Kansas City Life Insurance Company general agent celebrates 50 years Gary Chaney, CLU?, was honored for 50 years of loyal service to Kansas City Life Insurance Company this month. Chaney is the general agent of the Chaney Agency in Fayetteville, Ark., selling financial and life insurance products through Kansas City Life. Chaney joined Kansas City Life?s Hall of Fame for $100 million of life insurance in force in 1999. He is a 28-time qualifier for Kansas City Life?s President?s Club and an 11-time qualifier for the Company?s elite Top Hatters Conference. His agency won the Company?s most prestigious award, the Agency Building Award (ABA), in 1976, and the ABA Honorable Mention in 1979. His...
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NEW YORK, Sept. 24, 2020 /PRNewswire/ -- Important research today from Haven Life reveals that Black individuals are far more underinsured than white individuals. Haven Life, a customer-centric life insurance agency backed and wholly owned by Massachusetts Mutual Life Insurance Company (MassMutual), conducted this national survey during Life Insurance Awareness Month to better understand how Black and white individuals view life insurance, and what (if any) impact that might have on the racial wealth gap. The key insight from the survey shows that while Black respondents are more likely to have life insurance, their coverage amounts are strikingly lower than what is recommended to...
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Life Insurance Should be Part of a Healthy Lifestyle Taking good care of your health has never been this important. You don’t have to work as hard as the rugby players you watch, but you should still be exercising regularly, watching your diet, and following the recommendations of your local health officials. However, maintaining a healthy lifestyle is no reason to skip on getting life insurance. In fact, there are many reasons why a healthy lifestyle should include a reasonable life insurance policy. If you haven’t given the topic much thought, keep reading. Let’s take a look into why even the healthiest rugby fan should still stay on top of their life insurance. If you never shopped for...
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Selling Life Insurance in Times of Social Distancing – Technology Bridging the Gap Based on the corona experience, one thing is certain - digital transformation of every single industry has accelerated to a degree that “digital-first” became the default way we work and operate. Welcome to the world, where it will be increasingly difficult to do anything offline. Life insurance sales have stopped This fact became painfully obvious in life insurance. This segment was not booming in the past few years for various reasons, not least stagnant interest rates. Agents who had troubles getting a foot in the door at the best of times are now barred from most homes by imposed social distancing...
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SCOTTSDALE, Ariz., Sept. 14, 2020 /PRNewswire/ -- Sagicor Life Insurance Company (Sagicor) and Vida Life ™ (Vida) are pleased to announce that they have entered into a strategic partnership. Sagicor's products and industry-leading Accelewriting underwriting process combined with Vida's insights in creating a quality bi-lingual experience will allow both companies to provide a new, innovative life insurance purchasing experience. Together, they will provide individuals with the opportunity to purchase insurance products that will protect them, help them to grow, and allow them to give back to their communities. "This partnership supports Sagicor's continued commitment to innovative life...
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HONG KONG and SHANGHAI, Sept. 14, 2020 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter " Ping An " or the "Group", HKEX: 2318; SSE: 601318) announced that its life insurance arm, Ping An Life, is driving business in four key areas: its growth model, marketing, product strategy and channel integration. During the 2020 interim results conference, Lu Min, Chief Insurance Business Officer of Ping An, said, "Despite the unprecedented challenges and the industry's inertia to sweeping changes, we are confident that this reform will pave the way for Ping An Life's further development in the next decade." Ping An Life's Reform Will Set It Apart The previous round of...
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This content is sponsored by MOAA Insurance Plans, administered by Mercer Consumer. Just like most health practitioners recommend you get an annual exam to make sure you’re staying healthy, most financial experts suggest you annually review your life insurance needs to make sure you’re adequately prepared for the future. Now — while September is Life Insurance Awareness Month — is a good time to do so. Some things to consider: Do You Have Enough? If you have loved ones who depend on you, then you need to consider the impact your death could have on them. If you don’t have life insurance yet, you should obtain enough insurance to adequately replace your...
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Frequently Asked Questions Life Insurance: Life General COVID-19: The Effect on Life Insurance The COVID-19 pandemic has challenged us in every aspect of our lives – our work, our finances and our personal relationships. We wear masks to protect each other and we wonder how our family would make ends meet if a working mom or dad didn’t survive a COVID-19 infection. You aren’t alone if this pandemic has made you think again about the importance of the financial security provided by life insurance. In a recent survey by Life Happens, 66% of respondents believe that COVID-19 helped them better understand the need and benefits of life insurance. And, 25% of respondents have bought life...
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As global health crisis Coronavirus spreads, some life insurance companies and agencies are seeing an uptick in applicants for life insurance coverage. It's not too late to sign up if you've been considering it. Nothing will change if you already have a policy. Largely, the same rules apply that always have: Shop around for a policy before choosing one, and make sure you're being truthful on the application or you might void your coverage. In a global health crisis, life insurance can be confusing. Will it still cover you if anything happens? And, is it too late to sign up? You're not the only one with life insurance on the brain. Advertisement Online life insurance agent Fabric has seen a...
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What New Parents Need to Know About Life Insurance 5 min read Raising kids isn’t easy. It isn't cheap, either. That's why new parents should learn about the financial protection offered by life insurance. How much does it cost to raise a child through age 17? About $285,000 with inflation factored in, according to the U.S. Department of Agriculture. That number could make you say, “You see! Kids are expensive. That’s why we haven’t bought life insurance.” Think about it this way: the right life insurance plan could cover you for $285,000 (or more) at a price you can afford. Here’s what new parents need to know about life insurance. Life Insurance Isn’t as Expensive as You Think It Is...
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