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Cash Payment Option

In Life insurance policies and select annuity contracts a nonforfeiture option in which a policy owner can receive the cash surrender value in one payment.








Insurance Industry News from ProgramBusiness.com

NSM RenewsAnother storefront to renew their annual leas is Norman Spencer McKernan.

Norman Spencer McKernan (NSM) is nationally recognized for developing, marketing, and underwriting industry-specific affinity programs. Licensed in all states with access to all major markets, NSM has its headquarters in Conshohocken, PA.

The industries that NSM caters to through its unique product and service blend are:
o Medical Transportation/Paratransit
o Staffing Services
o Monoline Workers Compensation
o E-Commerce
o Emerging Technology Businesses
o Public Entity Sector
o Homebuilders
o Concrete Pumpers
o Structural Steel Painters

NSM has industry specialists committed to excellent and timely customer service, which means you get quick turnaround time on quotes. NSM offers many specialized services such as loss control and focused claims handling in order to provide a full range of products and services to their customers. NSM has established, stable market relationships with "A" rated carriers that allow NSM to service many different industries with the best coverages available in the market place.

For more information, visit the NSM storefront at http://www.programbusiness.com/tracking/sftracker.asp?SFid=147.
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