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Torchmark Group

Torchmark Group is well known in the industry as one of the most cost efficient providers of life and health insurance. Torchmark provides protection oriented life and supplemental health insurance to middle income Americans through its premier niche distribution organizations. They succeed in this market while many life insurers have moved up scale seeking the smaller high income market focused on asset accumulation.

They market to financially under serve middle income households, those with annual incomes of $25 thousand to $75 thousand. These 50 million households comprise 46 percent of all U.S. households U.S. Census Bureau, 2001 Income Statistics and Torchmark has policies in force in 4 million of those households.

The life insurance they write is designed to provide a basic financial benefit in the event of the death of the insured person, which is the foundation of all life insurance programs. Their average agent sold life insurance policy was $32 thousand and $12 thousand for their average direct response sold life policy. For health insurancethat they market is individual supplemental health insurance. The term supplemental means that the insured person has a primary health insurance program that pays most of the insured’s expenses, such as the federal Medicare program for individuals age 65 and over.

A variable annuity is a contract between you and an insurance company, under which the insurer agrees to make periodic payments to you, beginning either immediately or at some future date. A variable annuity offers a range of investment options. The value of your investment as a variable annuity owner will vary depending on the performance of the investment options you choose.

Torchmark Group is a holding company specializing in life and supplemental health insurance for middle income Americans marketed through multiple distribution channels including direct response and exclusive and independent agencies.

While Torchmark's subsidiary headquarters are in Alabama, Oklahoma and Texas, they have opportunities available internationally for agents. Their agents are paid some of the best commissions in the insurance industry and their administrative staffs enjoy great benefits and pleasant working environments. Most importantly, all their agents and employees have peace of mind in the financial stability Torchmark provides.

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