Digital communication has helped agents interact more effectively with their clients.
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Notable rise in life insurance ownership since 2010
An estimated 5 million additional U.S. households have a life insurance policy in effect today than in 2010, according to a newly released report from global information services firm LIMRA.
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Life insurance sales continue to swell in 2016
The life insurance sales train continues to chug along, as application volume notched higher in June, according to newly released figures.
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401(k)s ought to offer annuity options, GAO says
The Government Accountability Office says the Labor Department should urge employers to include lifetime income options in 401(k) products.
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In a 2016 first, life insurance buys fall, report shows
In what may be best described as a summer swoon, life insurance sales fell for the first time in 2016 during the month of August, according to newly released data.
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Clients prefer blend of tech, human touch for financial guidance
Professionals have to be careful not to let technology – fully automated or otherwise – be used in lieu of in-person interaction. It’s not good for business and it’s not desired by those who seek financial guidance, according to the results of a newly released report.
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Retirement preparation a ‘shared responsibility,’ report warns
A new analysis reinforces the message that there is no such thing as retirement inevitability, especially if something isn’t done by worldwide governments to more adequately inform citizens who aren’t seeing the forest through the trees.
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New Illinois law requires life insurers to seek out beneficiaries
In August, Illinois became the latest state in the U.S. mandating life insurers reach out to beneficiaries when policy proceeds go unclaimed.
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Consumers say buying life insurance could be easier
For insurance agents, buying life insurance is a fairly straightforward affair. Talk to average consumers, though, and they very well may beg to differ.
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More Americans wish they’d saved for retirement earlier
The newly septuagenarian songstress Cher once crooned about what she would do if she could turn back time. If Americans could do the same thing, they’d start saving for retirement earlier in life, a new poll reveals.
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