Web Grocery Moms Demand Trust and Price in an On-Line Insurance Survey Conducted for Life4Mom


Web Grocery Moms Demand Trust and Price in an On-Line Insurance Survey Conducted for Life4Mom

Birks Erskine, EVP of Plinex, Inc. added, “A 30 year old woman can purchase a $100,000 whole life insurance policy at a standard rating for less than $50 per month, and the policy provides for tax deferred cash value build-up and constant premiums for the entire life of the woman.”The whole life policy has guaranteed cash values, currently calculated using 5.5% interest, the earnings on which are tax deferred. Cash values are not usually available on Term Life Insurance policies. Life4Mom is currently available in nine states but plans to expand to all states later this year.

North American Company for Life and Health Insurance and is marketed exclusively through the Internet. About Plinex, Inc. Since its founding in 1999, Plinex, Inc., has executed an exclusive agreement with North American Company for Life and Health Insurance www.nacolah.com to underwrite and administer its whole life insurance program available only through the Internet. Its initial web site, www.life4mom.com was launched December 1, 2003. It plans to expand distribution to all states in 2004.

North American Company for Life and Health Insurance Since 1886, Chicago-based North American Company for Life and Health Insurance has established a tradition of producing quality insurance products. North American’s product line is marketed in 49 states and the District of Columbia. A similar portfolio is available in New York through a subsidiary company, North American Company for Life & Health Insurance of New York.North American is a product-driven company that provides protection-oriented life insurance of superior value to the consumer.

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