natl. cuts level term costs. (Jackson National Life Insurance Co.)
- Jackson National Life has issued new upgraded 10-year and 15-year convertible and renewable term life insurance policies with lowered premium costs that will pay higher commissions to independent agents. The new 10-year policy, with a $100,000 minimum facJackson National Life has issued new upgraded 10-year and 15-year convertible and renewable...
- Research articles 1993-01-11
- Lincoln Launches Innovative Hybrid Term/UL Design
- PHILADELPHIA -- Building on its reputation as a leading provider of innovative insurance products, The Lincoln National Life Insurance company Lincoln announced the launch of Lincoln LifeStyle SelectSM. Now Lincoln offers an expanded suite of term products - Lincoln LifeStyle Select, a next generation, term alternative product on a universal...
- Research articles 2004-08-03
- Vesta To Acquire Life Company Interest.(Vesta Insurance Group to buy controlling stake in American Founders Financial Corp.)(Brief Article)
- Vesta Insurance Group Inc. in Birmingham, Ala., announced that it has entered into a letter of intent to acquire a controlling interest in American Founders Financial Corp. American Founders, a life holding company domiciled in Texas, offers universal and term life insurance and annuities...
- Research articles 2000-07-03
- ClubLink Announces New 6.315% $51 Million 20 Year Fully Amortizing Mortgage and Redemption of Balance of Outstanding 6% Convertible Debentures
- ClubLink Corporation ("ClubLink") (TSX: LNK) announced today that it has completed a Canadian $51 million mortgage with Pacific Life Insurance Company. The facility bears interest at 6.315% per annum, is fully amortizing over its 20 year term and is secured by two operating golf clubs. ClubLink also announced today...
- Research articles 2007-11-15
- ClubLink Announces New 6.315% $51 Million 20 Year Fully Amortizing Mortgage and Redemption of Balance of Outstanding 6% Convertible Debentures.
- KING CITY, ONTARIO, Nov 15, 2007 Marketwire via COMTEX -- ClubLink Corporation ("ClubLink") (TSX:LNK) announced today that it has completed a Canadian $51 million mortgage with Pacific Life Insurance Company. The facility bears interest at 6.315% per annum, is fully amortizing over its 20 year term...
- Research articles 2007-11-15
- ClubLink Announces New 6.194% $65 Million 20 Year Fully Amortizing Mortgage and Partial Redemption of Outstanding 6% Convertible Debentures.
- KING CITY, ONTARIO, Feb 7, 2006 CCNMatthews via COMTEX -- ClubLink Corporation ("ClubLink") (TSX:LNK) announced today that it has completed a Canadian $65 million mortgage with Pacific Life Insurance Company. The facility bears interest at 6.194%, is fully amortizing over its 20 year term and is...
- Research articles 2006-02-07
- Countrywide Financial Q2 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator Operator Instructions Your first question comes from the line of Paul Miller from Friedman, Billings, Ramsey. Please go ahead. Paul Miller - Friedman, Billings, Ramsey Thank you very much. Angelo, you've been through a lot of these different cycles out there and this doesn't seems to be...
- Earnings calls 2007-07-24
- Advanced Medical Optics, Inc. Q3 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator : [Operator Instructions]. And your first audio question comes from the line of Chris Cooley with FTN Midwest Securities. Chris Cooley - FTN Midwest Research Thanks. Good morning. Can you heart me okay? James V. Mazzo - Chairman of the Board, President and...
- Earnings calls 2007-10-25
- Fitch Affirms Zenith's IFS & Debt Ratings; Outlook Stable
- CHICAGO -- Fitch Ratings has affirmed the 'A-' insurer financial strength IFS ratings of Zenith National Insurance Corp.'s Zenith National three insurance subsidiaries, Zenith Insurance Company Zenith Insurance, ZNAT Insurance Company, and Zenith Star Insurance Company. Fitch has also affirmed Zenith National's long-term issuer rating of 'BBB-', convertible senior note...
- Research articles 2005-01-05
- Fitch Rates Zenith's Debt Issue 'BBB-'; Outlook to Negative
- Business Editors CHICAGO--BUSINESS WIRE--March 19, 2003 Fitch Ratings has assigned a 'BBB-' rating to Zenith National Insurance Corp.'s Zenith National $110 million private offering of convertible senior notes. Fitch has also affirmed Zenith National's long-term issuer rating of 'BBB-' and the 'BB+' rating of Zenith National Insurance Capital...
- Research articles 2003-03-19
- Embarcadero Buyer Hunts for Mortgage
- Boston Properties is expected to seek up to $400 million of long-term mortgages to help finance its blockbuster acquisition of the Embarcadero Center complex in San Francisco. The Boston REIT last week agreed to buy the trophy complex from Prudential Insurance and David Rockefeller Associates for...
- Research articles 1998-05-18
- Fitch Upgrades Selective's Debt and IFS Ratings; Outlook Stable
- CHICAGO -- Fitch Ratings has upgraded to 'BBB+' from 'BBB' the long-term issuer rating of Selective Insurance Group, Inc. Selective and the senior debt rating for Selective's $305 million senior unsecured convertible notes. Fitch has also upgraded to 'A+' from 'A' the insurer financial strength rating for the members of...
- Research articles 2004-10-19
- Fitch Ratings Assigns 'BBB' Debt Ratings to Selective; Outlook Positive
- Business Editors CHICAGO--BUSINESS WIRE--Dec. 16, 2002 Fitch Ratings has assigned a 'BBB' long-term issuer rating to Selective Insurance Group, Inc. Selective and a 'BBB' senior debt rating to Selective's recent $115 million offering of senior unsecured convertible notes. Fitch has also assigned an 'A' insurer financial strength rating...
- Research articles 2002-12-16
- Catlin Westgen Group Limited Announces $532 Million Capital Raising
- Business Editors Capital raising allows expansion of underwriting at Lloyd's and launch of Catlin Insurance Company Limited Catlin Westgen Group Limited ("CWGL" or the "Company") today announced the raising of $532 million of new capital (the "Transaction"). The Transaction consists of the subscription for $482 million of new...
- Research articles 2002-07-04
- Fitch Ratings Assigns 'BBB+' Sr. Debt Rtg To AmerUs Group
- Business Editors CHICAGO--BUSINESS WIRE--March 28, 2002 Fitch Ratings has assigned a long-term issuer rating of 'BBB+' to AmerUs Group Co. In addition, the following ratings were assigned to AmerUs Group Co.'s existing debt securities: 'BBB+' to the senior debt, 'BBB' to the Optionally Convertible Equity-Linked Accreting Notes OCEANs,...
- Research articles 2002-03-28
