Participating in extreme sports or having a dangerous hobby may satisfy a thrill-seeker’s need for a good rush. But, it will dramatically decrease their chance of getting an affordable life insurance rate. It is expected that they will pay two to three times more in life insurance than someone who lives a less dangerous life.Read More
Many unexpected life events can render consumers incapable of earning the income needed in order to provide for their family.
Purchasing life insurance coverage can protect against the financial consequences of a death, while disability insurance may help your income endure short- or long-term injuries. A recent report by research organization LIMRA indicated that many consumers are not taking precautions against the latter.Read More
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
The study, Get Real Already—Authenticating Industry Language, explored consumers’ experiences, emotions, and feelings related to life insurance industry language and imagery and how financial services companies could improve their communications efforts.Read More
Younger and healthier Americans who are wondering if they should invest in a life insurance policy may want to consider the various threats to their well-being that can strike at almost any time.
One such example is violent crime. Fortunately, the FBI’s annual report on crime trends, which was released this week, cited a significant drop across many different crime categories.Read More
Imagine if you or another income-earning family members die with one or multiple unpaid debts. Many personal debt agreements specify that a remaining balance becomes due upon death.Read More