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Life Insurance News

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News, trends, sales data, and helpful peer advice for life insurance professionals, including insurance agents.

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Lion Street To Provide Life Insurance Services To Pensionmark Advisors’ Clients

April 13, 2021

AUSTIN, TX – April 13, 2021 – Pensionmark Financial Group and Lion Street, Inc have entered a partnership focused on…

April 13, 2021

The Myths That Keep People From Buying Life Insurance

Even with increased interest, there are 102 million uninsured and underinsured Americans who believe they need to buy life insurance or to increase their coverage. This represents 40% the adult population. The question is why don’t they buy?

April 12, 2021

Trial Set For Idaho Man Charged With Killing Wife For Life Insurance

Police say Jimmy Lee Murphy, 32, took out a $650,000 life insurance policy on his wife weeks before her death. Whitney Murphy, 26, was killed by gunshot in October 2014.

FEMA To Provide Funeral Assistance

April 12, 2021

Eligible people can apply to recover up to $9,000 of qualifying funeral or burial expenses incurred after Jan. 20, 2020. “At FEMA, our mission is to help people before, during and after disasters,” acting FEMA Administrator Bob Fenton said in a prepared statement. To file a claim, you need to call a toll-free hotline set up by FEMA.

April 9, 2021

Racial Equity Is Different From Diversity, NAIFA Members Told

Diversity is more than simply bringing more people of color into an organization, Derrik Anderson, executive director of Race Matters, said during this week’s NAIFA Diversity, Equity and Inclusion Impact Week.

April 8, 2021

Florida Court Considers Law Forcing Life Insurers To Try To Find Beneficiaries

The Florida Supreme Court will hear a constitutional challenge to a 2016 state law that put new requirements on life-insurance companies to determine whether policyholders have died and to contact beneficiaries.

April 8, 2021

Life Insurance Industry Eyes ‘Moon Shot’ In Underserved Communities

The life insurance industry has an opportunity to invest in underserved communities while helping remove some of the barriers to those who seek employment in the industry, executives from the American Council of Life Insurers said.

April 7, 2021

Industry Still Lags In Developing, Advancing Women, WIFS President Says

The bottom line in making your company a place where women can succeed and thrive is to ask yourself whether it is a place you would want your mother, your wife or your daughter to work.

April 7, 2021

Genworth Axes $2.7B Merger Deal With China-Based Company

The Virginia-based insurance giant said Tuesday it has terminated its merger agreement with China Oceanwide Holdings Group Co. Ltd., a Beijing-based company that agreed in October 2016 to buy Genworth for about $2.7 billion, or $5.43 per share in cash.

April 6, 2021

Texas Mother Accused Of Killing Son, 6, For Insurance Money

A Houston woman took out two life insurance policies on her 6-year-old son before giving him lethal doses of medications and over the counter drugs that caused him frightening hallucinations before he died, prosecutors said.

John Hancock Launches New VUL Product

April 6, 2021

John Hancock, the US division of Toronto-based Manulife, announced a new protection variable universal life insurance product, Protection VUL, is now available for sale from all approved distribution partners.

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