Category: Inside The Industry
What you need to know about the life insurance marketplace and products. My humble commentary on political, legal, and economic trends that affect the industry.
The “sandwich generation” is becoming increasingly wedged between two generations of dependents. Their children are staying home longer and postponing financial independence. At the same time, their elder parents are living longer and becoming financially dependent on them. Talk about…
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International Women’s Day celebrates the achievements of women for equality, and identifies any inequalities for future action. Here is one inequality that I think should be addressed pronto: life insurance ownership by women has not kept pace with men. Financial…
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An ad that was aired during the Olympics has provoked much debate about what it means to be successful. The ad in question is for the new Cadillac ELR electric car: How it was received The editors at the Huffington…
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The Oscars represent big money: big salaries, big movie revenue, big prizes. Winners can boost their earnings by 20%. Losers took home a “Swag bag” worth $80,000 (includes pet supplies and a walking tour of Japan). Nominee Jonah Hill stands…
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Is is possible to have nothing in life to celebrate? If your definition of celebration is to throw a party, then yes: there are occasions when it would be wrong to throw a party. These include funerals, hospitalizations, business failures,…
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Our legal system has a concept of age of majority. It is the age at which people are considered to be responsible for themselves: their persons, their actions, and their decisions. This concept is particularly applicable in the financial world.…
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Celebrity status magnifies the problems we all can have. The tragic deaths of Phillip Seymour Hoffman, James Gandolfini, and Amy Winehouse illustrate the right ways – and the wrongs ways – in which people manage their estate. Tax specialist Robert…
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Americans are extremely demoralized. The current administration has divided the country according to political ideology, economic status, gender, race, sexual preference, and citizenship. Congress has lost the confidence of its constituents. People are crying out for solid leadership. Such a…
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The life insurance distribution system is rather interesting. Carriers work with master general agents, who work with general agents, who work with brokers and agents. Consumers will find these brokers and agents in various sales channels: Some will be on…
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On a day honoring the presidents of our great country, it would be appropriate to assess the record of the man currently in office. In particular we will consider the general impact of his policies on the life insurance marketplace. …
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