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What Suncorp is all about
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[QUOTE="Brendi, post: 48, member: 9"] What Are Suncorp Investments? Suncorp is a private company that is one of the largest providers of life insurance in the United States. Suncorp Group Limited, also known as Suncorp Life Insurance Company Limited, is an Australian financial, insurance, and bank holding company based in Brisbane, Queensland, Australia. The company was established in 1974 by two young men named Robert Edwards and John C. Maxwell. They created a new concept that they called," Australians' Guaranteed Investments," which aimed to take advantage of the limited competition that existed in the life insurance industry by offering a low-cost, high-quality investment product. The company today offers a variety of policies in many areas. It is a direct seller of Suncorp life insurance in the United States. One of the most popular products that suncorp offers to individuals and other companies is its Variable Annuities, also known as building futures and real estate annuities. These policies work in much the same way as the variable life policies that are offered by other insurance companies. However, they feature guaranteed returns and allow for flexibility. The construction of the future contracts is based on the value of a stock or mutual fund in the investor's account. This means that when the value of stocks or mutual fund drops, so does the value of the contract that guarantees payment. Many of the financial products that Suncorp offers come with built-in investment plans such as investment bonds and annuities. Some of these plans are managed by a team of financial professionals who call the shots on the portfolio, leaving the investor to just let the contracts to trade for them. For example, when an investor wants to insure his or her portfolio against loss of cash value, this can be done through the use of a Suncorp investment bond or annuity program. In the past, these types of bonds were often only available through banks, but now that more people know about them, many are purchasing these types of bonds on their own. Overall, this makes suncorp's executive buy-in and life insurance a very desirable product that any investor can benefit from. Suncorp is a huge global company that is well-known for its diverse portfolio of financial products and services. It is also the worlds largest provider of insurance, finance, and banking. One can easily conclude that Suncorp has a completely dominating over the financial market. This giant international company has several branches and offices in almost all parts of the world including Australia. This company is always on the lookout to expand its market share overseas. So, it follows that Suncorp is a very competent company that makes wise business decisions at a steady rate. In fact, banking and insurance are major components of the whole Suncorp portfolio. Apart from these, the company also deals with investments, wealth management, pensions, health care, commercial banking and retail banking. The whole organization is geared towards providing clients the most comprehensive financial services around. [/QUOTE]
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