Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Medical underwriting and life expectancy estimates
By Peter Klein, Managing Director, Secor Advisors Group, LLCWhen 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 10, 2008
How well are you financially prepared if a catastrophic event were to occur tomorrow?If you mean if I died tomorrow, then yes. Both my wife and I have life insurance, so if something bad did happen, I know she would be taken care of." - David C., 59Wantagh, N.Y. That's a scary question. I would hope so, but it would depend on a
April 10, 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 10, 2008
Americans postponing retirementResearch from the Employee Benefits Research Institute points to an increase in the age of the workforce, which is not a surprise to many. EBRI says 38 percent of Americans older than age 55 are in the workforce, up from 29 percent in the 1993. In
April 10, 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 10, 2008
What keeps you up at night?The fact that I know I?? 1/2 ll never be able to retire. Basically, I?? 1/2 ve got nothing going for me right now when it comes to money. At my age, I have absolutely zero savings, I?? 1/2 ve pretty much maxed out my income earning potential, and my
April 10, 2008
How aware are your children about your retirement portfolio, life insurance policies, will and/or estate plan?Probably not as aware as they should be. You know, I don't think I've ever sat down with the two of them to discuss this type of stuff. They're both busy with their own lives, and it's not really a family dinner type of conversation." -
April 10, 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