- The ABCs of Structured Annuities
These are for clients who want some downside protection, and some upside participation. Read more.
- Family Caregivers Are Getting Younger: Genworth
Challenges include stress, and depression. Read more.
- Respect, Trust and the Growing Senior Market
Your prospects need to understand why what you’re doing matters. Read more.
- What You Think About the Value of Life Is All Wrong
Researchers show why your clients like high-tech cures better than they like exercising and eating right. Read more.
- How to Help Retirees Pick the Right Life Insurance: Hidden Value
For something different: Here’s an article by a planner who thinks some clients should refrain from buying life insurance. Read more.
- Covering the Bases With Life Insurance and College Funding
For families that understand how FIUL works, it can be a great college funding tool. Read more.
- What Policymakers Don’t Get About Couples Who Retire Together
Sometimes, economists point out, husbands and wives have different needs and ideas. Read more.
- 4 Ways Wellness Can Cost Annuity Clients a Fortune
People who control their health risks need to plan for extra years of life. Read more.
- Making Sense of Long-Term Care Planning
If you’re new to this, here’s a place to start. Read more.
- Top 10 Most Puzzling Financial Terms for Americans
It may be shocking that only 16% of Americans have a high level of financial literacy. Read more.
- Sorry, No Room for Your Mom
There’s one little problem with your clients’ LTC plans: LTC services providers are in decline. Read more.
- 529 Plans vs. Roth IRAs: Which Is Better for College Savings?
Mark Kantrowitz, publisher of Savingforcollege.com, explains the differences, but in most cases the winner is clear. Read more.
- New Tax Deduction Might Favor Life Agents Over Retirement Advisors
The IRS is definitely leaning toward lumping actuaries together with actors, doctors and other fancy professionals. Read more.
How to Sell More by Finding What Your Clients Need
The worst obstacle to closing sales is that people think they’re broke. Read more.
May is Disability Insurance Awareness Month, and it’s no secret that Americans could use some education about this coverage and how not having any can have severe consequences in the event of a significant non-work injury or illness.
Employees who choose not to enroll in nonmedical benefits, like disability insurance, often say they don’t need the coverage. In fact, more than one in four 20-year-olds will experience a disability for 90 days or more before they reach 67, according to the Social Security Administration.
Almost 6 in 10 workers who opt out of disability insurance claim they don’t need the coverage or that it isn’t worth the cost, according to LIMRA data, but 75% of employees say they would have trouble paying for basic living expenses after several months if they became disabled and were unable to work.
CHATTANOOGA, Tenn.–(BUSINESS WIRE)– A 10-year review of disability claims shows the effects of an aging workforce, medical advances and the power of early intervention, according to data from Unum (NYSE: UNM), a leading provider of disability benefits. Unum tracks reasons behind workplace absence in its disability data and shares results each May during Disability Insurance Awareness Month.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180503006409/en/
Key findings include:
- Short and long term disability claims for joint disorders and musculoskeletal issues have increased significantly.
- Cancer has stayed the No. 1 reason for long term disability claims, representing 17 percent of claims.
- Pregnancy continues to top the list of short term disability claims, at 28 percent.
- Long term disability claims for complicated pregnancies have decreased 47 percent.
- The percentage of Unum’s short term disability behavioral health claims that transition to long term is down 15 percent, the result of a dedicated behavioral health program implemented at Unum.