Congressional Hearing Tackles Long-Term Care Funding Woes
“Our current system of providing long-term care is unsustainable for both the government and for families,” Sen. Ben Nelson warned.
The Life Insurance Fiscal Cliff: No Tax Preference Is Safe
The potential elimination of many tax preferences currently afforded life insurance is one facet of today’s fiscal cliff discussions that is often overlooked. In today’s political environment, no tax preference is safe.
Insurance Ownership Increases Feeling of Financial Security
Purchasing insurance policies helps Americans feel more financially secure, a poll conducted in August by Northwestern Mutual found.
Young Investors More Likely to Buy Insurance From Banks
Young people are more likely to consider buying a life insurance policy through their bank than older generations, a study released Monday by LIMRA found.
Post-Retirement Health Care: A Quarter-Million-Dollar Dilemma
Many of your clients retiring this year are likely to incur about $240,000 per couple in out-of-pocket health care expenses during retirement. How do you advise them to cover these expenses on a fixed income?
Consumers More Likely Than Ever to Buy Life Insurance Direct
Insurance agents are still the preferred way to buy life insurance for many Americans, but they are increasingly turning to direct methods of purchase such as online, phone or mail orders, a survey released Wednesday found.
Agents Allege Carrier Complicity in CHOLI Scheme
Aviva knew of insurance policies, agents say, and add that nothing illegal was done.