Simplified underwriting gaining momentum among consumers
Almost half of Americans say they are more likely to buy life insurance using simplified underwriting, drawn to the speed and ease that it offers.
Recent Health Insurance News
350,000 Americans bought LTCI policies in 2018
Combo products account for lion’s share of new policies sold according to new data from the American Association for Long-Term Care Insurance.
As Millennials grow, so does their need for income protection
Tips for agents looking to target the workforce’s largest generation for individual disability insurance.
Genworth suspends LTCI, annuity sales through BGA channel
Company has temporarily suspended sales of individual long-term care insurance and income Assurance Annuity products through the brokerage general agency channel in all states, effective as of Monday, March 11.
HealthSherpa’s 2019 ACA enrollment spikes 81%
Company says it enrolled over 500,000 people in ACA coverage during the 2019 open enrollment period.
Integrity Marketing Group expands with acquisition of Tidewater Management Group
Integrity, the nation’s largest independent distributor of life and health insurance products, has acquired Raleigh, N.C.-based Tidewater, one of the largest distributors of Medicare Supplement and Medicare Advantage products in the Southeastern U.S.
Individual life sales forecast calls for 3% growth in 2019
U.S. individual life insurance sales are expected to rise 3% to $15.0 billion in 2019, according to LIMRA’s just-released annual predictions report. Growth also expected in technology and workplace retirement savings plans.
CMS finalizes New Medicare Card distribution ahead of deadline, accelerating fight against Medicare fraud
New Medicare cards offer better identity protection for millions of Americans.
Long term care insurance claims top $10 billion in 2018
A record $10.3 billion in claims was paid last year by the nation's long-term care insurance companies, according to new data from the American Association for Long-Term Care Insurance.
Prices for LTCI coverage show slight year-over-year increase
Just-released 2019 LTCI Price Index shows average annual premium for a 55-year-old couple was $3,050.
3 InsurTech trends expected to accelerate in 2019
Demand for skillfully acquired and implemented analytics, transparent experiences for consumers and mutually beneficial partnerships were all trends that developed in 2018, and are expected to gather more momentum in 2019.