Live Insurance News

Life insurance should be purchased early for best results

September 15, 2012April 30, 2013

Financial advisors are failing to get the message across to their younger clients. Recent statistics regarding the way that financial advisers are recommending life insurance products have shown that there are two primary common actions that are leaving their clients without the coverage from which they could greatly benefit. The most common of these habits is not to recommend the policies at all. Although life insurance has decreased in its popularity over the last two decades, this does not remove the fact that many people – particularly those with families…

Life Insurance Awareness Month is working to build its success this year

September 14, 2012September 14, 2012 H. Cutner

September 2012 is aiming to draw significant attention to this financial planning tool. This month represents the ninth anniversary of September as the official Life Insurance Awareness Month, in which the industry works to draw attention to the many benefits of this coverage for consumers and their families. The current economy has been a prime illustrator of how shaky a family’s financial situation can be. A recent study quoted by LIMRA has shown that Americans are experiencing growing concerns with their ability to make their bills, rent, and mortgage payments…

Life insurance is being rediscovered as important to financial planning

August 25, 2012April 30, 2013

This shaky economy is encouraging consumers to take a second look at the coverage. For the last several years, the popularity of life insurance has been shrinking, reaching the lowest points that it has seen in decades, but with the state of the current economy, financial planners are beginning to turn their gaze back toward this coverage product and the security that it can offer. Though the policies should not be considered an investment, they do offer planning flexibility. To start, it should be understood that in the majority of…