Wachovia Corp. is plunging into the life, disability, and long-term care insurance markets, and it's doing so in an unusual way.

The Winston-Salem, N.C.-based banking company announced Wednesday that its subsidiary, Wachovia Insurance Services Inc., has arranged to sell policies to private banking and trust customers and small businesses through 10 carriers.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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