Live Insurance News

US Health and Life Insurance in the Next 5 Years

January 30, 2013April 14, 2014 Guest Author

Taking out life insurance is an important decision that provides your beneficiary with a benefit at the moment of your death. However, when it comes to thinking of the future, health care is a factor that does not only contribute to your wellness, but that will be connected to changes in life insurance terms now that the Obama administration is moving forward with the health care law. The health care law that presumes to provide equal opportunities to all American citizens to receive medical attention and get insured regardless if…

Life insurance industry may be in for a rough future

November 29, 2012November 27, 2012 Dan

Life insurance industry must adapt to change or it will fail The life insurance industry is facing a changing landscape, new risks, and emerging trends that could have a drastic effect on business. A new report from PwC US, an industry-focused consulting firm, suggests that life insurance companies will need to adapt to these changes if they wish to survive the next decade. The report, titled “Life Insurance 2020: Competing for the Future,” highlights several of the emerging factors that could have major influence over the life insurance industry. Report…

Walmart enters into life insurance business

October 11, 2012 S.Vagus

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…

Over 50% of financial advisors selling life insurance miss opportunities to do so

May 23, 2012July 16, 2021 Adrian Flemming

A Saybrus survey shows that many miss the chance to bring plans and policies together. A recent study performed by Saybrus Partners, Inc., has shown that financial advisers will frequently overlook the chance for selling life insurance as an important part of an individual or family’s financial planning. Only 34 percent of the respondents claimed to be “very comfortable” broaching the topic with clients. The survey also showed that 56 percent of advisors have not made it a habit of regularly discussing the importance of this type of coverage to…

Who should buy life insurance?

May 5, 2012April 30, 2013

There is a great deal of information about these policies but consumers often wonder if it’s for them. With all of the information that is currently available about life insurance, and all of the various forms that can be purchased, it isn’t always easy to know if it will be something from which you will benefit. As with every type of product, it can be very beneficial to some people, and yet not to others. In terms of ensuring a family’s financial security, life insurance is typically considered to be…