Pacific Life Insurance
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UPDATED: Aug 20, 2020
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Company History: Pacific Mutual Life issued its first policy in 1868 to Leland Stanford (the company’s first president). The company started to offer accident insurance in 1885. In 1906 Conservative Life consolidated with Pacific Mutual Life and in 1955 Pacific Mutual Life became the first private enterprise west of the Mississippi to install and fully utilize Univac. In 1992 the company won court approval to reestablish First Capital Life. By 2008 Pacific LifeCorp had successfully purchased the Scottish Re Group Limited’s Life Reinsurance segment which allowed the company to branch into the UK, Ireland, and parts of Asia. In 2011 the company acquired the JP Morgan Chase’s U.S. Pension Advisory Group.
Principle Sales Methods: Career and independent agents, financial institutions and more.
Life Annuity Business: Pacific Life sells Universal, Variable, Universal Variable, Whole and Term Life policies, plus Variable and Fixed Annuities to individuals, small businesses and corporations.