Just as banks are looking to get a firmer toehold in the insurance market, so too is the ubiquitous Charles Schwab & Co.

Ten days ago the San Francisco discount brokerage company began to extend nationwide a life insurance pilot program it initiated this year, said William J. Klipp, president and chief operating officer of Charles Schwab Investment Management Inc.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.