Life Insurance

From 1940 to 1970, it was very common for people to purchase whole life insurance. A policy could secure income for their family in case of an untimely death and also help subsidize their retirement planning. Term insurance wasn’t very prevalent in those days. Then, in 1981, the Tax Equity and Fiscal Responsibility Act (TEFRA) … Read more

Life insurance products continue to be popular, particularly as carriers introduce new types of riders and other product features to attract more customers. Experts describe some of the latest trends in life insurance — and what’s driving its growth — including the expansion of value-added services and the evolving distribution of coverages on the exchanges. Term, indexed … Read more

Against a backdrop of stagnant industry growth and technological innovation, the US life insurance industry has begun to experience a shift in the balance of power, away from distributors and manufacturers and towards the end consumer.  Technological advances embraced by other financial service industries have created a consumer base that is armed with more information … Read more