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Benefits of Using an IRA to Fund LTC Insurance
It has long been true that utilizing IRA’s to fund specific financial planning objectives is a popular strategy. However, you may not be aware that you can do a lump sum transfer from an IRA to fund an LTC contract, […]
Emphasize the Tax Implications of Self Funding LTC
Undoubtedly, there are clients with enough assets to pay for care should they need it later in life. That said, this may be one of those instances where just because you can, doesn’t mean you should. Simply transferring this risk […]
Try SPWL for Inheritable Assets
Many seniors have set aside a portion of their assets for safe keeping with the sole intention of leaving it to their loved ones ( children, grandchildren, etc.). We are suggesting that you consider SPWL. It is underwritten by a […]
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- Burial Insurance Market Trends, Segmentation, and Regional Insights | Datapoint, AIG, The Colonial Penn Life Insurance Company, Aflacby INNFeed on September 18, 2024 at 8:01 pm
Overview of the Burial Insurance Market. With the rising costs of funerals, which can range from $7,000 to $12,000 or more in certain areas, burial insurance provides an affordable means for people to relieve their families of the financial burden when they pass away. Premiums for burial insurance are generally lower, but the death benefit is also smaller,... The post Burial Insurance Market Trends, Segmentation, and Regional Insights | Datapoint, AIG, The Colonial Penn Life Insurance Company, Aflac appeared first on Insurance News | InsuranceNewsNet.
- Gen Z feels ‘overwhelmed’ and ‘anxious’ about insuranceby Susan Rupe on September 18, 2024 at 10:00 am
Generation Z is the newest generation to reach adulthood and the thought of dealing with insurance makes them overwhelmed and anxious. The post Gen Z feels ‘overwhelmed’ and ‘anxious’ about insurance appeared first on Insurance News | InsuranceNewsNet.
- Munich Re North America Life Launches Longevity Reinsurance Solution to US and Canada Marketsby INNFeed on September 18, 2024 at 5:59 am
With the increased reserve and capital requirements for longevity risks, and further changes coming in the US, insurers and asset reinsurers can leverage Munich Re's strong balance sheet and deep mortality expertise. "We believe there is significant, untapped demand for longevity reinsurance in the US and Canada markets and we are well positioned to meet it,"... The post Munich Re North America Life Launches Longevity Reinsurance Solution to US and Canada Markets appeared first on Insurance News | InsuranceNewsNet.
- Best’s Market Segment Report: AM Best Maintains Stable Outlook on China’s Non-Life Insurance Segmentby INNFeed on September 17, 2024 at 11:30 pm
The Best’ s Market Segment Report,“ Market Segment Outlook: China Non-Life Insurance,” notes that the segment’ s solvency ratios under China Risk-Oriented Solvency System stabilised in 2023 and through the first half of 2024, following a decline in 2022. “China’ s rapidly aging population is driving significant demand for insurance, and these products have gained... The post Best’s Market Segment Report: AM Best Maintains Stable Outlook on China’s Non-Life Insurance Segment appeared first on Insurance News | InsuranceNewsNet.
- Global Atlantic Announces New Leadership for Individual Markets Businessby INNFeed on September 17, 2024 at 2:00 pm
Global Atlantic Financial Group, a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, today announced that Chief Operations Officer Emily LeMay and Chief Distribution Officer Jason Bickler have been appointed Co-Heads, Individual Markets, effective immediately. Ms. LeMay and Mr. Bickler will... The post Global Atlantic Announces New Leadership for Individual Markets Business appeared first on Insurance News | InsuranceNewsNet.
