As most life partners will attest, when you get married (which an estimated 2.6 million partners did in 2022, according to the wedding planning website The Knot), you start making decisions together that you used to do on your own. From jointly deciding on what home to buy, to sharing fiscal responsibility, to even launching…
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Tag: Life Insurance
Executive Bonus Life Insurance: What It Is and How It Works
Executive bonus life insurance can serve as a key retention and recruitment tool for the all-important employees in your business.
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Is life insurance the secret to financial security?
More Americans are struggling financially, but life insurance owners attest to feeling more secure than those who don’t have coverage.
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Will renewed interest in life insurance buying continue in 2022
For insurance agents and wealth planning professionals, the past two years have been a period they will never forget. Largely in response to the COVID-19 pandemic, life insurance policies sales and similar products have soared. Annuity sales in 2021 reached nearly $255 billion, (a 16% jump from the previous year), employer-based life insurance purchases topped…
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Should your clients consider multiple life insurance policies?
The COVID pandemic changed the way that Americans think about both money and life insurance. According to a 2021 LIMRA study, 31 percent of respondents said that the pandemic has increased their likelihood of buying life insurance. The study further found that the concern surrounding life insurance coverage grew faster than other financial concerns over…
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Three Reasons Businesses Need Key-Person Insurance
Here are three reasons your business-owning clients need to consider key-person insurance.
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Mind the Gap: Why Your Coverage May Be Short of What’s Necessary
Many Americans may not have the safety net they think they do.
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How COVID Has Reshaped Views of Life Insurance
When it comes to coverage, close to one-third of people in the U.S. say the coronavirus has made it more likely they will obtain a life insurance policy
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7702: A Number to Know About Now More Than Ever
We’ll explain what Section 7702 says, what led to its creation and how new legislation may affect cash value life insurance policies moving forward.
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Colleges Coax Elite Coaches with Split-Dollar Life Insurance
Increasingly, elite college athletics programs are using split-dollar life insurance to recruit and retain coaches.
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