Whole Life NEWS


SBLI launches final expense whole life product

The Savings Bank Mutual Life Insurance Company of Massachusetts has introduced a new Final Expense Whole Life Insurance policy that consists of a cash payment the beneficiary can use for more than just funeral costs.

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What to look for (and stay away from) in carrier options when selling Final...

Insurance Forums member David Duford shares four key tips for anyone making the transition from face-to-face final expense sales to telesales.

Most life insurance beneficiaries not ready to collect, NAIC finds

Millennials and Gen Z least prepared, putting millions of dollars worth of benefits at risk of going unclaimed, insurance commissioners find in new survey.

The American College announces 2019 winner of its top honor

Fred Jonske will receive the 2019 Solomon S. Huebner Gold Medal on Friday night for his leadership in the financial services industry and dedication to furthering the mission of The American College.

Individual life sales flat in second quarter, first half of 2019

YTD policy count down 4%, but indexed universal life continues to shine according to latest LIMRA sales figures.

Kelly and Kelly to Keynote NAILBA 38

The National Association of Independent Life Brokerage Agencies, (NAILBA), announced Hall of Fame NFL Quarterback Jim Kelly and former U.S. Secretary of Homeland Security and White House Chief of Staff General John Kelly will headline NAILBA 38 in Dallas later this year.

People worried about market volatility in retirement should consider whole life, report finds

Study by Wade D. Pfau and Michael Finke shows how cash value can help protect against risk from market downturns.

Women, Gen-Xers most in need of education about benefits of permanent life coverage

Allianz Life’s 2019 Life Insurance Needs Study identifies opportunity for agents to assist underserved groups.

Individual life sales rise slightly in Q1 despite fewer policies sold

Latest LIMRA data finds fixed UL sales dropped 15%; indexed UL new annualized premium grew 9% in the first quarter.

Life sales off to slow start in 2019

Wink’s Sales & Market Report says 2017 CSO requirements are hitting the industry hard, with UL and indexed life sales dropping more than 20% from the previous quarter.

Under-60 crowd not pulling their weight with life insurance applications

Activity stumbles in March, MIB Reports, although over-60 apps are up.

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