In the course of a year, people could get a job promotion, buy a new car or house or welcome a child. They could tie the knot or finalize a divorce, win the lottery or send a child off to college.Read More
As more families continue to struggle to pay bills, the number of those choosing to forgo individual life insurance has increased. The Trends in Life Insurance Ownership study by LIMRA reveals that less than half of American households have life insurance.
When paying bills is difficult, it may seem like paying for life insurance isn’t a necessity. However, those who are just getting by may be the ones that need life insurance the most. If something were to happen to the breadwinner in a family, many would not be able to make ends meet.Read More
On the last Monday in May of each year, Memorial Day honors American military personnel who gave their lives for their country, and because a member of the armed forces can be deployed at a moment’s notice, securing his or her family’s financial future can be an added challenge.Read More
A new LIMRA study says consumers expect transparency from a life insurance purchase, and they want that transparency to follow the same path as it would when they buy other retail or travel products. According to this latest study, consumers want simple-to-understand terms and a glossary of terms to help them make informed decisions. They’re also seeking clear and accurate ways to compare companies and products, and they want the ability to make a quick…Read More
If your grandfather was an alcoholic does that mean that you’re destined to be one as well? What about your mother and aunt who have both been diagnosed with breast cancer? Your genetics determine more than the color of your eyes and skin, they present a detailed map that illustrates familial traits, ticks, and in some cases, the odds of being stricken by a serious illness.Read More
Forbes offers the advice that you need life insurance. And when Forbes speaks, people listen, so listen up. Forbes says buying life insurance “is an essential part of life and a crucial element of sound financial planning.” Forbes says the key is to move before you’re forced to make the smart move. “Most people procrastinate until there is an important life event that pushes them to buy it,” says author Kristin O’Keeffe Merrick. She adds…Read More
Purchasing life insurance is an important piece of a person’s financial pie and needs to be carefully thought out, considering your family’s financial future could be hanging in the balance should you die.
Here are some common mistakes people make when buying life insurance coverage and how to avoid them.Read More
If you were to ask a single person if they have purchased life insurance, don’t be surprised if they look at you blankly. It’s true that singles who are young and healthy rarely think about their own mortality yet alone life insurance, but here are some sobering facts…Read More
The Bureau of Labor Statistics projects insurance-agent employment growth of 10.4 percent between 2012 and 2022. Life insurance agent employment is on the rise.Read More
SOC 2 is a certification established by the American Institute of Certified Public Accountants (AICPA) to evaluate companies regarding their Trust Services Principles and Criteria. The process involves testing companies for security, availability, processing integrity, confidentiality and the privacy of their data management systems. It’s become an industry standard for cloud-based technology companies and the certification is held by such tech heavy-hitters as Amazon Web Services and Google, and it validates the security of their…Read More