Life insurance is less complex than it can seem at first glance. At base, it is an insurance policy that pays out an agreed cash lump sum to your nominated beneficiaries when you die. This could be used for any number of reasons: to help cover outstanding mortgage payments, to leave a financial legacy or to pay towards funeral arrangements or credit card payments. But the details can seem daunting when you start digging around for quotes. So we’re demystifying the process. Here’s what to expect when buying life insurance . Choosing your type of life insurance There are broadly two types of life insurance: term life and whole life. Term life policies cover you for a specific...
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FAST to replace Kansas City Life’s legacy platforms with simplified product configuration and conversion approach Kansas City Life Insurance Company selects FAST software to replace legacy platforms. (Credit: StartupStockPhotos from Pixabay) FAST, a Verisk (Nasdaq:VRSK) business, announced that Kansas City Life Insurance Company has licensed FAST software to replace its legacy platforms, streamline administration of its existing business, and enable the development of a new digital ecosystem for the future. Kansas City Life plans to use FAST’s software to replace its platforms for new business, policy administration, billing, claims, and distribution management. This replacement will...
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Do you love working in sales and customer service but lack challenge in your current role? Are you looking for an exciting new role that offers excellent earning potential? If you are self-motivated and highly driven the rewards on offer with Aminsured are fantastic! Due to continued business success and growth, we now looking to recruit a Life Insurance Advisor to join our team at our Portsmouth office. Joining our friendly team as a Life Insurance Advisor, your new role will involve to speaking with clients who have requested a quote online. Using your skills and knowledge, you will recommend a policy that suits their needs and budget. As you will be the client's advisor, you will need to...
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The Funeral Directors Association recently announced its support of Consumer NZ’s call to review funeral insurance policies and sales practices, with president Gary Taylor saying it was important for customers to know exactly what they were getting in return for their premium. Taylor noted that the difference between policy value and premium paid can be “substantial,” and says those considering funeral insurance need to be fully aware of all their options, as there are often better ones to be found outside of the insurance market. “There are more options than just the funeral insurance plans sold online or over the phone,” Taylor said. “We recommend a...
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How credit insurance can cover your debt If you are being retrenched or forced to take unpaid leave due to the Covid-19 coronavirus lockdown, you may be able to claim from your credit insurance policy. Many people, especially those with short-term debt and store cards, may have credit insurance without even being aware of it. This insurance covers your debt repayments if you are retrenched or experience a loss of income, and if you are disabled or die. Some credit insurance policies have a “loss of income” provision, which comes into effect if your employer has forced you to take unpaid leave or is unable to pay you due to the lockdown. These policies also cover you if you...
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Where good people build rewarding careers. Think that working in the insurance field can’t be exciting, rewarding and challenging? Think again. You’ll help us reinvent protection and retirement to improve customers’ lives. We’ll help you make an impact with our training and mentoring offerings. Here, you’ll have the opportunity to expand and apply your skills in ways you never thought possible. And you’ll have fun doing it. Join a company of individuals with hopes, plans and passions, all using and developing our talents for good, at work and in life. Allstate is recruiting a Full-Stack Software Developer to join our Engineering team in Northbrook, IL. Our common goal is to build digital...
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Job Title: Life Insurance Sales Executive Job Salary: £25,250 plus uncapped commission, OTE £50,000 (Top performer last year hit £75,000) Job Hours: Monday to Friday (37.5 hrs per week), early finish every Friday! WORK FROM HOME! NO COLD CALLING! GENEROUS BASIC SALARY! Looking for a new challenge in the Life Insurance Sales Industry? Do you have Life Insurance Sales and closing experience? Would you like to work from the comfort of your own home permanently whilst converting inbound leads for Life Insurance Sales whilst making massive amounts commission as well as a generous basic salary? An uncapped and unrivalled commission structure with the average agent earning £50,...
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Position: Life Insurance Agents - LIFE INSURANCE LICENSED REQ'D (Sandy,UT) Are you an individual with a strong desire to succeed in the business world and help families at the same time? We have a wide range of mortgage protection, life, and annuity products from a number of different insurance carriers, and an abundance of self-generated leads for our sales agents to help them reach their greatest potential. The Alliance is a great opportunity to earn a serious income in both upfront commissions as well as back-end residuals. Whether your career ambitions are to run your own business, or you want to be in the field serving customers, NAA offers a chance to make the kind of money you...
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HSBC to buy out life insurance joint venture partner in China FILE PHOTO: A logo of HSBC is displayed at a tram station outside its headquarters building in Hong Kong, China February 21, 2017. REUT HONG KONG (Reuters) - HSBC Holdings PLC said on Monday its insurance unit had agreed to acquire its China life insurance venture partner's 50% stake to own fully the company under the new rules on foreign ownership that came into effect in January. The move will allow London-headquartered HSBC, which gets the bulk of its revenue from Asia, to further expand its footprint in the world's second-largest economy, where it has deployed billions of dollars as part its Asia "pivot" strategy. Financial...
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KUALA LUMPUR: The Life Insurance Association of Malaysia (LIAM) and its member companies are taking proactive steps in providing additional relief measures for policyholders affected by the economic slowdown due to the Covid-19 pandemic. The following additional benefits are a few examples of relief measures taken by insurers: i. RM5,000 Cash Relief for customers who are diagnosed with Covid-19 ii. Cash benefits/allowance for hospitalisation (for example up to RM250 per day up to 30 days of hospitalisation) iii. Special lump-sum death benefits (ranging from RM5,000-RM20,000 upon death of the insured) iv. Four insurance companies pledge RM1 million each as part of their financial assistance/...
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