Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Long-Term Care Insurance Sees 3% Increase In Tax Deduction Limits
By staff WriterThe Internal Revenue Service (IRS) has announced increased deductibility levels for long-term care insurance policies purchased in 2010. For the first time, the maximum deductible limit for an individual exceeds $4,000 according to AALTCI.
October 18, 2009
Exploring The Many Uses Of Grantor TrustsThis year has brought with it applicable federal rates that are lower than many of us thought possible.
October 18, 2009
Full Disclosure Indexed Universal Life ReportOne of the challenges in evaluating indexed universal life products is determining how the individual pricing components affect policyholder values.
October 18, 2009
Industry Groups Fighting Fiduciary StandardThis week will tell whether the insurance industry has been able to persuade the House Financial Services Committee that a proposed "one-size-fits-all" fiduciary standard governing the sale of securities products.
October 18, 2009
Short-Term Premium Financing May Work for Affluent ClientsSelling insurance products can be difficult during good times and extremely challenging in recessionary times.
October 16, 2009
Personnel Changes: Assurant Health, Insphere, OthersAssurant Inc. has named Adam Lamnin executive vice president and chief operating officer.
October 16, 2009
Reform Bill Could Bar LTC Incentives: NAHUThe National Association of Health Underwriters is voicing concern that healthcare legislation reported out this week by the Senate Finance Committee would reduce incentives to buy long term care insurance.
October 16, 2009
Health Insurers Extend Olive BranchOfficials of America's Health Insurance Plans appear to be trying to reopen talks with Senate Democratic leaders in an effort to reshape the healthcare reform legislation passed by a Senate panel earlier this week.