What happened to New England life insurance company?
Sep 22, 1994 · The Commission and The New England now agree to the following findings of fact and conclusions of law: 1. The New England, a Massachusetts corporation, is the state's third largest life insurer. It employs 2,300 employees in its Boston office, and has approximately 3,000 agents nationwide at 85 general agencies. 2.
What is New England Mutual Life Insurance Company?
Doing Business As: The New England Life Insurance Company. Company Description: Don't accuse New England Life Insurance of a regional bias. The company, which operates as New England Financial, provides insurance and financial planning products and services throughout the US. Targeted to small and midsized business owners and wealthy individuals, New England …
What kind of insurance does New England financial offer?
Brighthouse Financial is the brand name for Brighthouse Life Insurance Company, Brighthouse Life Insurance Company of NY, and New England Life Insurance Company. Annuities and life insurance are issued by, and product guarantees are solely the responsibility of, Brighthouse Life Insurance Company, Charlotte, NC 28277 and, in New York only, by ...
What is the address for New England financial policies?
Working throughout the entire State of Connecticut to protect what matters most to our community is what we love doing! As an independent insurance agency, we work for you by working with over 75 different insurance companies to make sure we can find you the best match. Ready for Your Free Quote?
What happened to New England Mutual Life Insurance Company?
The Metropolitan Life Insurance Company of New York purchased New England Mutual Life in 1996. New England Mutual Life continues as a subsidiary of Met Life.
Who bought New England life?
On June 22, 2017, the Division of Insurance issued its decision, F2017-01, with regards to Brighthouse Financial's request to acquire New England Life. For those unfamiliar with Brighthouse Financial, it is a new company that is essentially a rebranding of Met Life's U.S. Retail Business.Jun 26, 2017
Who bought New England insurance?
The merger with much-smaller New England Mutual would allow MetLife, the nation's second-largest life insurer, to become a more formidable rival to No. 1 Prudential Insurance Co. of America. The merged company would hold more than $9 billion in total capital and about $152.6 billion in assets.
Why living in New England is the best?
Populated by young professionals, families, students and retirees, this progressive and culture-packed area is known for its distinct seasons, iconic seafood and highly ranked schools. It's also one of the most beautiful places to live in the world.May 15, 2019
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General Liability
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Principal Subsidiaries
New England General Life Insurance Company; New England Variable Life Insurance Company; New England Financial Advisors; New England Investment Companies, Inc.; New England Institutional Marketing.
Further Reading
Clark, Sydney A., The First Hundred Years of the New England Mutual Life Insurance Company: 1835-1935, Boston, New England Mutual Life Insurance Company, 1935; Collier, Abram T, A Capital Ship, New England Life: A History of America’s First Chartered Mutual Life Insurance Company 1835-1985, Boston, New England Mutual Life Insurance Company, 1985; Suskind, Ron, “ Matters of Life and Death, ” Boston Business, June 1, 1988..
New England Financial Whole Life Insurance
While New England Financial is well known for being an office of MetLife, it offers a variety of unique whole life insurance policies that suit the needs of many consumers.
The Good
From the outside looking in, this may not sound like that big of a deal. However, being part of the MetLife team allows the company to offer the best whole life insurance products.
The Not So Good
The primary disadvantage of New England Financial is its limited service area. As the name suggests, the company does business primarily in the northeast part of the United States.
Final Word
As part of MetLife, you can rest assured that New England Financial is in a good financial position. Along with this, its partnership with the company helps it provide high-level service and the best products on the market.
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