Forgoing Individual Life Insurance Is An Unnecessarily Risky Move – Don’t Do It

Forgoing Individual Life Insurance Is An Unnecessarily Risky Move – Don’t Do It

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.

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Buying Life Insurance Should Be Like Buying Any Retail Product

Buying Life Insurance Should Be Like Buying Any Retail Product

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…

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Could My Genetic Makeup Prevent Me from Buying Life Insurance?

Could My Genetic Makeup Prevent Me from Buying Life Insurance?

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.

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Forbes Says You Need Life Insurance: Find It Here at the Best Price

Forbes Says You Need Life Insurance: Find It Here at the Best Price

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…

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Information Security Key to Success and Customer Confidence for Insurtechs Like LifeQuotes

Information Security Key to Success and Customer Confidence for Insurtechs Like LifeQuotes

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…

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