- New Data Shows Smoking Can Increase Your Life Insurance Premium by Nearly 100%
Analyzing the dollar-diffrerences in premium between smokers and non-smokers
Although naturally grim in its circumstance, life insurance can be an important safety net for a policyholder’s loved ones. But having life insurance comes at a cost, so consumers must weigh the pros of paying for a policy against the potential consequences of not having one.
read more - Two-Thirds Of Caregivers Juggle Work And Caregiving
New data from Northwestern Mutual shows significant impact on careers and work/life balance for those providing care for an aging parent or relative
A new release of findings from Northwestern Mutual's C.A.R.E. (Costs, Accountabilities, Realities, Expectations) Study reveals the degree to which caring for a friend or loved one can shift work responsibilities and overall career paths.
read more - Build Robust Customer Relationships by Taking a Proactive Approach
More choice and more access to information can just as easily confuse as help your clients
by Jill J. Johnson
While today’s sales process can appear streamlined and online, it creates complexities and confusion for consumers who have vastly more options in a global marketplace. The internet has blurred traditional sales territories because consumers can now search the world for the products and services they want or need.
read more - Americans Woefully Unprepared for the Cost and Burden of Alzheimer’s and Caregiving
Study: There are hurdles at every stage of life
Results from a Women's Alzheimer's Movement and Caring Across Generations poll released today reveal the widespread impact of insufficient support for a nation laboring under the high financial and emotional cost and burden of caregiving.
read more - Aflac Launches New Group Life Insurance with Living Benefits and an Advanced Claim Payment
Paying the bills when a family loses a primary wage-earner
Aflac, the leader in supplemental insurance sales at U.S. worksites, today announced the launch of its new group worksite life insurance. It is the latest product in the company's life portfolio, designed to help a wide array of individuals and families pay the bills if something happens to a primary wage earner.
read more - Life After 90…
A new kind of financial protection for the longevity risk
One-third of 65-year-olds will likely live past 90, but many are underfunded for that long a life span and their families are often not prepared to cover the gap. Launched today, AgeUp is a new product designed to provide financial protection for the adult children of the boomer generation who are concerned about their parents…
read more - Charles Schwab: Hong Kong Rising Affluent Need a Modern Approach to Financial Planning to Achieve Their Goals
Affluent financial well-being index finds only 3% have a modern financial plan
Charles Schwab, Hong Kong, Ltd. (Charles Schwab Hong Kong) today announced the findings from its first Hong Kong Rising Affluent Financial Well-being Index. The study revealed the strong pressure that the rising affluent in Hong Kong are facing to support themselves and their family, as well as the need to have a comprehensive understanding of…
read more - Why Is Financial Literacy So Important?
Consumers have to manage increasingly complex financial issues
Financial literacy: Possessing the knowledge and skills to make informed and effective decisions about money and financial goals. Today’s consumers have to manage increasingly complex financial issues. From student loans, credit card and other debt, and managing increased healthcare costs, to retirement savings and addressing the financial risks in retirement, there are more financial balls in…
read more - The November Syndrome 2019… R U Ready?
Amid the tumult of trade-wars, impeachment and the interest-rate bouncing ball... the market hits an all time high
by Steve Selengut
Every fall, especially in volatile markets, like we've been experiencing recently, I encourage investors to think about some year-end strategies that can make the final calendar quarter a special time for all of us.
read more - Consumers Should Avoid These Misconceptions About Paying and Planning for Long-term Care
While customers and financial professionals agree on the importance of planning for long-term care, the proper steps are not being taken
Planning for long-term care needs has become an increasingly important topic as the population ages and people are living longer. While the effects of a life-changing health event could impact the entire family, research released by Lincoln Financial Group during Long-Term Care Awareness Month (November) shows that consumers don’t know the entire truth about long-term…
read more - MIB to Provide Verisk’s MVR Indicator to Its 400 Life Insurance Members
MIB Carriers Can Use Tool to Help Control Costs of Ordering Motor Vehicle Reports (MVRs)
MIB, the life insurance industry's most trusted and secure resource for the exchange of life insurance underwriting information, today announced an agreement with Verisk (Nasdaq: VRSK), a leading data analytics provider, to make Verisk's MVR Indicator available to MIB's 400 life insurance members at special pricing.
read more - U.S. workers Gamble With Health Insurance Benefits
Half of workers will choose a high-deductible health plan, yet lack cash for out-of-pocket costs
Nearly half (49%) of U.S. workers plan to enroll in a high-deductible health plan (HDHP) for the 2020 benefit season, according to employee benefits provider Unum (NYSE: UNM). However, 41% don’t plan on meeting their deductible in 2019 and 39% found it difficult to pay for out-of-pocket costs not covered by their health insurance, especially…
read more - Ten Gen Z Expectations that Forecast the Consumers of the Future
What it will mean to be a 'full fledged adult'
Fuse, LLC, released new research today on 2,000 13-17-year-olds and their expectations of 2030. In the year 2030, the majority of Gen Z will be in their 20's and 30's and likely considering family, career, and what it means to be a full-fledged adult. It's at this point too that their economic power as a…
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