Independent Insurance Agent Brian Greenberg Selected for Million Dollar Roundtable

insurance agents

Insurance News: Unobtrusive business model led to success! PHOENIX, Arizona – Million Dollar Roundtable, the premier association for professionals in the financial and insurance field, has selected Phoenix-based life insurance agent Brian Greenberg to be a 2013 member. Only the top 1 percent of agents qualify for membership, which is based on sales volume and commissions. The organization also has a strict code of ethics. Greenberg’s company, True Blue Life Insurance, began in an unusual way. He started his career working as a traditional agent for MetLife, setting up appointments…

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Life insurance to be available at Walmart locations

Walmart health Insurance

The largest retailer in the world is working with New York based insurer MetLife to sell the products. Walmart has just announced the beginning of a pilot program that it has undertaken with MetLife, in order to sell prepaid life insurance policies to shoppers at 200 of the retailer’s locations in South Carolina and Georgia. Customers in the stores will be able to purchase the coverage as they would any other item in the store. According to the MetLife senior vice president of consumer direct business, Manish Bhatt, “We believe…

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Walmart enters into life insurance business

Walmart health Insurance

Walmart teams with MetLife to sell life insurance policies Retail giant Walmart appears to be getting into the life insurance business in Georgia and South Carolina. The company has teamed with New York-based insurer MetLife to begin selling policies in more than 200 stores located in both states. The life insurance policies that will be sold through Walmart are designed to be attractive to consumers looking to find affordable coverage without having to do extensive shopping or rely on plans that may be provided by their employer. Partnership will open…

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New York regulators launch investigation into the state’s life insurance industry

The New York Department of Financial Services has begun an investigation into the state’s life insurance industry. The investigation seeks to account for the $52.6 million in unpaid benefits that has been missing for the past several months. The money has yet to reach the 8,000 beneficiaries to which it is owed. Shortly after the investigation was announced on Monday, the money quickly made its way to beneficiaries, which has sparked concerned amongst the state’s insurance regulators. In accordance with the investigation, the state’s life insurance companies are required to…

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Survey shows long-term care services are increasingly expensive

Metlife Mature Market Institute has published a report of the outcomes of its annual long-term care services costs survey, which includes home care, adult day programs, assisted living facilities, and nursing homes. The survey showed that the cost of long-term care services is continuing to climb, and that this year it rose more quickly than the rate of inflation. The only exception to this rule was the cost of home care services, which was the same from last year to this year. The average cost of care in a private…

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Women may not have enough knowledge about their life insurance policies, says MetLife

A new study from MetLife Insurance shows that working women may not be as knowledgeable about their life insurance policies as they should be. The study, titled MetLife 2011 Insurance Literacy Study, finds that 45% of working women have not taken a second look at their insurance needs since obtaining their first life insurance policy. This could leave their families at financial risk should the unexpected happen. Researchers with MetLife say that more steps should be taken to educate consumers on how their needs change over time and the importance…

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Agents concerned of GM free MetLife insurance offer

Independent insurance agents in the Pacific Northwest have been voicing their apprehension over a promotion made by General Motors that offers auto buyers in the area a year of free MetLife Auto & Home liability and damage coverage.  In an effort to encourage more drivers in Washington and Oregon to purchase new GM vehicles, the auto manufacturer has announced that until September 6, when customers in those two states purchase a new 2010, 211, or 2012 car, crossover, or truck, they would also receive a free year of MetLife Home…

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