Thursday, October 24, 2013
The cost of doing business in the Guaranteed Universal Life (GUL) markets has risen as the interest rates have fallen. In 2009 the GUL market had increases up to 40%, 2010 increases up to 20%, 2011 up to 40%, 2012 up to 18% and year to date in 2013 ...
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Friday, October 11, 2013
New survey released earlier this month confirms that nothing has changed in 2 years. A survey in 2011 and this survey both have same results - 48% say that they don’t know who to trust for financial advice1.
The new survey also says that 46% say...
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Friday, October 4, 2013
Financial strength and claims-paying ability ratings of the insurer is one of the five factors of suitability. The obvious reason being that insurance is most simply defined as an agreement for the payment of a premium today in exchange for payment ...
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Thursday, September 26, 2013
Advisors/Trustees/Fiduciaries/Agents & Brokers have all struggled with the management life insurance. This is not surprising given the lack of standards for the prudent selection and proper management of life insurance as an asset. In response,...
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Thursday, September 19, 2013
In a recent article Laura Lutton, director of fund research at Morningstar Inc was interviewed by InvestmentNews and there are direct comparisons between what she says about using Morningstar for funds and how this also applies to Veralytic for life ...
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Thursday, September 5, 2013
Financial strength and claims-paying ability ratings of the insurer is one of the five factors of suitability. The obvious reason being that insurance is most simply defined as an agreement for the payment of a premium today in exchange for payment ...
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Friday, August 30, 2013
Labor Day is a day of rest to commemorate the many days of hard labor, particularly in the early decades of the Industrial Age before Fair Labor Laws and when hard-labor was really hard-labor. As such, we can think of no better time with Labor Day...
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Thursday, August 15, 2013
School is starting again, have you learned your lessons yet? Let us reflect back to what happened over the last school year. There was a curriculum change with Acturial Guideline 38, UPIA & TOLI got served up as food for thought by FSP, we took ...
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Thursday, August 1, 2013
Fitch Ratings says in a special report that “if interest rates stay low much beyond 2014, Fitch expects an increase in negative rating actions across the US life insurance sector based on weakened earnings profile and anticipated negative capital...
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Thursday, July 25, 2013
Policy holders accuse insurer in multi-district litigation of increasing its fees in violation of their life insurance policy agreements.
The largest cost in any insurance product is the cost of paying claims. Payments of claims are referred to as...
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