The life insurance industry is currently full of many successes, opportunities, challenges and misconceptions. This is the conclusion of Robert Kerzner, president and CEO of LIMRA (Life Insurance and Market Research Association, Inc.), LOMA and LL Global Inc., speaking at the LIMRA’S recent annual Life Insurance Conference focusing on the state of today’s industry. Based on LIMRA’s extensive collection [...]
The Hartford Insurance Group is exiting its life business in order to concentrate on its stronger property and casualty and casualty operations. The company also said it is seeking to find a buyer for the remainder of its life operations but until then, it will continue to sell life products. Hartford’s decision was likely linked [...]
Because of budgetary constraints, the Social Security Administration (SSA) has stopped sending annual statements that summarized individual payments into the system and estimates of what one will receive depending on the year of retirement. It is not known when, or if, the government will resume mailing these annual benefit estimates. The SSA has also suspended [...]
For foreign nationals, or someone married to one, gift and estate taxes can be daunting and costly if not properly managed. Join us and learn: • How to help preserve client assets and minimize transfer taxes • Helpful fact-finding questions • Valuable tips to identify leads and build referrals • Why life insurance is an [...]
Even as markets improve, Baby Boomers and Financial Representatives remain uneasy about volatility. A new MetLife poll finds that consumers’ tolerance levels for volatility remains low, with strong interest in alternative investments and strategies that can offer more consistent returns over time. This interest in new approaches may present a great opportunity for advisors to [...]
