Life Insurance You have different needs throughout the stages of your life Almost 90% of Americans believe that life insurance is essential, but only 60% say that they own a policy. Additionally, 50% of American heads of households said they need more life insurance. These findings and others from LIMRA, indicate that many people are concerned about life insurance. It’s clear that people want to protect the lifestyle and future of their loved ones should they pass on prematurely, but many say they don’t know how much life insurance they should have or what kind to buy. There are different types of life insurance coverage you can purchase. Not everyone has the same needs and resources, and...
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There are a number of life insurance products out in the market, and you may be overwhelmed with the options available to you. More importantly, there may be a number of them that seem foreign to you. Just remember, while the intricacies of each life insurance product or policy may be different, the basic purpose of life insurance is all the same. Life insurance was designed to leave a lump sum of money behind when you die. Life insurance premiums are based on a number of factors and we'll clue you in on six of them: One of the critical elements in determining what life insurance product you choose—and even what products are available to you—is your age. The younger you are, generally the...
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Remember when Financial Services Council (FSC) members expressed their commitment to ensure that frontline healthcare workers are not prevented from obtaining life insurance coverage due to their coronavirus exposure? Now life insurers can make good on that pledge without a hitch, as the Australian Competition & Consumer Commission (ACCC) has granted interim authorisation. “This is a stressful time for everyone, but especially those working at the frontline of our response to the COVID-19 pandemic,” noted ACCC chair Rod Sims. “It’s sadly understandable that such workers may consider life insurance coverage at this time. “I strongly encourage everyone...
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FUKOKU MUTUAL LIFE INSURANCE Co Buys Vanguard High Dividend Yield Index Fund, McDonald's Corp, Albemarle Corp, Sells Alphabet Inc, PowerShares QQQ Trust Ser 1, iShares PHLX SOX Semiconductor Sector Index Fund Tokyo, M0, based Investment company FUKOKU MUTUAL LIFE INSURANCE Co ( Current Portfolio ) buys Vanguard High Dividend Yield Index Fund, McDonald's Corp, Albemarle Corp, Vanguard Russell 2000 Index Fund, iShares Core S&P 500 ETF, sells Alphabet Inc, PowerShares QQQ Trust Ser 1, iShares PHLX SOX Semiconductor Sector Index Fund, S&P Global Inc, Starbucks Corp during the 3-months ended 2019Q3, according to the most recent filings of the investment company, FUKOKU MUTUAL LIFE...
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Get Life Insurance Online Before the advent of the Internet, getting a life insurance policy would have meant getting in contact with a sales person of a particular life insurance company, schedule an appointment, gather information from him, collect the forms, fill them and return it to them. All this meant a lot of hassles and more importantly it took up a lot of your time. It was the same if you chose an agent over a sales person of a life insurance company. Life Insurance Companies are on the Internet Internet had already made its entry in the mid-nineties but the life insurance companies were not too sure about going online. But as the framework for Internet assurance became more...
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Insurance More Canadians have life insurance coverage than ever before, according to the most recent Canadian Life Insurance Ownership Study—Household Trends Report from LIMRA, a research organization focussing on the insurance, retirement and financial services industries. According to the report, which monitors long-term patterns in life insurance ownership, adequacy of coverage and consumers’ attitudes about life insurance, the number of Canadian households with life insurance has grown to 12.6 million – an increase of 3.4 million over the past six years. This is encouraging news considering insurance is not the most popular topic discussed among experts in the personal finance...
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More and more people are immersed in the digital world. According to data from the 2019 Digital Report by We Are Social and Hootsuite, in North America Internet penetration is 95% of the population; in Europe, approximately 90%; and in Latin America, 73%. This implies that we are getting used to greater process speed, agility and flexibility, since we have everything available immediately and within our reach. With the aim of conferring these characteristics to the world of insurance and saving on paperwork, the Swiss startup Vlot offers an online life insurance platform where the user can analyse their situation and purchase the appropriate service with a click, which also represents a...
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Today, an increasing number of women in India are living an empowered life. Besides taking on the responsibility of managing the household, many of them have stepped out to make a career and become financially independent to contribute to the family expenses. Gone are the days when the man of the house was the sole breadwinner. As a result, financial planning has also now become a responsibility of the self-empowered ‘woman of the house’ who can now contribute to secure the financial future of the family. Last week I attended a session addressed by Mr. Aalok Bhan, Chief Marketing Officer, Max life Insurance on the importance of life insurance plan to secure us and our loved ones against...
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This photo was taken of my son Andrew when he was two years old. We had a family friend, who is also a talented photographer, come to our house to take these photos of our family. Because this was the day before my son was going to start chemotherapy for a cancer that he developed at 18 months of age. And my wife and I wanted photos of our son “before” chemo. Six years later, our son is doing amazingly well. He is thriving and we are beyond grateful. But, because of his illness, he will (most likely) never be able to have a Life Insurance policy as an adult to help protect his loved ones. As an insurance agent, I wish I had of properly protected him with the gift of a Life...
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Life insurance is an essential part of any financial program. A variety of policies and limits can be used to pay off a mortgage, cover future education expenses, fund a business buy-sell agreement and more. The type of policy and limits you need will depend on your financial goals. Many financial planners consider Life Insurance to be the cornerstone of sound financial planning. Liveoak Agency, Inc. can help match your financial goals with the right type and amount of life insurance at a price that works for you. Generally speaking, life insurance works like other insurance policies. The insured pays an agreed upon premium, and the insurer makes a payout based on the terms set in the...
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