College students are usually focused on getting to class, maintaining good grades and graduating on time. Student life insurance policies are an issue that they’re unlikely to contemplate.
But there are some circumstances when a college student should weigh buying life insurance. It can provide an extra layer of financial protection for a surviving family. Consider these situations. More>>
Along with the glam and globetrotting that’s part of an influencer lifestyle, there are also serious business and financial matters to attend to—including obtaining insurance coverage for your business and your health, including life insurance. More>>
No one wants to run out of money in retirement. You’ll need to plan ahead if you’re hoping to have enough savings to live off into your 70s, 80s and even 90s. More>>
The past several years really opened the eyes of many consumers. The pandemic and post-pandemic reality forced many people to look hard at their current health situation and well-being, as well as thoughts of longevity and security. The need for and importance of being covered and protected has especially resonated with the millennial and Generation Z demographics. Now is a perfect time for financial professionals to connect with, educate and establish long-term relationships with younger clients. More>>
Life insurance may not seem like a priority right now, especially with competing financial concerns, such as saving for your first big purchases or paying off your student loans. But being a young adult means you’re entering a new stage of life. Here are a few reasons to consider purchasing life insurance now, depending on your personal situation. More>>
Not only is life insurance is far cheaper when you’re younger—it can also be a great way to accumulate wealth for retirement. Here are five reasons millennials really need to consider getting life insurance sooner rather than later. More>>
Consumer use of social media for financial purposes more than doubled in the last three years, to 53 percent. Today’s consumers use these applications more frequently for financial advice and multiple sites. In 2022, the average user visits almost three sites for the same purpose. Consequently, the definition of “family and friends” pertains to a broader network of consumers now, providing industry professionals with more access points for brand awareness and business development. More>>
Guest contributor Kelly Chatham, senior marketing specialist, at Crump Life Insurance Services.
Clients in the demographic group between the ages of 20 and 35 are beginning to enter the workforce, with many having completed college and attended graduate or post-graduate school. During these years, many clients are faced with debt such as student loans, rent or mortgage payments, transportation costs, and paying for travel and entertainment. Due to the various pulls on their incomes, many young professionals struggle to save for the future. Here are a few simple ideas about how to incorporate insurance products during this stage of life. More>>
If you have clients or prospects who cringe at the thought of discussing their life insurance needs, and instead want to talk only about putting together a bullet-proof financial plan, you may be interested in the findings from a new joint study by LIMRA and Life Happens. More>>
Consumers’ pandemic shopping lists went beyond baking flour and exercise equipment in 2020. They also bought more life insurance. Applications for life insurance policies jumped 4% in 2020 in the U.S., the highest year-over-year annual growth rate since 2001, when MIB Group Inc., a member-owned organization, began tracking activity. More>>