Life Settlements: Understanding the Life Insurance Secondary Market and its Value to Consumers
NOTE: The following is an excerpt taken from the most recent whitepaper released by author and former industry lobbyist, Chris Orestis, Executive Vice President for GWG.
The whitepaper is titled "Life Settlements: Understanding the Life...
Recent Life Insurance News
Seniors help life application activity slip back into positive territory
Latest MIB Life Index shows Under 45 applications improve but stay negative while over 60 apps jump 18%.
Life Happens, LIMRA encouraging consumers to “Insure Your Love’ throughout February
With Valentine’s Day upon us, Life Happens is once again spending the month of February reminding consumers to protect loved ones with life insurance – and they’re getting some extra help from LIMRA.
Insurers actively recruit new talent as tens of thousands near retirement
Insurance Information Institute creates content to promote insurance as an ideal career destination for students and young professionals.
Industry’s $70-billion opportunity: Study finds average life policyholder 74% underinsured
New report from insurtech Atidot highlights inadequate coverage for consumers and huge missed revenues for insurance providers.
Ladder launches ‘Ladder for Advisors’ to encourage term life as part of clients’ financial...
Fee-based financial advisors get access to a customized toolkit and dashboard to help clients implement term life insurance as part of their ongoing financial planning.
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.
Protective Life enters $1.2B agreement with Great-West to reinsure individual life and annuity business
When closed, transaction will be the largest acquisition in Protective Life’s history.
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.
Vantis Life introduces new digital platform for agents
Penn Mutual subsidiary hoping to reverse the trend of declining life insurance ownership among mass-market customers with new product suite, powered by accelerated underwriting, enabling distributors to offer fast, efficient access to more people.
Advisors on carriers: Product and fees are important, but service is the differentiator
While product features and competitive costs will initially get an advisor’s attention, ongoing service and support will keep it, a new LIMRA/EY study finds.