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Article: American Heritage Life Announces Acquisition of Insurance Block
- Article from:
- PR Newswire
- Article date:
- December 11, 1996
CopyrightCOPYRIGHT 1996 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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JACKSONVILLE, Fla., Dec. 11 /PRNewswire/ -- American Heritage Life Insurance Company announced today that it is acquiring effective December 31, 1996, a block of payroll deduction, interest sensitive whole life business from Kentucky Home Mutual Life Insurance Company and its affiliate Keystone Life Insurance Company. The business will be acquired pursuant to a 100% coinsurance agreement. Premiums on this business are approximately $2.1 million with assets of approximately $4.5 million.
American Heritage Life Insurance Company is a wholly owned ...