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WESTBRIDGE CAPITAL SIGNS DEFINITIVE AGREEMENTS

 FORT WORTH, Texas, March 25 /PRNewswire/ -- Westbridge Capital Corp. today announced that it had signed definitive agreements to purchase, for $600,000 in cash, a $4 million block of Medicare Supplement insurance policies through its National Foundation Life Insurance (NFL) subsidiary. The seller is Life and Health Insurance Company of America, a privately held concern in Philadelphia.
 Westbridge said that the transaction was expected to close shortly.
 -0- 03/25/93
 /CONTACT: Michael C. Batte, vice president and chief financial officer of Westbridge Capital Corp., 817-878-3300/
 (WBC)


CO: Westbridge Capital Corp.; Life and Health Insurance Company of
 America ST: Texas, Pennsylvania IN: INS SU: TNM


LR-AH -- NY043 -- 9575 03/25/93 12:06 EST
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Publication:PR Newswire
Date:Mar 25, 1993
Words:114
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