Personal Lines

“We see challenges with LTC (long-term care) adoption rates,” says independent agent Kelly Augspurger. “In my opinion, it’s an awareness and education issue because people don’t know what they don’t know.”

“Everything is always changing in the health care industry and unfortunately, it’s not always in the best interest of the insured,” says independent agent Felicia Ethridge. “One of the biggest challenges is trying to keep up with the changes and updates from the government.”

As Generation Z becomes an increasingly significant part of the workforce, employers must rethink their approach to retention and benefits.

September is Life Insurance Awareness Month and provides an opportunity to dispel misconceptions and educate the many Americans who live with a life insurance coverage gap.

The sandwich generation face the pressure of balancing care for aging parents and kids while grappling with the complexities of life insurance and long-term care.

“More education is needed to get younger people to incorporate life insurance into their retirement planning and overall investment strategy,” says independent agent Colleen Corrigan. “If they purchase life insurance under the age of 40, it’s fairly inexp

For independent insurance agents, capturing the underserved life insurance market of young consumers and keeping apprised of their needs can open up opportunities.

Accumulation Advantage+ offers a premium bonus on the money placed in the annuity for the first 18 months, vested at a rate of 10% each contract year.

Agents must be willing to put in the work to overcome a maze of U.S. and foreign regulations, as well as logistical hurdles, to get foreign national clients’ policies funded.

Despite its importance, many consumers hesitate to increase or obtain life insurance coverage. It’s important for agents to address these barriers sensitively and provide informed guidance built on a foundation of trust.