STAMFORD, Conn., January 03, 2022 (Globe Newswire) — Independence Holding Firm (NYSE:IHC) right now introduced the completion of the sale of its New York subsidiary, Normal Safety Life Insurance coverage Firm (“Normal Safety Life”). Reliance Normal Life Insurance coverage Firm (“Reliance Normal”). All of the phrases of termination of the sale had been glad and the transaction grew to become efficient from January 1, 2022.
Roy TK Thung, Chief Government Officer, commented, “We’re delighted to have Normal Safety Life and house for our workers and we want Reliance Normal a lot success sooner or later.”
About Independence Holding Firm
Independence Holding Firm (NYSE: IHC), via our present subsidiaries, affords Medicare, life, well being below 65 (together with Inexpensive Care Act plans), and different insurance coverage merchandise on to shoppers, via brokers and Affinity delivers via participation. We promote merchandise nationally via a number of channels together with digital, name facilities and consultants, all of whom use our CMS-approved net dealer, INSXcloud.com. We offer info and quote capabilities via our area properties together with healthinsurance.org; Medicareresources.org; myhealthinsurance.com; and healthedeals.com. To study extra, go to https://ihcgroup.com.
Sure statements and knowledge contained on this launch could also be thought of “forward-looking statements”, comparable to statements regarding administration’s views relating to future occasions and monetary efficiency. Such forward-looking statements are topic to dangers, uncertainties and different components that would trigger precise outcomes to vary materially from historic expertise or from future outcomes expressed or implied by such forward-looking statements. Potential dangers and uncertainties embrace, however should not restricted to, financial situations within the markets during which IHC operates, new federal or state authorities laws to successfully govern any previous or future strategic acquisitions of IHC, The power to combine and leverage, and different components that may, may be present in IHC’s different information releases and filings with the Securities and Alternate Fee. IHC expressly disclaims any responsibility to replace its forward-looking statements except required by relevant legislation.
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