Life Insurance

  • Storytelling Is Good for Business
    Storytelling Is Good for Business

    Five ways to tell yours in a way that grabs clients and keeps them loyal

    People love stories. Whether we are sitting around a fire, reading a book, or watching a video, stories make us feel part of something bigger. They resonate on a deep, human level.
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  • Level of Financial Confidence Among Adult Children May Stem from Their Parents’ Approach to Retirement Planning
    Level of Financial Confidence Among Adult Children May Stem from Their Parents’ Approach to Retirement Planning

    Sixty one percent say they take a different approach to finances to avoid making the same mistakes their parents made

    A new survey from TIAA finds Americans who lack confidence in their parents’ financial security in retirement (27 percent) are twice as likely to lack confidence in their own retirement as those who are confident in their parents’ (72 percent versus 36 percent).
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  • Life/Health Insurers Daunted by Financial Accounting Standards Board’s Long-Duration Contract Changes
    Life/Health Insurers Daunted by Financial Accounting Standards Board’s Long-Duration Contract Changes

    Could be costly for companies transitioning to new accounting standards

    Changes to the Financial Accounting Standards Board (FASB) requirements for insurance companies to report GAAP financials for long-duration contracts could become costly for companies transitioning to the new accounting standards and could create earnings and reserving volatility, according to a new AM Best commentary.
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  • Fixed Annuities Continue to Drive Growth in First Quarter 2019
    Fixed Annuities Continue to Drive Growth in First Quarter 2019

    Outperform VAs in 11 of last 13 quarters

    First quarter 2019 fixed annuity sales were $38 billion, a 38% increase compared with first quarter 2018, according to LIMRA Secure Retirement Institute’s (LIMRA SRI) First Quarter 2019 U.S. Retail Annuity Sales Survey. Fixed sales have outperformed variable annuity (VA) sales in 11 of the last 13 quarters and they represent 63% of overall annuity…
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  • Americans Believe Risky Careers are Considered the Most Heroic
    Americans Believe Risky Careers are Considered the Most Heroic

    Soldiers, firefighters and police officers are among the most heroic occupations; So are stay-at-home Moms

    A new study released by leading life insurance provider Vantis Life has highlighted just how valued heroic jobs are in American society. The research polled 2,000 U.S. residents, asking respondents to rank 22 common professions based on how heroic, important and trusted they are, and how they should be compensated accordingly.
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  • Recent Life Settlement Transactions Reveal Broad Social Utility
    Recent Life Settlement Transactions Reveal Broad Social Utility

    Seniors Are Selling Unwanted Life Insurance Policies to Solve Wide Range of Financial Challenges

    Asset Life Settlements, LLC announced that an analysis of the company's life settlement transactions over the past year indicates that seniors and retired business executives are selling their unwanted policies to address a wide range of financial challenges.
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  • LIMRA and The Institutes RiskStream Collaborative™ Announce New Life and Annuity Members
    LIMRA and The Institutes RiskStream Collaborative™ Announce New Life and Annuity Members

    Building blockchain solutions that will lower industry transaction costs, improve the customer experience, and increase the speed and security of data transfers among customers

    LIMRA and The Institutes RiskStream Collaborative™ LIMRA announced today that eight companies have joined the life and annuity sector of the risk management and insurance industry’s first enterprise-level blockchain consortium.
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  • Ten Years Of Research Reveals Deep Changes In People’s Attitudes And Behaviors Toward Money And Risk
    Ten Years Of Research Reveals Deep Changes In People’s Attitudes And Behaviors Toward Money And Risk

    Between 2009 and 2019, financial habits and financial security have greatly improved, but optimism hasn't budged

    In 2009, Northwestern Mutual commissioned a study among U.S. adults aged 25+ to explore their attitudes and behaviors toward money and financial decision-making, as well as their opinions about broader ideas such as the attainability of the American Dream.
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  • Marriage & Money Management
    Marriage & Money Management

    Budgeting for Newlyweds

    by Jeff Smith

    Taking your relationship to the next level brings new challenges as you deepen your connection. If you’ve recently tied the knot or plan to get married very soon, you know the importance of being open with your partner about everything. You may have already discussed buying a house or having kids, but have you talked…
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  • Six Ways a Strong Brand Makes Your Company Money
    Six Ways a Strong Brand Makes Your Company Money

    If you haven't given much thought to your company's brand, you'd better

    Many company owners go about their business without thinking much about brand. They either ignore it altogether, hand it off to marketing (or maybe a talented graphic designer), or make strategic decisions based on an incomplete understanding of what brand really means. If one of these describes you, Lindsay Pedersen says you could be making…
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  • How FOMO Fuels American Spending
    How FOMO Fuels American Spending

    Our financial decisions are influenced by friends’ social media feeds

    More than a third of Americans admit their spending habits have been influenced by images and experiences shared by their friends on social media and confess they spend more than they can afford to avoid missing out on the fun, according to Schwab’s 2019 Modern Wealth Survey, an annual examination of how 1,000 Americans think…
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  • Millennials & Modern Insurance
    Millennials & Modern Insurance

    How the 'convenience generation' is influencing the way your industry relates to them

    In recent years, there’s been no shortage of labeling, discussing, and research when it comes to Millennials. WebMD discovered that Millennials are more likely than Gen Xers and Baby Boomers to prefer speed and convenience from their healthcare professionals over comprehensive interactions.
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  • Despite Increased Awareness, Financial Advisors Lack Confidence Implementing Strategic Beta in Portfolios
    Despite Increased Awareness, Financial Advisors Lack Confidence Implementing Strategic Beta in Portfolios

    Most financial advisors are familiar with strategic beta, but their confidence in implementing it is limited

    Financial advisors’ awareness of strategic beta investing is widespread, but their confidence in implementing it is limited, according to a recent survey by Columbia Threadneedle Investments.
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