Climate change is bringing a host of health risks, including extreme heat, poor air quality, increased risk of vector-borne disease, and more frequent and more devastating weather events such as hurricanes and floods. But not all populations are affected equally by the climate-related health risks.
Allianz Life announced today that its latest guaranteed income product, Allianz Lifetime Income+ Annuity with the Lifetime Income Benefit, is now available in defined contribution plans nationwide.
When Equitable came out with the first registered indexed-linked annuity in 2011, the industry gave it the skeptical side eye, an executive recalled.
Many lottery winners purchase life insurance to cover any estate tax bill should the winner suddenly pass away. But will life insurance that large even be available to a solo winner of the $1.5 billion Powerball jackpot?
As annual open enrollment shifts into full swing, a new survey commissioned by Alegeus shows that increasing financial and job insecurity are forcing employees to consider their employer-sponsored benefits choices, especially their personal strategies around consumer-driven health accounts like health savings accounts and flexible spending accounts.
Results published today from the Employee Benefit Research Institute found that financial well-being programs are being added or improved to increase worker satisfaction and retention.
Court settlements and rate actions are helping Genworth massage losses with its block of troubled long-tern care policies, executives said Wednesday.
More than half of surveyed small-businesses owners indicated that they do not have basic insurance protection for their small business.
Lincoln reassessed its lapse calculations and found reserves far short of what is needed for its block of guaranteed universal life insurance.
Ways to give clients peace of mind without paying a high price.
Prudential Financial was slammed by $1.46 billion in losses, but had a steep increase in fixed annuity sales and an expectation for a bounce in its FlexGuard variable annuities as Americans deaccumulate retirement savings.
American International Group used nimble management to post solid third-quarter earnings despite disruptions that included Hurricane Ian and the ongoing separation of its life and retirement business.
Some chronic illness riders have monthly charges like LTC riders with predictable benefits. Others do not. It’s up to producers to know what they are selling, one expert told NAIFA members.
With the burden and stress of frequent moves and time apart while military members protect our national security, many military couples neglect their personal security when it comes to their financial future and retirement planning.
As expected, the Federal Reserve on Wednesday continued its assault on inflation by jacking up interest rates another three quarters of a point and signaled yet again it’s not done firing the weapons it has.
Given inflation spikes and volatile markets, Americans surveyed expect they’ll need $1.25 million for a comfortable retirement – a 20% increase over last year’s expectations, according to recent study.
Payout percentages are increasing by 5 – 40 basis points, based on the owner’s age when they take their first withdrawal. These new rates will allow financial professionals to provide more guaranteed lifetime income to their clients when developing their retirement plans.
Although people find it easy to talk about the experiences of a friend or family member who is going through a long-term care event, they are reluctant to have a conversation about their own need for care.
Nearly half of individuals who apply for traditional long-term care insurance after age 70 are denied by an insurer, according to the American Association for Long-Term Care Insurance.
