Legal & General America’s guaranteed level term series, OPTerm, meets the market need for a simple, straightforward, affordable protection product. With options for 10 to 40 years of coverage, OPTerm can accommodate the unique needs of clients at most stages of life. New 35- and 40-year term durations allow customers to purchase low-cost coverage that can last into retirement and beyond.

Women Empowering Financial Independence (WEFI) is empowering women in the insurance industry by helping them build their own businesses using the WEFI platform, which focuses on promoting financial literacy among women and girls. Using their unique playbook, WEFI is creating wildly successful entrepreneurs and hanging the face of the insurance and financial industries — literally. READ MORE.

Global Atlantic’s Wellness for Life rider gives owners of permanent life insurance policies discounts on in­surance costs if they visit the doctor at least once every other year and manage their weight within a range determined at the time they purchase their policy. While some were initially skeptical of consumer acceptance, Global Atlantic has issued more than 50,000 of these wellness riders since the program’s inception. Now, the rider is available on all eligible policies at no charge, making it even more attractive to consumers seeking to save on their life insurance policies.

Protecting families is Pacific Life’s business. And according to Brian Bulakites, national sales manager for their broad market channel, Pacific Life was missing out on one of the industry’s most underserved markets. That’s why they recently expanded their distribution to reach this key segment in groundbreaking ways.

What role do insurance incentives play in inspiring customers to live healthier lifestyles? Can life insurance companies actually move consumers toward better behavior? And if so, how? A July 2018 study commissioned by Global Atlantic revealed the answers to these questions and other interesting insights into the link between wellness and insurance habits.

Every day, insurance producers sell an intangible promise to individuals and businesses based, in part, on public ratings, the assurances of company representatives and branding prowess to help determine which companies are a “safe bet.” But how does an insurance buyer ultimately choose an insurer if the future is, by its very nature, unknowable?

Long-term financial planning strategies require a financial professional to consider the impact of a client’s death on loved ones. However, historically, financial professionals focused only on preparing the assets for the beneficiaries.

Today, the portion of the marketplace focusing on guaranteed death benefits is undergoing a shift toward providing more options and flexibility for policy owners. Global Atlantic’s new Lifetime Foundation ELITE IUL bridges that gap between flexibility and options on the one hand and strong death benefit guarantees on the other — because now you can do both.

Fidelity & Guaranty Life Insurance Company shares insights into the features of their Accelerator Plus fixed deferred indexed annuity series, offering a retirement solution with strong earning potential that can help protect clients from market downturns, provide tax-deferred account accumulation and guarantee lifetime income through annuitization options or the Income Rider. For certain clients, an Accelerator Plus annuity can be an important financial tool to help meet long-term retirement needs.

InsuranceNewsNet recently sat down with Paul Cannon, a trial attorney with Simmons and Fletcher, a personal injury law firm in Houston, Texas, to find out what – if any – responsibility an insurance agent has in the event a client is in an auto accident.

Some people used to say that in order to sell life insurance well, you had to get religion. If that…

It is common knowledge that successful financial strategies include a mix of various assets and financial vehicles, like company-sponsored qualified plans, savings accounts and securities. However, financial advisors often omit life insurance as a critical component of their clients’ strategies.