News
Flawed Social Security death data puts life insurance benefits at risk
6+ day, 2+ hour ago The Social Security Administration maintains the only federal database that insurers are required to periodically check for deaths. Issues with the database, however, have resulted in millions of families risking delayed or lost life insurance benefits. INN spoke with Dick…...
How life insurance can defy the 4% rule
1+ mon, 1+ week ago Retirement spending strategies are rarely one-size-fits-all. The well-known 4% withdrawal rule - suggesting retirees withdraw 4% of their savings in the first year and adjust for inflation " was designed to help ensure a 30-year retirement income. But for high net worth individuals, this…...
JAB Insurance Appoints Life Insurance Veteran as the Next CEO of Prosperity Life Group
2+ mon, 1+ week ago MIAMI & NEW YORK--(BUSINESS WIRE)-- JAB Insurance today announced that it has named Michael Ferik as Chief Executive Officer of Prosperity Life Group, effective October 15, 2025. He will succeed Nicholas von Moltke who served as CEO over the past six years…...
Losing faith in life insurance: Misunderstandings driving policy cancellations
2+ mon, 1+ week ago A growing number of Americans are walking away from their life insurance due to confusion and mistrust. Recent reports show a spike in policy cancellations across both term and whole life plans as consumers question the value of coverage they…...
Life Insurance Customer Satisfaction Varies Widely Based on Carrier and Distribution Channel, J.D. Power Finds
2+ mon, 1+ week ago Mutual of Omaha Ranks Highest in Individual Life Insurance Satisfaction J.D. Power 2025 U.S. Individual Life Insurance Study Following are some key findings of the 2025 studies: Mutual of Omaha ranks highest among individual life insurance providers, with a score of 707. State Farm (697) ranks…...
Surprise your clients – with life insurance!
2+ mon, 2+ week ago Sometimes it's best to play the surprise card. Surprise can be the first step not just in creating memorable moments but also in encouraging action. Corebridge Financial recently published research showing that many Americans are ready to be surprised by…...
Life insurance: The ultimate financial subscription
2+ mon, 3+ week ago In a world where consumers spend hundreds of dollars monthly on subscription services " from streaming platforms to meal kits " they understand recurring payments for ongoing value. Yet many consumers learn about life insurance from outdated frameworks that emphasize distant mortality…...
Life insurance can benefit you while you’re alive
3+ mon, 5+ day ago Life insurance is typically viewed as just a payout when you die. But this coverage can provide much more if you're willing to look past a few common misconceptions. A recent survey from Corebridge Financial found 47% of Americans with life…...
Why consumers under 40 are skipping life insurance
3+ mon, 6+ day ago WINDSOR, Conn. and PARIS, Sept.15, 2025The World Life Insurance Report 2026, conducted jointly by LIMRA and the Capgemini Research Institute, shows that even though 68% of adults under the age of 40 see life insurance as essential for a healthy financial future, current offerings…...
Is life insurance cheaper than coffee?
3+ mon, 1+ week ago Every September, Life Insurance Awareness Month reminds us to pause and reflect on one of the most important financial decisions families can make: protecting their future. Yet one persistent myth continues to hold younger adults back from getting the coverage…...