Lack of Knowledge and Confidence Deter Women from Purchasing Life Insurance

10 Mar

To get a better understanding about why some women were reluctant to purchase life insurance coverage and their perceptions about the process and the industry, LIMRA conducted a qualitative study in February 2022, speaking to women about their financial priorities, their perceived barriers to purchasing life insurance, and how the industry can adjust to better serve them. More>>

Why I’m Buying More Life Insurance in 2022

7 Mar

Life insurance is a vital type of insurance protection that’s important for everyone to have if loved ones depend on their income or the services they provide.

My husband and I each bought life insurance when we got married years ago in order to protect each other financially in case something happened to either one of us. But, in 2022, I intend to buy more life insurance coverage than the amount I’ve had for a decade. Here’s why I’m planning to increase the death benefit on my term life insurance policy. More>>

25 Of the Scariest Bridges in the World

4 Mar

Bridges are truly marvels of human intelligence. For centuries, people have been improving on these structures that have the ability to speed up transportation and link us to places that would otherwise be difficult to reach. But some bridges are downright terrifying.

The debilitating fear of crossing a bridge is known as gephyrophobia, but most people have had that feeling of their knees getting weak when crossing one. We’ve found some of the scariest bridges in the world that are sure to make even the bravest travelers think twice before using them. More>>

Employment, Life Insurance and Your Client’s Legacy

2 Mar

As the saying goes, family isn’t just an important thing, it’s everything.

During a time when the COVID-19 pandemic has wrapped its arms around families worldwide for nearly two years, the insurance industry has seen immediate and extended family units make strides to care for and protect loved ones in unprecedented forms.

There’s been a collective shift in priorities, habits, and the perception of life insurance as an afterthought for many. Life insurance agents, brokers, and consultants can ride this changing perception to help their clients. More>>

What Does Your Love Language Say About Your Finances?

28 Feb

Did you know that how you prefer to receive love can reveal a lot about how you view your finances? According to the recent survey “For Love and Money” by Life Happens, each of the five love languages has a corresponding style of showing love financially.

So, which of the five love languages are you? Look below and pick the answer that fits best. (Don’t overthink it, just go with your gut!) More>>

How to Stop Spam Texts on an iPhone or Android

25 Feb

Pretty much all of us are used to robocalls, info-marketers, and spam in our emails—and now scammers are targeting another form of communication: text messages. According to NPR, more than 47 billion spam texts were sent in 2021, a 55% increase from the year before. Don’t worry about hiding the messages, because there is a way to get rid of them for good. Here’s how to stop spam texts and everything else you need to know about protecting yourself from phone spammers. More>>

LIMRA: Significant Life Insurance Coverage Gap Remains in Black American Community

23 Feb

Black Americans recognize the important role life insurance plays in protecting their loved ones. According to the 2021 Insurance Barometer study, conducted by LIMRA and Life Happens, 56% of Black Americans own life insurance, which is higher than the national average (52%). Yet 46% of Black Americans — representing 20 million adults — say they need (or need more) life insurance coverage, which indicates a substantial coverage gap in the Black American community. More>>

2021’s Most Caring American Cities

18 Feb

Last year, pandemic-fatigued Americans opened up their wallets and their hearts to the needs of their fellow man, but where they lived determined the degree to which they showed they cared.

In fact, some cities were significantly more generous than others, according to a 2021 study by WalletHub, the personal finance website. In order to determine the most caring cities in America, WalletHub compared the 100 most populated cities using 39 relevant metrics, and calculating each city’s weighted average to determine its overall score and rank. More>>