Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Connect with clients through financial life planning
By Al SteeleThe last taboo isn't sex - it's money. Although we may think that our clients speak openly with us about money, the subject often has deeper, more emotional ties that make it difficult to share. A financial life planning approach can be valuable in
April 11, 2008
OFC offers producer, consumer benefitsConsumers and producers could benefit from the implementation of an optional federal charter system for the insurance industry, according to a study by Dr. Laureen Regan, an associate professor at Temple University's Fox School of Business and
April 11, 2008
Asset ownership in senior households29%: Percentage of households, headed by someone 65 or older, that own stocks or mutual funds. 78.4%: Percentage of people 65 or older who own their home. 6.1%: Percentage of people 65 or older who own rental property. 8.1%: Percentage of peo
April 11, 2008
Do you believe you have enough money to last your entire retirement?No, but it didn't used to be that way. I gave my ex-wife a $300,000 house, so I've been living in an apartment since my divorce. I do have some investments and retirement plans in place, but I'm not sure how a recession will affect that money. By
April 11, 2008
Whole life policy covers final expensesThe 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
Senior housing53%: Percent increase of senior households by 2020. 12.4%: Percentage of current population made up of seniors, about 35 million people. 20%: Percentage of seniors with significant long-term care needs. 44%: Approximate percentage of homeowne
April 11, 2008
Medical underwriting and life expectancy estimatesWhen confronting one's own mortality, the average person is usually in denial. Armand Hammer, a well known industrialist and geo-political power broker, worked right up to the day he died at age 96. In fact, six months prior to his death, he had
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