MassMutual extends LifeBridge program, offering free life insurance to healthcare workers across Massachusetts and Connecticut to recognize their heroic contributions during pandemic MassMutual launches HealthBridge programme for healthcare workers on the COVID-19 frontline (Credit: Business Wire.) Massachusetts Mutual Life Insurance Company (MassMutual) today announced the launch of MassMutual HealthBridge, which will provide free term life insurance to the brave and resilient frontline healthcare workers across Massachusetts and Connecticut risking their lives during the COVID-19 pandemic. MassMutual is committed to its Live Mutual belief that we are all in this together and is offering...
Continue reading...
This report presents a comprehensive COVID19 Impact analysis and forecast of the Non-Life-Insurance Platforms Market on a global level to help readers understand the market thoroughly. The drivers and restraints governing the dynamics of the Global Non-Life-Insurance Platforms Market along with their impact have been assessed in the report. This information is designed to help market players gain a clear idea about leading trends in the current market scenario. Various economic factors predicted to affect the demand and supply chain of the Global Non-Life-Insurance Platforms Market are also highlighted in this report. The report sheds light on the market shares of the leading manufacturers...
Continue reading...
The ease of applying for and obtaining life insurance products during the pandemic has improved in recent weeks — and the process may be easier now than ever. We know the insurance-buying community has a heightened interest in our products based on what we are seeing in the financial publications, LIMRA reports, as well as our call activity. We want to help agents like you direct your clients accordingly for their life insurance buying needs, by using the new accelerated underwriting (AU) processes. AU programs are expanding, not contracting — and these expansions are likely to be with us more than just short-term. We have seen AU programs double in face amount availability, with many...
Continue reading...
Telenor has also issued 1.5 million free life insurance to its enrolled users in October. The free life insurance scheme is a first of its kind initiative by Telenor India launched in September for its existing 47.78 million as well as potential customers across its six operating circles. With this initiative Telenor India has fully aligned itself with the government’s agenda of financial inclusion for the masses. Upanga Dutta, chief marketing officer, Telenor India said, “We have combined technology with financial security to market a product through our distribution channels. This reinforces our stand of bringing more value on every transaction.” Telenor is offering...
Continue reading...
Term life insurance is something anyone who has people financially depending on them needs. But now there are a couple of ways you can get at least some basic coverage in place for free. Meet Avibra — the startup that wants to give you free life insurance! An estimated 70 million people between the age of 18 and 38 are uninsured. So a new startup called Avibra wants to step in to fill that gap with an offer of free life insurance and more that you “earn” by having good health and wellness habits, in addition to solid life skills. The Avibra app, which will be available shortly for iOS and Android, has four key components: Free life insurance – Imagine earning $1,000 in...
Continue reading...
Analysis of the Purchasing Journey in the Critical Illness Insurance Market Over the Last 12 Months The attitudes, preferences, and behaviors of customers purchasing critical illness insurance in the past 12 months differed depending on factors including whether they purchased independently or with advice, what triggered them to purchase a policy, their top financial concerns, and product features sought. Providers must seek to understand customers in order to encourage them to purchase cover. A range of factors must be acknowledged within policy design, purchasing channels, and marketing strategies. This report explores the attitudes, behaviors, and preferences of customers who purchased a...
Continue reading...
AM Best Assigns Credit Ratings to Upstream Life Insurance Company AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of "bbb+" to Upstream Life Insurance Company (Upstream) (Dallas, TX). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Upstream's balance sheet strength, which AM Best categorizes as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). As a new company formation, AM Best requires a level of conservatism to be built into initial capital levels, and the very strong balance sheet assessment is based on Upstream's...
Continue reading...
A new research study has been presented by offering a comprehensive analysis on the Global Teenager Life Insurance Market where user can benefit from the complete market research report with all the required useful information about this market. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. The report discusses all major market aspects with expert opinion on current market status along with historic data. This...
Continue reading...
Health risks propel interest in insurance I was so scared. I didn’t expect such a major infectious disease to be so close to us. I was thinking about how to weather a similar crisis in the future without suffering financially. Yan Zhou, 36, a nurse in Hubei Province, said she considered private health insurance for the first time for her family, especially for her retired parents. The novel coronavirus pandemic has been a wake-up call for people to “hope for the best but prepare for the worst.” That sentiment is positive for the insurance sector. Yan Zhou, a 36-year-old nurse in Hubei Province, said she never dreamed she would find herself caring for coronavirus patients in isolation wards...
Continue reading...
With my family's insurance renewals coming up, I've spent the past couple of months checking out home and auto coverage from different companies. Interestingly enough, my research points out some myths about insurance that many folks may not know. For example: 1. With all the spring rains, flash floods, and not to forget Easter Sunday's devastating tornado, I can't help but think of consumers who mistakenly believe that homeowners' insurance covers any and all damage. Too many homeowners have taken a beating because they think they're protected from the teeming waters (and torn down homes). Remember: the only insurance that covers "floods" is FLOOD insurance. 2. Just because you've paid...
Continue reading...
