Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Whole life policy covers final expenses
By staff WriterThe death of a loved one causes many headaches for those who are left behind. A final expense policy alleviates many of the troubles. Mutual of Omaha has introduced Whole Life Express, a policy that pays out directly to the named beneficiary so he
April 11, 2008
Health care in retirement60%: Percent of total health care costs spent after age 65 for people who live beyond 85. 35%: Percent of employers with at least 200 employees who offered retiree health benefits in 2006, down from 66 percent in 1988. 94%: Percent of employers
April 11, 2008
Rider improves cash surrender valueLiquidity can be a problem for wealthy individuals who need large amounts of life insurance protection. AXA Equitable saw that as a problem and came up with a life insurance rider meant to alleviate the issue for wealthy policyholders. Its Cash
April 11, 2008
Keep recession in perspectiveKeep perspective - recessions have typically lasted between six months and 18 months, a small period of time for the long-term, strategic investor. Market reactions to recessions have been mixed in the past, but the current trend in the U.S. appears
April 11, 2008
Final expense products announcedThe days after the death of a loved one are emotional and sometimes confusing. As funerals become more expensive and taking care of any final bills remains cumbersome, insurance products that help survivors grow in popularity. Lincoln Heritage
April 11, 2008
Retirement obstacles71%: Percentage of retirees who are worried about having enough money for retirement. 56%: Percentage of retirees who believe their retirement will be as good or better than their parents. 59%: Percentage of people surveyed who have done no ser
April 11, 2008
Cost containment, Efficiency can improveInsurance industry executives are constantly hunting for ways to improve efficiency and cut costs to remain competitive. Deloitte has done some of the work for them, with its 12th annual benchmarking studies, LIONS 2007 and ACES 2007, which look
April 11, 2008
Managing retirement income91%: Percentage of seniors who think about keeping money for later in life when making withdrawals. 42%: Percentage of seniors who would trade liquidity for income if they were certain they would not lose any money. 40%: Percentage of seniors w