Wednesday, 23 January 2019
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Category Archives: Life insurance

Life Insurance Sales To Rise 3 Percent In 2019, LIMRA Forecasts – Insurance News Net
23 Jan
11:28

Life Insurance Sales To Rise 3 Percent In 2019, LIMRA Forecasts – Insurance News Net

Life insurance is holding its own in the latest quarterly sales numbers. Courtesy of LIMRA Reports In 2019, LIMRA is expecting U.S. individual life insurance sales to rise 3 percent to $15 billion. This growth will be primarily driven by gains in disposable income and bond rates, coupled with low […]

Draft life insurance code needs more teeth, says lawyers’ group – Insurance Business Australia
23 Jan
8:19

Draft life insurance code needs more teeth, says lawyers’ group – Insurance Business Australia

The draft life insurance code requires substantial revision to make it legally binding and to meet the key issues raised in the Hayne royal commission, the Australian Lawyers Alliance (ALA) said in a submission to the Financial Services Council (FSC).   Josh Mennen, ALA spokesperson, said the code “needs to […]

Life Insurance Is NOT a Financial Service: New IRS 199A Tax Deduction Regs – ThinkAdvisor
23 Jan
7:58

Life Insurance Is NOT a Financial Service: New IRS 199A Tax Deduction Regs – ThinkAdvisor

(Image: Thinkstock) The Internal Revenue Service has released final regulations that should help life insurance agents get a big new federal income tax deduction — by classifying life insurance as not being a financial service. The IRS says it generally will exclude sales of commission-based insurance policies when deciding whether a business […]

Price of insulin more than doubled over five years – CBS News
23 Jan
2:08

Price of insulin more than doubled over five years – CBS News

The cost of insulin for Type 1 diabetics has almost doubled over a five-year period, highlighting the financial strain that many diabetics face when paying for treatment. Type 1 diabetics spent about $5,700 a year on the life-saving drug in 2016, up from about $2,900 in 2012, according to a […]

Remind Clients How Life Insurance Solves Problems – ThinkAdvisor
22 Jan
11:38

Remind Clients How Life Insurance Solves Problems – ThinkAdvisor

(Image: Thinkstock) (Related: 6 Types of Financial Advisor) Are your friends narrow minded? You might qualify for the Million Dollar Round Table and hold multiple securities licenses and certifications, but your friends think of you as an insurance agent. “She sells life insurance. I don’t need any right now.” Are your […]

Buy SBI Life Insurance Company, target Rs 750: HDFC Securities – Economic Times
22 Jan
8:29

Buy SBI Life Insurance Company, target Rs 750: HDFC Securities – Economic Times

HDFC Securities has a buy call on SBI Life Insurance Company with a target price of Rs 750. The current market price of SBI Life Insurance Company is Rs 626.50. Time period given by the brokerage is one year when SBI Life Insurance Company price can reach the defined target. […]

Guardian Recognized for Award-Winning Customer Care Across Insurance and Wealth Management Product Lines – GlobeNewswire
22 Jan
6:38

Guardian Recognized for Award-Winning Customer Care Across Insurance and Wealth Management Product Lines – GlobeNewswire

Marlborough, MA, Jan. 22, 2019 (GLOBE NEWSWIRE) — Today DALBAR recognized The Guardian Life Insurance Company of America (Guardian®) for outstanding customer care through their phone channel. This high level customer care is evidenced by Guardian earning the prestigious DALBAR Service Award for multiple product lines in 2018, including: Life […]

Tax cuts expected for clients making over $125000: Tax Strategy Scan – Financial Planning
22 Jan
3:51

Tax cuts expected for clients making over $125000: Tax Strategy Scan – Financial Planning

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about. Your client made $125,000 in 2018? Here’s how big a tax cut to expectA household with two children and $125,000 in annual income can expect their tax bill to decline to $10,099 in 2018 from […]

Woman says her son couldn’t afford his insulin… now he’s dead – WEAR
22 Jan
2:19

Woman says her son couldn’t afford his insulin… now he’s dead – WEAR

Woman says her son couldn’t afford his insulin… now he’s dead NEW YORK (CBS/CBS Newspath) —  When Nicole Smith-Holt’s 26-year-old son died, he had just moved out of his parents’ home and was starting a life of his own. “The hardest part is every time I tell the story, it’s […]

Is Your Universal Life Insurance Policy about to Crash? What to Do If It Is – Dentist’s Money Digest
22 Jan
11:48

Is Your Universal Life Insurance Policy about to Crash? What to Do If It Is – Dentist’s Money Digest

Universal life insurance policies used to be popular and looked to be beneficial for policy holders. However, times have changed and many of them are now failing. What should you do if your policy is one of the ones now failing? At one-point, universal life insurance policies were one of […]