When it comes to preparing for retirement, many financial services employees fare little or no better than their peers in other industries – even though on average, they make more than employees in most other industries, according to a new industry profile released by MetLife.Read More
You hired a divorce attorney, split your possessions amicably, remarried, and lived happily ever after for 30 years. Everything’s been taken care of, right? Wrong.
Did you remember to change the beneficiary on your life insurance policy? If not, there’s a good chance your life insurance proceeds might go to your previous spouse, leaving your current partner with nothing more than a pile of bills.Read More
Generally, companies will start to waive the premiums for a policy when proof indicates that the insured’s disability has gone on for at least 6 months in a row.Read More
Compared to the prior quarter, sales of life insurance products were higher, lower in individual long term care insurance (LTC) and lower in fixed annuities. Genworth is transitioning to a broader set of competitive product offerings and sales are expected to increase in 2014 from current levels.Read More
The workshops fulfill employees’ interest in financial education and planning help in the workplace, and address a variety of topics such as Investing 101, planning for college, and estate and retirement planning.Read More
A new study released by MetLife demonstrates the impact of insufficient life insurance coverage for widows and widowers.
The study examined the financial security of 1,000 widows or widowers receiving life insurance after losing a spouse. More than half of respondents had life insurance benefits amounting to less than one year of their household income.Read More
If you’ve been turned down for life insurance due to a serious medical condition, there are several “alternative” options you can consider for life insurance.Read More
Something can be said for following the crowd, at least when it comes to group life insurance. But if you’re young and healthy, you may find that the cost of an individual life insurance plan can be far less than a group plan.Read More
A spouse’s premature death can have a long-term financial impact on you. Even five to seven years after a spouse’s death, more than one-third (36 percent) of individuals surveyed say they remain financially vulnerable.Read More