Over the past decade, social media has become the fastest medium to connect with consumers. Many financial institutions, including the life insurance industry, has recently taken steps to improve their current social media presence.Read More
Banks that want to succeed in selling life insurance to customers may consider making sure they have a plan tied specifically to these products, according to a recent report from LIMRA.
According to the study, financial institutions that had specific life insurance goals for sales representatives outperformed their counterparts that did not. Scott Stathis, managing director of Kehrer-LIMRA, says setting goals for employees provides an “undeniable” return.Read More
Most people are misinformed about life insurance and other financial products, according to a survey by Northwestern Mutual Life Insurance Company. Almost two out of three respondents failed a financial products knowledge quiz.Read More
A recent survey suggests that the life insurance industry will continue to thrive with help from new technologies and other advances.Read More