What is a joint life insurance policy? Life insurance often becomes a consideration once you start a family. When you are looking to cover both yourself and your partner should either one of you have a tragic accident, surely it would save money and make more sense to have some sort of joint cover rather than two individual policies? Well, yes, that might definitely be the case! A joint life insurance policy is one of many types of life insurance that exists to provide the perfect cover for you and your family. The many different faces of life insurance No two life insurance policies are ever identical . A good life insurance package to protect your family is tailored around your...
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Recently, Robin Spencer, NN Group’s CEO International Insurance, was interviewed by the Czech Republic’s daily newspaper, Právo. In the interview he offers his vision on the Czech life insurance market and on NN Czech’s strategy for coming years – that is, ‘returning to our roots’. Please read the English translation below or download the PDF article in Czech. 'One of the typical features of the Czech life insurance market is the low insurance penetration. Compared to other European countries, people here spend significantly less money on life insurance. On the other hand, according to Robin Spencer, CEO Insurance International, NN Group, this fact presents interesting potential for the...
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10 Social Media Posts to Share During Life Insurance Awareness Month September 18, 2015 September is a great time to promote the benefits of life insurance. Why? Because it’s Life Insurance Awareness Month ( #LIAM2015 )! Get clients to re-evaluate their policies by using social media to share resources and content about the importance of having adequate life insurance that best fits their current life situations. Social media also is a great channel to educate prospects – especially if they’re part of the 40% of consumers who don’t have life insurance at all – on why they need coverage to secure their loved ones’ financial well-being, and how it’s not as costly as they might think. To that...
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Life insurance distributors are pushing their policyholders to buy more policies before November 30, 2019, as the Insurance Regulatory and Development Authority of India (Irdai) life insurance product guidelines will come into force from December 1 onwards. This means insurers will withdraw non-compliant products before that. ‘New plans will come with an increase in premiums’, ‘Guaranteed returns will be lower’ are some of the reasons distributors are putting forth. “There could be an increase in premiums but it would not be too substantial. Moreover, more premium would mean better features for the customer,” says Karthik Raman, CMO and Head, Products, IDBI Federal Life Insurance. In order...
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Life Insurance in Texas People generally don't like to think about life insurance and you're probably no different. After all, life insurance is all about what happens when we're no longer around. However, having good life insurance means that your family, your employees, and those who depend on you will be able to continue living and working in the same way and the same place after you're gone. Benefits of life insurance 1. Replacing income. One of the prime advantages to having life insurance is to replace the income of a spouse, parent or partner when that person passes. 2. Security. Knowing that your loved ones will be protected financially when you die also offers most people a great...
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Would you buy life insurance with a skull for a logo? Dead Happy targets new generation of customers with invite to make a 'deathwish' Self-described 'pay-as-you-go' life insurer Dead Happy launched last month Premiums are calculated yearly and coverage is fixed to 10 years The broker claims to have some of the cheapest cover on the market Everyone knows that life insurance only pays out when you die, but few providers actively choose to overtly draw attention to death. Now, a new insurance provider has done just that. Dead Happy is a fully online 'pay-as-you-go' life insurance broker which launched last month. Curious applicants will be greeted by a trendy website, quirky branding, and...
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'One of the typical features of the Czech life insurance market is the low insurance penetration. Compared to other European countries, people here spend significantly less money on life insurance. On the other hand, according to Robin Spencer, CEO Insurance International, NN Group, this fact presents interesting potential for the future. NN is present in many countries. How do you see your presence in the life insurance and pension markets in the Czech Republic? NN is currently present in 18 countries. We have been in the Czech Republic since 1992, when we became the first foreign company on the market to offer life insurance. Like in many other places, we started our insurance business...
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What is supplemental life insurance? It's coverage you can sometimes get for free at work Three evenly spaced dots forming an ellipsis: "...". Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Supplemental life insurance is a type of coverage you can purchase in addition to a whole or term life insurance policy. If you're a full-time employee, your company may offer supplemental life insurance for free or a very low cost. It may cover things such as burial costs or accidental death and dismemberment. When it comes to different types of insurance, of which there are many, you likely already know the importance of things like...
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Are you looking for a final expense policy from Great Western Life Insurance Company? If so, you have landed on the right page. Educating clients about life insurance products starts with reading reviews because it gives the average person an opportunity to comprehend more before purchasing life insurance. This post is an unbiased review of Great Western Life Insurance Company. With only three knock-out questions on the application, this may be the easiest final expense insurance application you can qualify for. However, is it right for you? Let’s find out more. Great Western Life Insurance History Great Western Life Insurance was established in Ogden, Utah in 1983. Their main business is...
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Top Myths Keeping People from Buying Much-Needed Life Insurance Life! It can be pretty great, wouldn’t you say? And for exactly that reason, many people don’t like talking about life insurance. For some, it can seem a little morbid to discuss what happens to you or your money after you die. And if you’ve seen Groundhog Day, your opinion of life insurance salespeople may be a little tainted. However, life insurance brings assurance to you and your loved ones that finances won’t be a worry in a stressful and sad situation. Because people don’t like talking about life insurance, many don’t understand what they need to do to get the best coverage, and may end up in trouble when they need the...
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