Louisiana focusing on unclaimed life insurance
Every year, millions of Americans pass away and many of those people have life insurance policies in their names.
Indexed universal life insurance proving more popular, effective
Currently, tens of thousands of baby boomers are reaching their official retirement age every day, and that’s going to continue for many years to come.
Do life insurers need to do more outreach to find new clients?
Many potential consumers put off purchasing life insurance due to concerns about the cost of the insurance or concerns about the products being too complicated or the response time for approval being too long.Â
Life insurance premiums on the rise
There have been a number of ways in which the life insurance industry has improved over the past year or two, as more consumers start to look into obtaining this type of coverage once again.
How can life insurers make people eager to buy coverage?
One of the biggest hurdles life insurance issuers have had to overcome in the past few years – and which they’ve only achieved to varying degrees – is the fact that people simply aren’t eager to buy such coverage these days, for any number of reasons.
Proposed life insurance rule would help children of same-sex couples
The life insurance industry has seen a variety of new regulations over the past several years, and several new ones are in the process of being adopted over the next few years.
How do consumers look for life insurance, other coverage?
These days, the life insurance industry seems to be constantly in search of ways to boost client rolls, but haven’t really been able to find a significant foothold even as the broader economy continues to improve.
How do life insurers plan to grow their companies?
It’s no secret in the life insurance that the last few years haven’t been particularly robust in terms of bringing in new clients, but firms in that field are certainly focusing more on that issue in particular these days.
More types of life products could hit the market soon
Over the past several years, life insurance companies have learned the hard way that many consumers think they simply cannot afford such coverage, even as the economy continues to improve.
Many middle class Americans do not own life insurance
With the economy improving since the recent recession, it is important for insurance companies to look toward areas of potential growth. The middle class has always been a group that insurance companies targeted to gain new customers, but it seems as if the current uninsured or underinsured middle class offers further potential for growth based on a study recently completed by LIMRA.