, 2019 – Direct echo, Sigfox operator SimpleCell Networks and Simple Hardware have released unique motion and water sensor technology, including an intuitive mobile app developed by Direct echo, to alert people to adverse events that might be going on in their home. In the future, Direct insurance wants to offer this service along-side its insurance products. Launched into the Czech market by insurance company Direct echo, the sensors, connected via Sigfox’s global IoT 0G network, can be attached to doors and windows to alert people if they are opened. If the sensor detects movement and a break in is suspected, it will send a message to homeowners through the system’s mobile app, which can...
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Can you cancel life insurance? (and what happens if you do) The simple answer is yes you can, there is nothing stopping you cancelling your life insurance. In this article we explain how to cancel your life insurance, what will happen if you cancel your life insurance policy, how to reinstate a cancelled life insurance plan and provide some ideas on how to cut the cost of your life cover. How to cancel a life insurance policy The simplest way to cancel your life insurance policy is to cancel the direct debit with your bank. Most banks allow you to cancel direct debits online and so theoretically, cancelling your life insurance is a 2-minute job. Make sure that you are cancelling the...
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As I was boarding a recent flight with my husband, I had a sudden pang…if something happened to us, was I sure that the beneficiaries we had designated to receive our assets were up-to-date? Were our assets titled correctly, and had anything changed since the last time we reviewed them? Even financial advisors can have these nagging questions because things happen in life that can cause decisions we made in the past to change. Certainly, after any major life change, such as a marriage, divorce, birth of a child, or death of a spouse should cause you to review your beneficiary designations, but it’s a good practice to review them on a more regular basis too. Many of us have spent years...
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Buy Life Insurance Direct Do you want to buy life insurance direct online from a top-rated insurance company offering affordable rates and safe, secure protection for your family? When you buy life insurance online direct you save yourself time, the hassles of taking a physical, and waiting 6-8 weeks to get your life insurance policy. Benefits of Buying Direct Life Insurance: Start your life insurance today No Medical Exam, just some health questions Apply online in under 20 minutes 30 day Money-Back Guarantee Backed by MassMutual rated "A++" by AM Best Haven Life uses the information provided in your application to make an instant decision on your application. Healthy, qualified...
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Many of the agents we talk to aren’t ready to make this leap. No one has told them about the reality of direct marketing. As a result, their efforts are likely to fail. They often ask for advice on marketing tools and website design, but those steps come further in the process than most agents realize. At this stage, you shouldn’t be thinking about a website URL or how to find a good web designer. You have a lot of groundwork to lay first—in fact, your success depends on it. Here’s what Ryan Pinney has to say about becoming a direct marketer in today’s crowded marketplace – the considerations, the financial realities, and how long it may take before you see a profit. Step 1: Define Your...
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New India Assurance, the country’s biggest general insurance company, continued its dominant position with a market share of 14.06%, while in the private sector ICICI Lombard remained on the top with a market share of 8.52%. General insurance companies reported gross direct premium collection of Rs 1.70 lakh crore in the financial year 2018-19, an increase of 13% year-on-year. Growth in the non-life insurance sector was largely due to a surge in health insurance and crop insurance, say market participants. Among the 25 general insurer players, only two leading public sector insurers — National Insurance and United India Insurance — saw negative growth in their premiums in the previous...
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Windsor, Conn., and Arlington, Va. – July 27, 2011 – It has long been said that life insurance is a product that is sold, not bought. Yet a new study finds that Americans’ preferences for purchasing life insurance are shifting towards direct buying methods. While two thirds of consumers (64 percent) still prefer to buy life insurance from an insurance or financial professional, that number is down from 1996, when 8 in 10 (80 percent) preferred to buy the product face-to-face. Today, more than one in four adults (26 percent) prefer to purchase life insurance direct via the Internet, mail or over the phone. “Obviously, the Internet has fundamentally changed consumers’ buying practices over...
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Insuring with OnePath Our insurance capabilities Working in partnership with OnePath can help you protect more clients, in more markets. Based on your feedback, we’ve also developed a superior adviser experience every step of the way. We pay over $2.5 million in claims each business day. We approach every claim with a commitment to do whatever we can to process it as quickly, correctly and efficiently as possible. assigning each individual claim to a specialist claims assessor who will work with you, your client, and their family, from start to finish requesting as much information as we can upfront committing and delivering on our service standards upholding a personable and professional...
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Gerber Life Insurance will receive an Impact Award from the Novarica Insurance Technology Research Council, a peer community of hundreds of insurance industry CIOs. Fifty CIO council members reviewed dozens of case studies to select the winners for the 8th annual awards. Gerber Life developed a digital sales and underwriting system to support the direct-to-consumer channel. Custom built over four years, the system has supported 7-10% annual growth in its business, along with a 72% reduction in underwriting time and a 75% improvement in speed to market. “Gerber Life’s digital-optimized core system is a great example of the impact that technology investments are driving for insurers,” says...
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lifeinsurancedirect.com.au is questioning whether the current spike in premiums on life insurance offered by insurers to consumers via financial advisers amounts to price gouging. “We have received letters from a number of top insurers, some of them indicating premium price rises of up to 20 per cent,” said CEO, Russell Cain. “All of these insurers cite sustainability as the reason behind the price hike.” But Mr Cain said the price increases, which will make it more expensive for consumers to buy life insurance via advisers, comes at a time when large insurers are campaigning to slash commissions paid to advisers. “Logically, lower commissions should mean cheaper premiums for consumers,...
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