So, your health care commissions have or may plummet, some by as much as 70%. You could blame the Patient Protection and Affordable Care Act of 2010 (PPACA) – that would be easiest thing to do. But, peel back the onion one more level and you get to the real culprit: the health insurance companies. They [...]
U.S. application activity for individually underwritten life insurance increased in the first quarter of 2012, rising 4.2% compared to the same period last year–the U.S. industry’s best start since 2007, according the latest Medical Information Bureau (MIB) Index Report. First quarter growth, the index says, spanned all ages: 0-44 up +2.4% (largest quarterly increase since Q1 [...]
Individual life insurance sales increased 4% in new annualized premium in 2011, marking the second consecutive year of growth, according to LIMRA International. Here’s what was drove the increases last year. Whole life premium increased 9%. This is the sixth consecutive year of growth in whole life sales, which prior to the economic instability of [...]
Effective on April 16, 2012, ColonySM Term UL applications with face amounts of $100,000 or below that are eligible* for Life Quick Request (LQR), must be submitted through the iLQR process through iPipeline® (iGO Drop Ticket). By simplifying and speeding up the application process, our goal is to make protecting Main Street Americans more efficient [...]
Consider that 35 million U.S. households today have no life insurance coverage whatsoever, a dramatic increase from 24 million in 2004(1). If you want to see evidence of this, check out the obituaries in your local newspaper. Every time you see “In place of flowers, please support the [Name of family] Fund at [name of local Bank]“, you [...]
