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1825–2010. The Standard Life Assurance Company was established in 1825 and reincorporated as a mutual assurance company in 1925. [3] During the 19th century it opened offices in Canada, India, China and Uruguay. [3] In 2006 demutualisation took place and the company was floated on the London Stock Exchange. [4]
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person. Depending on the contract, other events such as terminal illness or critical ...
In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay. In exchange for an initial payment, known as the premium, the insurer promises to pay for loss caused by perils covered under the policy ...
Variable universal life insurance: Combines the flexible features of universal life insurance with investment options for the cash value component, allowing policyholders to invest in various sub ...
The Standard Launches Online Educational Modules for Disability and Life Insurance Customers PORTLAND, Ore.--(BUSINESS WIRE)-- Standard Insurance Company ("The Standard") is offering its group ...
The Association for Cooperative Operations Research and Development (ACORD) is a non-profit organization in the insurance industry. [1] ACORD publishes and maintains an archive of standardized forms. ACORD has also developed a comprehensive library of electronic data standards with more than 1200 standardized transaction types to support ...
The Standard is a leading provider of financial products and services, including group and individual disability insurance, group life and accidental death and dismemberment insurance, group ...
Website. www.standard.com. Standard Insurance Company, also branded as The Standard, is an American insurance and financial company which is a subsidiary of StanCorp Financial Group, headquartered in Portland, Oregon. On July 23, 2015, Meiji Yasuda, a Japanese mutual insurance group, made an offer to purchase Stancorp Financial for $5 billion.
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