A client’s insurance needs can change at any time for a wide range of reasons. Advisors need to be alert and ready with solutions.
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Life insurance application activity surged 18% in August from a year earlier, with the most significant gains seen among older Americans.
Artificial intelligence can help insurers modernize policy migration, making the process seamless for customers and providing better customer experience, according to Juan Huerta, head of AI with Zinnia.
An NAIC working group is leaning toward a model bulletin to quickly address problems with annuity illustrations.
Life insurance sales topped $3.1 billion in the first quarter, Wink, Inc. reported, up substantially over the first quarter and last year.
A Georgetown University study estimates the No Surprises Act’s arbitration system has generated $22.4 billion in costs since 2022.
The number of child-free couples in the U.S. is increasing rapidly, creating a niche market for financial planners interested in helping them set and achieve their financial-planning goals.
When a client expresses interest in a life insurance loan, an advisor must clearly lay out the pros and cons.
Advisors say their clients deserve a clear picture of what their policy covers and what it does not, and why that information matters.
The working group is weighing revisions addressing how insurers present non-guaranteed crediting rates and other issues.
The supplemental claims process remains a challenge for many employees. Insurers are testing ways to help workers access missed benefits.
Annuity sales seem to be settling at a level the industry can sustain, with second-quarter sales again topping $100 billion.
CareFirst alleges that defendants enrolled hundreds of ineligible individuals in health insurance plans reserved for Maryland residents.
More insurance shoppers are turning to AI. The trend could reshape the role of agents, but not in the way many expect.
Many individuals prefer texting for both personal and business purposes, so advisors are likely to receive texts from clients.
An increasing number of small-business owners are looking beyond traditional retirement plan support when using financial advisors and are turning to them for financial planning that expands their access to a wide range of plans.
Clients often delay a life insurance purchase because they think they’re too young and too healthy to need it.
Women represent one of the most significant opportunities in financial planning, but advisors must help women build and protect their financial independence.
Regulators said the action is intended to protect policyholders and ensure claims continue to be paid during the supervision process.
The most significant gap that tends to emerge when adult children take over their parents’ finances is long-term care and other related health care expenses.
