You insure your most valuable assets like your home, your ca,r and your life. Most people would agree that they’re worth protection; however, disability income (DI) insurance is something people tend to be less certain about. They are not sure if they really need it, or if it’s worth the cost. So, is it? There is no cut-and-dried answer, but there are some strong arguments to be made in favor of DI.
Guest contributor Travis Phillips, vice president, digital solutions at Crump Life Insurance Services.
It has been a long and winding road, but we are finally seeing digital disruption in the life insurance industry, allowing price and process to converge. The value of personal relationships, both those financial professionals have with their client and with distributors like a brokerage general agency, are key to determining the specific insurance needs of clients and navigating through the many available products to find the best solutions. A digital-first strategy is essential for financial professionals to take advantage of this disruption, but unlike some industries being transformed by technology, our industry will never be digital-only. At our organization, Crump Life Insurance Services, a leading national life insurance brokerage general agency, we want things to be simple. More>>
Chances are, if you live long enough, you will most likely experience a disability in your lifetime. That’s why disability insurance is so important. It provides a portion of your income if you’re unable to work. In fact, you can also call it income insurance. More>>
Life Happens and other groups are trying to remind consumers — and insurance agents, and retirement planners — that just about all positive financial decisions depend on a worker’s ability to earn a paycheck.
Life Happens is offering financial professionals and other campaign supporters access to a free package of education support materials, including flyers, brochures and social media-friendly graphics. More>>
What’s your most valuable asset? You may say your home, your retirement fund or even your car. Or perhaps you’d say family, friends or health. You wouldn’t be wrong. However, we often overlook one essential asset—you and your ability to earn an income and take care of your family. Consider the following seven truths about protecting your income. More>>
In the next few months, a new class of medical students will graduate and enter into their residency or fellowship programs.
As they prepare for the beginning of their careers, many establish relationships with a financial advisor to protect the investment of time and money they have made in their education that should eventually reward them with long and lucrative careers.
One way you can help your medical resident clients solidify their financial plan is by offering income protection through individual disability insurance. More>>
Underwriting, premiums, contestability period—terms like these can make insurance words seem like a foreign language.
Fortunately, a good insurance professional can help you make sense of it all. So can the definitions below. We explained them in recognition of Financial Literacy Month. Read on to understand some commonly misunderstood insurance words. More>>