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VERY
11.37
-0.09%
-0.01
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Weekly Report · 12/25/2023 10:21
Shareholders Face Decision: Hold Or Sell Vericity Stock Ahead Of Merger
Life insurer Vericity, Inc. Will merge with iA American Holdings in the first half of 2024. Vericity is a life insurer targeting middle-income Americans. Shareholders will receive $11.43 per share in cash if the merger closes as expected. Investors must weigh the opportunity cost of holding shares until the merger, against alternative investments.
Seeking Alpha · 12/23/2023 10:07
Weekly Report: what happened at VERY last week (1211-1215)?
Weekly Report · 12/18/2023 10:24
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About VERY
Vericity, Inc., through its subsidiaries, Fidelity Life Association (Fidelity Life) and Efinancial, LLC (Efinancial), provides life insurance protection targeted to the middle American market. The Company operates through three segments: Agency, Insurance and Corporate. Its Agency Segment operates through Efinancial. Efinancial sells insurance products through its call center distribution platform and through its independent agents and other marketing organizations. Its Insurance Segment operates through Fidelity Life. Fidelity Life is engaged in the principal business lines of Core Life, Non-Core Life, Closed Block, annuities and assumed life. In its Core Life and Non-Core Life business lines, Fidelity Life offers primarily term life insurance products, and accidental death and final expense products. The Company’s RAPIDecisionLife product provides coverage at the point of issue that is a blend of all-cause term life insurance for part of the coverage and accidental death insurance.