The costs of care in a nursing home can be financially devastating to a client in a matter of months. Here is one tool that can be an option to cover those costs.
The COVID-19 pandemic is motivating large numbers of people to seek life insurance coverage for their families. Faster underwriting and direct-to-consumer channels also helped Principal boost its life insurance count, CEO Dan Houston said.
Retirement planning is a long-term strategy. Here are some ways advisors can support their clients’ retirement readiness during times of market uncertainty.
Prudential plc, the parent company of Jackson Financial, today announced that the Prudential board has decided to pursue the separation of Jackson in the second quarter of 2021 through a demerger, whereby shares in Jackson would be distributed to Prudential shareholders.
Massachusetts Mutual Life Insurance Co. announced today it has reached agreement to acquire Great American Life Insurance Co. and other subsidiaries and affiliated entities, which primarily offer traditional fixed and fixed indexed annuity products.
The pandemic has brought numerous struggles and challenges for advisors. But it has opened new opportunities to make connections and to communicate with prospects.
Last year was a tumultuous year when it came to market volatility and a global pandemic that brought the world’s economy to its knees. But client needs haven’t changed, and people continue to plan for retirement. The result is continued opportunities to present life insurance and annuities to clients, a NAILBA panel said.
Appearing on the inaugural 2021 Allianz Global webcast Tuesday, Guy Adami of CNBC’s “Fast Money” did not hold back his concerns about corporate recklessness. Fueling that recklessness is a Federal Reserve that has been “extraordinarily accommodative” over the past 12 years or so, Adami said.
Matt Eyles, president and CEO of America’s Health Insurance Plans, said that his organization wants to assist the administration in its goals of COVID-19 relief and economic recovery, while calling for health equity in America’s communities.
Since today’s customer expects fast and relevant services from any provider, it is time for insurers to ask themselves what they know about their customers, and what they can predict from their customers’ behavior.
The lawsuit focuses on universal life insurance policies issued by Security Life under names such as Strategic Accumulator Universal Life. The policies include a separate COI charge deducted monthly and meant to compensate Security Life for its mortality risk, the lawsuit noted.
President Joe Biden is expected to take executive action as early as Thursday to reopen the Affordable Care Act marketplaces as well as to lower the barriers to enroll in Medicaid.