Estate Planning and Millennials Between student loans and millennials often delaying getting married, buying first homes and having children, your first reaction may be that "estate planning" and "millennials" don’t belong in the same sentence. Yet, all millennials are now legal adults and need the basic documents that all adults should have. Millennials with children, pets, student loan debt, and certain assets and goals often require additional planning. Millennials Need a Durable Power of Attorney and Patient Advocate Designation and Living Will Legal adults, no matter how young, need a Durable Power of Attorney and a Patient Advocate Designation and Living Will. A Durable Power of...
Continue reading...
The average British adult spends 34 minutes carrying out life admin, like dealing with money and filling out forms for insurance. Add to that another 37 minutes a day running errands, such as popping to the shops or dropping children at school. That means most adults clock up 71 minutes a day away from work, jobs around the home or just chilling out, says a survey by insurance company Admiral. The research calculates that the average Brit spends 13 days a year on admin – which can make up to more than a year of their adult working life. Most people consider this admin takes too much time, especially as technology can speed up many routine tasks. Impact on health and sleep The firm...
Continue reading...
Life Insurance Policy Administration Systems Market Plying for Significant Growth During 2026 According to a recent market report published by Persistence Market research titled, “Life insurance policy administration system Market-Global Industry Analysis 2013–2017 and Forecast 2018–2026,” the life insurance policy administration system market was valued at US$ 4,482.0 Mn in 2017, and is expected to register a CAGR of 12.0% from 2018 to 2026. The need to remain up-to-date and its feature to maximize the ability to respond to changes in the business are among the major factors driving the life insurance policy administration system market. A life insurance policy administration system is a...
Continue reading...
7 common mistakes to avoid when naming your beneficiaries WASHINGTON — 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 advisers 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, you should review your beneficiary designations. But it’s a good practice to review them...
Continue reading...
Brooke's Campaign PSA for Nonprofit Life Happens Reaches Over 60 Million People ARLINGTON, Va., Sept. 9, 2019 /PRNewswire/ -- Life Happens, a nonprofit dedicated to educating consumers about the importance of life insurance and other related products for sound financial planning, kicks off its 16 annual Life Insurance Awareness Month (LIAM) campaign with actress, model, designer, and mother Brooke Shields to help educate and remind Americans about the importance of life insurance. Through the partnership with Life Happens, Brooke is featured in a national TV and radio public service announcement sharing her perspective on leaving a legacy for her daughters and the power in protecting our...
Continue reading...
Life Insurance Policies For Adults Over 75 Life Insurance Policies For Adults Over 75 If you're over the age of 75, the opportunity to purchase life insurance has not passed. While it may be difficult to get a traditional, fully underwritten policy at this age, you may be able to find a guaranteed issue plan. Below, we examine life insurance options ideal for seniors. Finding a Life Insurance Policy That Works for You There are several types of policies you'll come across as you shop. What you plan to use your life insurance policy for will help determine which type of life insurance policy you should buy. Many older adults are looking for options to pay off debt that has accumulated later...
Continue reading...
We’re all faced with the prospect of taking out life insurance eventually, and we are advised to get it by everyone that knows anything about finances, but why is it so important? Here, we list the top six benefits of life insurance and why you should consider taking out a policy as early in adult life as possible. Benefits of life insurance The benefits of life insurance mainly revolve around your finances and ensuring your loved ones are protected in the event of your passing. 1. Helps deal with loss of earnings and provides financial security When you pass away, your life insurance policy will pay out a lump sum of money to your loved ones. The amount paid out and who receives it...
Continue reading...
USMS members can save up to 41% on life insurance with official partner Health IQ CJ Wanamaker didn't have many ambitions when he jumped back into the pool a little over a year ago. Now, he's healthier and "faster than ever," training to break a 50 freestyle record. The 37-year-old learned how to swim at age 9 and competed through high school but didn't swim much again until joining a Masters club at 25. But then he fell out of practice and dabbled with other recreational sports. After he suffered a shoulder injury, his fiancée, Cari, encouraged him to get back in the water. "My fiancée is more into me going to the pool than I am sometimes," says Wanamaker, an unattached...
Continue reading...
Program spotlight: How a career in Actuarial Mathematics can help you build your future What is Geneva College’s Bachelor of Science in Actuarial Mathematics? It’s a Christ-centered program designed to challenge you academically and spiritually while giving you the tools you need to explore the world through math. That’s the short answer. For details on how this program can help you chart a brighter future, read on. The term actuarial science relates to the use of math and probability within the scope of business functions. In short, students who study this science learn how to assess risks through math. There are many ways this skill can work for you, including working in...
Continue reading...
Dan Weedin: Clear a path for the unexpected Have you ever found yourself moving something large, like furniture or boxes, and subsequently tripping over an object on the floor, causing breakage, frustration, and maybe even injury? It’s likely a common occurrence for people. Instead of assuming a clear path prior to moving that large object, we charge forward and create the opportunity for calamity. September is National Preparedness Month. It’s time for all of us to take stock of our readiness and preparedness fitness level. Just like moving the large object, we all too often charge ahead with life without regard to assuring that there are no perils in our path. We all know what we are...
Continue reading...
