Pacific Life
Pacific Life is a Fortune 500 company and one of the largest insurance companies in the United States. The company provides a wide range of insurance, annuities, and mutual funds to more than half of the 100 largest U.S. companies, as well as to individuals, families, and businesses.
History[edit | edit source]
Pacific Life was founded in 1868 by former California Governor Leland Stanford. Stanford also founded Stanford University and was one of the "Big Four" tycoons who built the Central Pacific Railroad. The company's first policy was issued to Stanford himself.
Products and Services[edit | edit source]
Pacific Life offers a variety of products and services, including life insurance, annuities, mutual funds, and investment products. The company's life insurance products include both term and permanent policies, while its annuity products include both fixed and variable annuities.
Financial Strength[edit | edit source]
Pacific Life has consistently received high ratings for financial strength from major rating agencies, including A.M. Best, Standard & Poor's, and Moody's. The company's strong financial position allows it to meet its obligations to policyholders and investors.
Philanthropy[edit | edit source]
Through the Pacific Life Foundation, the company contributes to a variety of charitable causes, including education, health and human services, arts and culture, and the environment.
See Also[edit | edit source]
References[edit | edit source]
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Contributors: Prab R. Tumpati, MD
