Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Rider improves cash surrender value
By Staff WriterLiquidity 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
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
April 11, 2008
Economics of aging10%: Percentage of men aged 55 to 64 who worked part-time in 2003, compared with 25 percent of women aged 55 to 64 who worked part time in 2003. 47%: Percentage of men over age 70 who worked part-time in 2003; approximately 66 percent of women ov
April 11, 2008
UL portfolio makes debutColumbus Life Insurance Co. decided to make its introduction of universal life policies memorable by launching three products instead of just one. Under the umbrella of the UL portfolio are three products: Explorer Plus, Indexed Explorer Plus and
April 11, 2008
Term life plans introducedLife insurance isn't always at the top of people's list of priorities. Many would rather visit the dentist and forgo the painkillers. Mutual of Omaha has tried to make an advisor's job easier by introducing four term life plans to make
April 11, 2008
Leisure spending in retirement$600,000: Approximate amount retirees expect to spend on leisure activities during retirement. $578,000: Amount respondents in their 50s anticipate spending over the course of retirement on leisure activities, compared with $611,000 for 60-someth