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Vericity (STU:2TE) Cash Payments for Deposits by Banks and Customers


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What is Vericity Cash Payments for Deposits by Banks and Customers?

Cash Payments for Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.


Vericity (STU:2TE) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Vericity Inc (STU:2TE) » Definitions » Cash Payments for Deposits by Banks and Customers
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Address
1350 E Touhy Avenue, Suite 205W, Des Plaines, IL, USA, 60018
Vericity Inc, along with its subsidiaries, offers life insurance products to the middle American market. It operates through three segments namely Agency, Insurance, and Corporate. The Agency segment includes the insurance distribution operations of the company and includes commission revenue from the sale of Fidelity Life products. The Insurance segment, which is the key revenue generating segment, is composed of three broad lines consisting of Direct Life, Closed Block, and Assumed Life and Annuities.