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Families who plan have options when it matters most.
When Chris Gandy entered the industry in 1999, he was coming off a short stint playing pro basketball in France and looking forward to life off the court. But he was the only Black advisor in his training class of 10, and found his unique set of challenges getting started. He shared those challenges with NAIFA members Tuesday.
Not only are people working from home, but also they are working on getting their affairs in order. Life insurance is part of this process and has become of increased importance for some people. On top of that, the marketplace continues to see change as carriers are repricing their products according to current conditions.
When it comes to the economy, consumers are similarly split along political lines, LIMRA reports in a new survey. Sixty-eight percent of consumers who identify as liberal continue to be highly concerned about the economy while just 44% of conservatives show this level of concern.
Transamerica announced today that it is now offering a new funeral concierge benefit at no direct cost for qualifying life
A National Association of Insurance Commissioners’ committee adopted changed today to Actuarial Guideline 49, changes designed to tighten up indexed universal life illustrations. The vote was nearly unanimous, with New York voting No.
AIG announced that David McElroy, currently President and Chief Executive Officer of the North American operations of General Insurance, has been promoted to Chief Executive Officer, General Insurance, and Executive Vice President, AIG, effective immediately.
Nearly 80 percent of Black Americans said having life insurance is a goal for them, a 2019 New York Life study found, versus 63 percent of all adults. Many of the barriers to life insurance ownership in Black communities can be traced to several myths about the process.
When their term life insurance became unaffordable, two middle-market consumers were amazed at the options permanent life insurance afforded them.
A North Carolina judge refused to overturn insurance magnate Greg Lindberg’s conviction on bribery charges and also denied a motion for a new trial. Lindberg, a Durham, N.C., billionaire, was convicted of using the promise of millions in campaign money to bribe state insurance commissioner Mike Causey.
The Life Insurance and Annuities Committee granted two time extensions today to allow state regulators to finish work on a pair of key disclosure issues: one covering proprietary indexes in annuity sales, and another pertaining to a policy overview disclosure to be included with life insurance sales.
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