Article: State farm mines high net worth client base. (ALLIANCES).(State Farm Life Insurance Co.)(Brief Article)(Company Profile)

State Farm Life Insurance Company has its eye on the 1.8 million high net worth clients it already serves, looking to provide them with estate planning, business planning, charitable planning and other needs commonly found in this market.

"State Farm is in about 27 million households. We estimate that 1.8 million of those are high net worth households," says Terry Huff, vice president of advanced products for State Farm Life, Bloomington, Ill.

Earlier this year, State Farm announced they were forming an alliance with Phoenix Life Insurance Company, Hartford, Conn., to offer advanced market products and services to their customers.

"This is not ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!