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- Beneficial_Financial_Group abstract "Beneficial Financial Group is an insurance and financial services company based in Salt Lake City, Utah. It is a subsidiary of Deseret Management Corporation, the for-profit arm of The Church of Jesus Christ of Latter-day Saints. The company was founded in 1905 and as of fiscal year end 2005 had assets of $3.1 billion with yearly revenues of $600 million. The Insurance side of the company was known for many years as the Beneficial Life Insurance Company. Beneficial is certified by the Insurance Marketplace Standards Association for ethical business practices. It is a subsidiary of Deseret Management Corporation (DMC), a for-profit management company of assets for The Church of Jesus Christ of Latter-day Saints. Beneficial held an "A+" (stable) rating from Standard & Poor's for financial strength, when S&P downgraded the rating to "A" due to exposure to MBS, and warned of further possible devaluations unless Deseret Management replenished some of Beneficial's capital as it deteriorates "from its currently strong level."On June 16, 2009, it was announced that Beneficial would stop writing new policies at the end of August. Deseret Management reiterated its commitment to back existing policies, but said that in the current environment, Beneficial was too small to compete with larger insurers.".
- Beneficial_Financial_Group foundingYear "1905".
- Beneficial_Financial_Group industry Insurance.
- Beneficial_Financial_Group location Salt_Lake_City.
- Beneficial_Financial_Group location United_States.
- Beneficial_Financial_Group operatingIncome "4.25E7".
- Beneficial_Financial_Group owner Deseret_Management_Corporation.
- Beneficial_Financial_Group owningCompany Deseret_Management_Corporation.
- Beneficial_Financial_Group product Disability.
- Beneficial_Financial_Group product Life_annuity.
- Beneficial_Financial_Group product Life_insurance.
- Beneficial_Financial_Group revenue "6.0E8".
- Beneficial_Financial_Group thumbnail Slc_gateway_tower_west.jpg?width=300.
- Beneficial_Financial_Group type Privately_held_company.
- Beneficial_Financial_Group wikiPageExternalLink www.beneficialfinancialgroup.com.
- Beneficial_Financial_Group wikiPageID "9114302".
- Beneficial_Financial_Group wikiPageRevisionID "605770428".
- Beneficial_Financial_Group companyName "Beneficial Financial Group".
- Beneficial_Financial_Group companySlogan "Honoring Our Commitments".
- Beneficial_Financial_Group companyType Privately_held_company.
- Beneficial_Financial_Group foundation "1905".
- Beneficial_Financial_Group hasPhotoCollection Beneficial_Financial_Group.
- Beneficial_Financial_Group homepage www.beneficialfinancialgroup.com.
- Beneficial_Financial_Group imageCaption "Beneficial Financial Group Tower, also known as the Gateway Tower West, at City Creek Center in Salt Lake City".
- Beneficial_Financial_Group imageSize "200".
- Beneficial_Financial_Group industry Finance.
- Beneficial_Financial_Group industry Insurance.
- Beneficial_Financial_Group keyPeople "Kent Cannon, CEO".
- Beneficial_Financial_Group location Salt_Lake_City.
- Beneficial_Financial_Group location United_States.
- Beneficial_Financial_Group operatingIncome "$42.5 million USD".
- Beneficial_Financial_Group owner Deseret_Management_Corporation.
- Beneficial_Financial_Group products "Whole and Universal Life, Annuities, and Disability Insurance".
- Beneficial_Financial_Group revenue "$600 million USD".
- Beneficial_Financial_Group wordnet_type synset-company-noun-1.
- Beneficial_Financial_Group subject Category:Companies_based_in_Salt_Lake_City,_Utah.
- Beneficial_Financial_Group subject Category:Deseret_Management_Corporation.
- Beneficial_Financial_Group subject Category:Insurance_companies_of_the_United_States.
- Beneficial_Financial_Group subject Category:Life_insurance_companies.
- Beneficial_Financial_Group type Abstraction100002137.
- Beneficial_Financial_Group type CompaniesBasedInSaltLakeCity,Utah.
- Beneficial_Financial_Group type Company108058098.
- Beneficial_Financial_Group type FinancialInstitution108054721.
- Beneficial_Financial_Group type Group100031264.
- Beneficial_Financial_Group type Institution108053576.
- Beneficial_Financial_Group type InsuranceCompaniesOfTheUnitedStates.
- Beneficial_Financial_Group type InsuranceCompany108070465.
- Beneficial_Financial_Group type LifeInsuranceCompanies.
- Beneficial_Financial_Group type NondepositoryFinancialInstitution108419984.
- Beneficial_Financial_Group type Organization108008335.
- Beneficial_Financial_Group type SocialGroup107950920.
- Beneficial_Financial_Group type YagoLegalActor.
- Beneficial_Financial_Group type YagoLegalActorGeo.
- Beneficial_Financial_Group type YagoPermanentlyLocatedEntity.
- Beneficial_Financial_Group type Agent.
- Beneficial_Financial_Group type Company.
- Beneficial_Financial_Group type Organisation.
- Beneficial_Financial_Group type Organization.
- Beneficial_Financial_Group type Agent.
- Beneficial_Financial_Group type SocialPerson.
- Beneficial_Financial_Group type Thing.
- Beneficial_Financial_Group comment "Beneficial Financial Group is an insurance and financial services company based in Salt Lake City, Utah. It is a subsidiary of Deseret Management Corporation, the for-profit arm of The Church of Jesus Christ of Latter-day Saints. The company was founded in 1905 and as of fiscal year end 2005 had assets of $3.1 billion with yearly revenues of $600 million. The Insurance side of the company was known for many years as the Beneficial Life Insurance Company.".
- Beneficial_Financial_Group label "Beneficial Financial Group".
- Beneficial_Financial_Group sameAs m.027y506.
- Beneficial_Financial_Group sameAs Q4887420.
- Beneficial_Financial_Group sameAs Q4887420.
- Beneficial_Financial_Group sameAs Beneficial_Financial_Group.
- Beneficial_Financial_Group wasDerivedFrom Beneficial_Financial_Group?oldid=605770428.
- Beneficial_Financial_Group depiction Slc_gateway_tower_west.jpg.
- Beneficial_Financial_Group homepage www.beneficialfinancialgroup.com.
- Beneficial_Financial_Group isPrimaryTopicOf Beneficial_Financial_Group.
- Beneficial_Financial_Group name "Beneficial Financial Group".