Strange but true: Wacky things and trivia nuggets from the world of insurance
No doubt insurance is a serious business. But that doesn’t mean a lot of silly or curious things related to insurance won’t pop up in the news from time to time.
Life Insurance
InsurTech Updates: Bevy of new non-policy products being rolled out by insurers
News about some new product rollouts from insurers that aren’t insurance policies – including an emergency services app, a Facebook chatbot, an individual mortality risk scoring system and will creation tool.
Half of people with diabetes don’t think they qualify for or can afford life insurance
New John Hancock study identifies significant disconnect between fact and fiction regarding the cost of and ability to get coverage among Americans living with diabetes.
Life Settlements pros ‘chart the course’ toward making Americans more aware of their use to address financial needs
As a new Conning study says overall market conditions point to continued growth for life settlements, industry professionals gather at the LISA’s fall conference to discuss how best to take advantage of the opportunity in front of them.
Life Insurance customer satisfaction reaches all-time high, J.D. Power finds
State Farm ranks highest in life insurance customer satisfaction for fourth consecutive year; favorable pricing gets most credit for rising satisfaction rates.
Hot IUL category gets another boost with trio of new products
Indexed Universal Life insurance policy sales – already on track for a record-setting year in 2017 – figure to get an additional boost from a trio of new IUL products that were introduced to the market recently.
Lincoln Benefit Life being acquired; may resume life and annuity sales
A North Carolina company has entered into an agreement to buy LBL in a deal expected to lead to Lincoln Benefit Life back into selling life insurance and annuity products.
Saliva tests as longevity predictor inch closer to becoming a true disruptor for life insurers
Life Epigenetics announces that two major insurers will test its exclusive lifespan-predictive technology – purported to be a more accurate and economical way to help carriers determine appropriate premiums for individuals.
Haven Life undergoes strategic overhaul that streamlines its term life buying experience
The two-year-old life insurance startup backed by MassMutual has launched an improved buying experience that prioritizes delivering real rates over quotes and features a friendlier application process with half the questions.
Repeal of federal estate tax included in GOP tax reform framework
The elimination of the federal estate tax is indeed included in the tax reform “framework†plan proposed Wednesday by President Trump and Republican leaders in Congress. How could it impact the life insurance market?
