Live Insurance News

How to buy life insurance and broach the topic of death

April 15, 2012May 27, 2012 Julie Campbell

Though most people will reach the point that they’d like to consider coverage, knowing how to talk about the subject of death and how to buy life insurance isn’t always an obvious thing to do. After all, the process of trying to assign a financial value to a person’s life is not exactly a comfortable topic. However, what must be kept in mind is that this form over coverage is not designed to reduce the mourning and grief that will occur when a loved one has died, but it is…

The Hartford launches new life insurance Issue First process

November 9, 2011August 19, 2013 Nordstrom

The Hartford has announced that it will now be able to offer its customers permanent life insurance in as little as five days, by way of its brand new First Issue process. As the current average in the industry for permanent life insurance delivery is 48 days, the new Hartford process has reduced that time to a mere fraction. It shows that the insurer has listened to the common complaint that they receive from their customers: that life insurance takes too long to purchase, and that they have done something…

Insurers remind consumers of Life Insurance Awareness Month in September

September 3, 2011 Julie Campbell

September is Life Insurance Awareness Month, and insurers such as Northwestern Mutual, which has been named the Fortune magazine “World’s Most Admired” life insurance company for 2011, is witnessing a growth in the interest consumers have for their long term protection, as the insurer reminds people across the United States about the importance of life insurance to planning financial security. According to the vice president of life products at Northwestern Mutual, Dave Simbro, “Life Insurance Awareness Month is a great reminder for everyone to consider their life insurance needs”. He…

Chronically ill patients can receive patient for life insurance from The Hartford

July 28, 2011July 28, 2011 Nordstrom

Chronically ill clients of The Hartford can now benefit from a new patient for life insurance system that has been awarded to the insurer, to advance the death benefit of a policy in order to offer those patients an income. For the first time in the insurance industry, consumers will be able to obtain an income from the LifeAccess Accelerated Benefit Rider® system, which provides chronically ill patients with an income that they can use for whatever they want, including paying family or friends to provide them with home care.…

Shopping for life insurance on the Internet

September 21, 2010December 20, 2010 Nordstrom

In days past, life insurance agents would come to your door. Today, the agents are trying to reach people through the Internet. The benefit of purchasing online is that you can compare insurance companies and their rates, view features and plans that are offered. Many online insurance companies will even connect you with a licensed insurance agent so you can make sure you get the coverage you need for yourself or your family. Gary Lardy, CEO of IntelliQuoute feels that by insurance websites providing access to tools at all hours…