Accenture estimates the life insurance gap at approximately $12 trillion for U.S. middle-market customers, with $12 billion in revenue to be gained by simply serving them. Yet independent agents often overlook the middle market because high acquisition co
For no additional premium, Midland National Life Insurance Company expanded the scope of its Premier Term life insurance product by adding accelerated death benefit endorsements for critical, chronic and terminal illness.
Traditionally, standalone long-term care insurance has targeted the affluent. But New York Life saw a need to provide this valuable coverage to middle-market consumers at a price point that suits more peoples’ budgets.
Non-guaranteed universal life insurance, also known as current assumption universal life, has been subjected to rather brutal criticism over the last few years. But how much of this condemnation is truly warranted?
What do the “greying” of America and autonomous vehicles have in common? Together, they are conspiring to kill your personal lines book.
Life insurance is sometimes portrayed as a “set it and forget it” type of investment, but the reality is that there are a variety of variables that can change along the way.
More than half of long-term care insurance claims begin in the home, compared to only 28.2% that commence in a nursing home, according to a recent analysis.
In recent years, a low interest rate and higher capital requirements have presented interesting challenges for creating low-priced, high-quality life insurance products.
Although the property-casualty and health insurance sectors have rushed to embrace the benefits of big data and predictive modeling, life insurers are lagging far behind.
Aflac’s new group whole life product includes greater plan maximums and gives customers the opportunity to build cash value and accumulate savings. The group term life product offers a combination of employer-paid, supplemental buy-up and voluntary covera