Life Insurance

This is an excellent collection of Life Insurance articles for your review. We hope you find this information useful to you.

Does a Stay-At-Home Caregiver Need Life Insurance?

Posted on by Debbie Klimas
Does a Stay-At-Home Caregiver Need Life Insurance?

When you are thinking of life insurance to secure the financial well-being of your family, don’t forget the economical value to a stay-at-home caregiver. His or her financial impact would be felt the same way as losing the family breadwinner, working outside the home. Many discussions about the fiscal equivalence of a stay-at-home caregiver easily reaches into the six-figure range. Google is full of stories about the undocumented salary a stay-at-home caregiver generates over the…

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Insurtech Business Model Using Smart Technology to Advance Insurance Industry

Posted on by Debbie Klimas
Insurtech Business Model Using Smart Technology to Advance Insurance Industry

The insurance industry is a powerful kingpin, with a total of $1.22 trillion net premiums in 2018, per an Insurance Information Institute (III) post of S&P’s Global Market Intelligence report. The Insurtech business model is an initiative for using smart technology in the insurance industry to streamline sales and customer experience. Insurance is one of the oldest industries and are not always adept to change. The dawn of Insurtech in 2010, a subset of Fintech…

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Life Insurance Plays a Role in the Business World

Posted on by Debbie Klimas
Life Insurance Plays a Role in the Business World

Life insurance plays a role in the business world which you may not have recognized before. Various life insurance products are utilized by companies. In McGill’s Life Insurance agents, and other insurance specialists, learn the versatility of life insurance as a tool for securitizing revenue not only for private families but also for the corporate family. These important purposes include: -Key person indemnification -Credit enhancement -Business continuation -Employee benefit plan Key Person Indemnification Key person…

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