Corporate Profile for Kelco, Inc., dated March 17, 2000.Business Editors --(BUSINESS WIRE) The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: March 17, 2000
Company Name: Kelco, Inc.
Address: 269 West Main St.
Lexington, KY 40515
Main Telephone
Number: 800/293-9763
Internet Home
Page Address
(URL): www.kelcogroup.com
Chief Executive
Officer: Stephen L. Keller
Chief Financial
Officer: Keith Drach
Public Relations
Contact: Shannon Milliner
Business number: 606/232-8305
E-mail address: smilliner@kelcogroup.com
Industry: Life Insurance Settlement Services
Company description: The Kelco Group and its member companies offer life and viatical settlement viatical settlement Arrangement by which a terminally ill patient's life-insurance policy is sold to provide funds while the insured (viator) is living. The buyer (funder), usually an investment company, pays the patient a lump sum of 50–80% of the policy's face services to consumers through Kelco Life, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and Kelco, Inc., respectively. Founded in 1992, the privately held companies privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. are dedicated to providing the elderly and seriously ill A patient is seriously ill when his or her illness is of such severity that there is cause for immediate concern but there is no imminent danger to life. See also very seriously ill. with financial alternatives for their life policies, secure financial avenues to institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. and efficient supporting processes to our distribution network. The Kelco Group and its member companies are licensed in every state requiring licensing and avidly av·id adj. 1. Having an ardent desire or unbounded craving; greedy: avid for adventure. 2. Marked by keen interest and enthusiasm: an avid sports fan. promote industry legislation and regulation to protect consumers and investors. The Kelco Group and its member companies maintain their national headquarters in Lexington, Ky. and international headquarters in Lille, France. |
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