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Article: State Farm Life Insurance Affiliates Expect to Pay Policyholders $633 Million in Dividends for 2009.
- Article from:
- PR Newswire
- Article date:
- January 7, 2009
CopyrightCOPYRIGHT 2009 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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BLOOMINGTON, Ill., Jan. 7 /PRNewswire/ -- State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and State Farm International Life Insurance Company Ltd. announced an increase in the total dividend payout for 2009. The companies expect to pay to their life insurance policyholders an estimated $633 million in dividend payments on 3.6 million participating policies, a 3% increase over the total dividend payout for 2008.
"Despite the volatility in the marketplace and the economic downturn, the State Farm life insurance affiliates remain financially strong. We continue our long term focus to manage our business for the benefit of our ...