Insurance Forums

New Yorkers affected by COVID-19 may defer paying life insurance premiums for 90 days

The New York State Department of Financial Services (DFS) adopted an emergency regulation March 30 requiring New York State regulated issuers of life insurance and annuity contracts, property and casualty insurers and premium finance agencies to p...

Posted: Mar 30, 2020

Congress finalizes $2 trillion coronavirus relief bill including retirement plan aid

A massive $2 trillion measure to bolster U.S. efforts to combat the COVID-19 health and economic crisis is expected to pass Thursday after White House and Congressional leaders finalized a deal late Tuesday night. The proposal includes a pr...

Posted: Mar 25, 2020

Back on top: Familiar company claims title as 2019’s top annuity seller

Jackson National Life was the top overall seller of annuities in 2019, according to the Secure Retirement Institute’s recently released U.S. annuity sales rankings, reclaiming the lead position after losing it to AIG in 2018. “J...

Posted: Mar 24, 2020

How COVID-19 is, or is not, impacting the life insurance business and the ability to obtain coverage

As part of the panic that has consumed the world surrounding the COVID-19 pandemic, many consumers are asking whether insurance companies are doing anything different, or perhaps, postponing the ability of consumers to obtain life insurance, for g...

Posted: Mar 18, 2020

Sandwich Generation is completely overwhelmed, worried they may never retire

New research from Haven Life Insurance Agency (Haven Life) (conducted before the coronavirus pandemic) reveals that the Sandwich Generation is struggling physically,...

Posted: Mar 17, 2020

2020 CMO Outlook: Chris Calabro, SVP and CMO of Ohio National

Insurance Forums asked top marketing executives at a number of leading life insurance and annuity carriers to share their thoughts on the current state of some of the most important trends impacting the business, their concerns and their strategie...

Posted: Mar 12, 2020

SEC adopts investor disclosure improvements for variable annuities and variable life contracts

The Securities and Exchange Commission (SEC) issued a long-awaited final rule March 11 to streamline the disclosur...

Posted: Mar 11, 2020

Congress re-introduces bill to create a tax-free LTC-Life Settlement Benefit Account

In a continuing effort to bring private-market solutions for funding long-term care to seniors and their families, Congress recently re-introduced the bill H.R. 7203, to fund a Long-Term Care Benefit Account with tax-free proceeds from a life sett...

Posted: Mar 10, 2020

Life insurers have plans in place for potential coronavirus pandemic

While a lot of the insurance-centered coronavirus discussion has focused on whether health insurers cover coronavirus treatment, LIMRA decided to take a look at how life insurers are planning to deal with possible impacts of a pandemic. A q...

Posted: Mar 10, 2020

Insurance Workforce Survey sheds light on attracting, retaining cross-generational talent

Despite common assumptions to the contrary, a new report by

Posted: Mar 05, 2020

Group rails against financial risks of Short-Term Health Plans
Group rails against financial risks of Short-Term Health Plans

A cancer-fighting group is cautioning consumers to be wary of short-term health plans, saying they leave policyholders vulnerable to major medical bills in the event of a variety of serious medical issues. The Leukemia & Lymphoma Society (L...

Posted: Mar 03, 2020

What prospects want to know about agents before they buy
What prospects want to know about agents before they buy

They may not say anything, but don’t be fooled. You’re not home free, no matter how long you’ve been in the business or how good you are at sales. Prospects look you over and check you out. Here’s what they’re thinking: “Is this someone I want to...

Posted: Feb 27, 2020

SEO agency shares new 2020 digital insurance marketing guide
SEO agency shares new 2020 digital insurance marketing guide

Are your current digital marketing efforts generating the results they should be achieving? Could you use a little help? 321 Web Marketing, an

Posted: Feb 25, 2020

2019 annuity sales reach highest level since 2008
2019 annuity sales reach highest level since 2008

Total annuity sales were $241.7 billion in 2019, an increase of 3% over 2018 results, representing the highest annual annuity sales recorded since 2008. That’s according to the Secure Retirement Institute Fourth Quarter U.S. Annuity Sales S...

Posted: Feb 20, 2020

NAIC updates annuity sales best interest model regulation
NAIC updates annuity sales best interest model regulation

The National Association of Insurance Commissioners (NAIC) gave final approval Feb. 13 to a revised model regulation that sets the rules that insurance producers must follow when recommending annuity products to their clients. The move clea...

Posted: Feb 18, 2020

Gen X, Millennials likely to support aging parents… but aren’t planning for it
Gen X, Millennials likely to support aging parents… but aren’t planning for it

New research from AgeUp reveals a majority of Millennials and Gen Xers expect to financially support their parents in their old age, but few are planning for it today. Developed by Haven Life Insurance Agency and issued by MassMutual, AgeUp...

Posted: Feb 13, 2020

New 2020 Medigap Cost Comparison study focuses on Plan G
New 2020 Medigap Cost Comparison study focuses on Plan G

The American Association for Medicare Supplement Insurance just completed its 2020 Medigap Cost Comparison for those turning 65, and it reveals an important finding that has real significance for insurance agents marketing Med Supps. “With...

Posted: Feb 11, 2020

1 in 4 adults can’t name a single life insurer?
1 in 4 adults can’t name a single life insurer?

A new LIMRA study finds 1 in 4 adult Americans cannot name a single company that sells life insurance and a majority (56%) are unable to name three life insurance companies.

Posted: Feb 06, 2020

Agent Pipeline joins forces with Integrity Marketing Group
Agent Pipeline joins forces with Integrity Marketing Group

Integrity Marketing Group, LLC, the nation’s largest independent distributor of life and health insurance products, recently announced the acquisition of Agent Pipeline, Inc. As part of the transaction, Agent Pipeline’s founder, Larry Kimbl...

Posted: Feb 03, 2020

Most life insurance beneficiaries not ready to collect, NAIC finds
Most life insurance beneficiaries not ready to collect, NAIC finds

Millennials and Gen Z least prepared, putting millions of dollars worth of benefits at risk of going unclaimed, insurance commissioners find in new survey. The post

Posted: Jan 29, 2020

Why agents don’t make more sales
Why agents don’t make more sales

One mistake agents often make is defining their role too narrowly as being a salesperson. It can also be the reason they don’t close more deals. The post

Posted: Jan 28, 2020

Why agents don’t make more sales
Why agents don’t make more sales

One mistake agents often make is defining their role too narrowly as being a salesperson. It can also be the reason they don’t close more deals. The post

Posted: Jan 28, 2020

Complexities in MA options discourage seniors from comparing plans
Complexities in MA options discourage seniors from comparing plans

Many seniors miss out on savings and benefits because they are confused about how to shop for Medicare Advantage plans, says Ensurem CEO Dave Rich. The post

Posted: Jan 22, 2020

Complexities in MA options discourage seniors from comparing plans
Complexities in MA options discourage seniors from comparing plans

Many seniors miss out on savings and benefits because they are confused about how to shop for Medicare Advantage plans, says Ensurem CEO Dave Rich. The post

Posted: Jan 22, 2020

Insurify expands into life insurance
Insurify expands into life insurance

With over $10 billion of insurance coverage sold since 2016, leading insurtech car insurance startup aims to become the one-stop-shop comparison platform for car, home and life insurance. The post

Posted: Jan 21, 2020