Moody’s Rating Service announced today (9/14) that their outlook for the US life insurance industry has changed to negative from stable, the rating agency says in its new “US Life Insurance Industry Outlook,” with low interest rates, in particular, continuing to depress companies’ earnings over the next 12–18 months. This is in line with other…
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Thanks to Dennis Jay who the is executive director for the Coalition Against Insurance Fraud for allowing me to re-post the following important information – visit the Coalition Against Insurance Fraud by clicking here: Life insurance scams don’t often command the attention that their bigger cousins — medical fraud and car scams — do. The…
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Thanks to SelectQuote for featuring me as a guest blogger – here’s my latest post on “Bringing Home the Gold In the Life Insurance Olympics” – click here to view on the Selectquote.com website: Olympic Athletes train for years to become the best at what they do. Olympic Athletes are at the top of the…
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Thanks to Ben Gran at InsuranceQuotes.com for the interview for his article on “How life insurance helped one woman build a new life after her husband’s death”. This article highlights the issue of discussing plans with your family about your life insurance, the purpose of the life insurance and intent for proceeds. The other important…
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Thanks to SelectQuote for featuring me as a guest blogger – here’s my latest post on www.selectquote.com: Are your beneficiary designations up to date? (part two) If you have multiple beneficiaries, you can explicitly define how you’d like the death benefit distributed in case he or she passes before you do. Select which of the…
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Thanks to SelectQuote for featuring me as a guest blogger – here’s my latest post on SelectQuote.com: An important part of being a parent is taking care of your child financially. Saying it is the easy part, the hard part is doing it. An often overlooked planning error with life insurance is when beneficiary designations…
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Independence is defined as freedom from the control and influence of others. Independence is about being able to make choices, your own choices. In the area of life insurance, this means your ability to choose the policy that best fits your needs at the lowest premium. Dependence is where you rely on someone else to…
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April is Financial Literacy Month. In multiple studies, it’s been shown that most American’s have minimal knowledge regarding financial matters. In my own personal experience this extends to Insurance Literacy and the ability to understand life insurance and disability insurance products which is what’s led to the free tools and resources (more to come over…
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Thanks to Aaron Crowe at Insurance.com for the interview for his article on the impact of build and losing weight on applying for life insurance. Every insurance company uses different criteria in setting parameters on height and weight for their top tier (and all) rate classifications. It’s important to look at different companies to determine…
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Thanks to Ingrid Case at Benefitspro.com for the interview on the important topic of What’s Causing Steep Premium Increases? While the article discusses health insurance while my specialty is life and disability insurance, the topics that I discuss regarding the continued financial pressures on insurance companies due to the financial turmoil of 2008 – keep…
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