The stock market continues to do quite well. The S&P 500 Index, which has risen four straight months, has returned 5% so far in 2020, despite probably the worst pandemic in the United States in 100 years and one of the sharpest economic contractions since the Great Depression. How does that makes sense?
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The pandemic has forced benefits advisors and their clients to shift their thinking from retaining workers in a competitive employment environment to keeping the business in operation in the face of massive change.
Does the possession of a visa mean a prospect is declined for life insurance?
At that moment, we didn’t have the luxury of knowing when we might meet in person, or talk strategy over dinner, or connect at an upcoming group conference. We all seemed to echo a similar desire to push the group industry forward with a better customer experience and eliminating the bottlenecks that hold back growth.
Prior to COVID-19, the insurance sector was already facing a series of big changes, including the fact that a large population of its workforce is nearing retirement age.
Social media has grown into a crucial platform that allows financial professionals to deliver insurance product information, provide timely product updates and, more importantly, notify clients that you are open for business.
You have an opportunity to extend your brand. This means you will need to introduce your product or service as well as identify your target market. Here are some crucial marketing tips to help build your brand and grow potential sales opportunities.
If you have clients who are concerned about what market volatility might mean for their loved ones, life insurance can provide peace of mind that generational wealth won’t get lost in the storms.
Nonprofit Clients Face Unique Risk Exposures
Many nonprofit organization leaders are under the impression that they can’t afford the range of insurance coverages needed to adequately provide protection against their unique risk exposures. In reality, the absence of these protections may place the organization in jeopardy and be far more costly in the long run.
COVID Forces Business Owners To Ask Tough Health Questions
As businesses have had to adapt their operations due to the COVID-19 pandemic, employee duties also may have changed. Some of business owners’ prior concerns are still there, of course, but possibly heightened or altered. Those concerns might include questions about what would happen if the virus infected an owner.
When it comes to saving for the long term, millennials and Generation Z have time on their side. Although we are currently in a period of extreme market volatility, if millennials and Gen Z start investing early, there is the potential for their assets to compound and appreciate over the next 40-plus years.
2020 Election Preview: Plenty At Stake For Markets And Economy
Although all election years feel different, 2020 no doubt may be one of the most unique election years ever. We have a pandemic, a deep recession, extremely heightened partisanship, a mail-in ballot controversy, an unpredictable president, and the oldest presidential candidate ever.
3 Tips To Cut Distractions In Your Work-From-Home Life
Our personal and professional lives have merged into an endless to-do list. Here are some tips for boosting your productivity while settling your mind.
Your clients still have time to realize better tax breaks this year because the tax filing deadline has been extended to July 15.
COVID-19 has helped move a traditionally slow-to-evolve industry in a more chameleon-like way. Insurance carriers have made multiple changes to their underwriting guidelines and product portfolios. Products may have slightly different features or requirements, but they still blend seamlessly into individuals’ financial and retirement plans.
While the COVID-19 pandemic will likely impact the claims side of the insurance industry, it is also affecting another component: insurance company investment portfolios. The past decade’s historically low interest rates led insurers further into generally higher yielding assets, including IG corporate bonds.
As states reopen, understanding the paid leave laws currently in place and having a holistic paid leave strategy will be instrumental for many employers. Here are ways benefits brokers can help.
Conquer COVID-19 Concerns For Benefits Enrollment Season
When the COVID-19 pandemic shuttered businesses across the country this spring, it may have shut the doors on some of your clients’ benefits enrollments, too. Many employees were no longer at the workplace to enroll, and even for businesses with essential workers, large gatherings to talk about benefits weren’t possible.
Through a barrage of negative news, intensified fears and an uncertain future, the COVID-19 pandemic has heightened people’s emotions. This can often affect the personal side of financial planning and overshadow the technical perspective.
7 Ways LTCi Can Keep Your Client Out Of The Nursing Home
COVID-19 may add to your client’s fear of moving to a nursing home someday. Here are ways that long-term care insurance can enable your client to receive care at home.
