Whole Life Gets More Shopper Attention
The holders can get cash out of either a whole life policy or a universal life policy by selling the policy, withdrawing assets or borrowing against the cash value. MIB: MIB is a Braintree,...
Author: awbfinancial4
Washington Commissioner Wants Insurers to Modify Claims Process for Wildfire Victims
Article 0 Comments Washington Insurance Commissioner Mike Kreidler on Wednesday sent a letter to insurers urging them to consider loosening personal property claim filing requirements for victims of last summer’s Spokane County wildfires. Insurance...
Multi-Year Guaranteed Annuity Sales Get Back on the Rocket
U.S. life insurers refilled their tanks of multi-year guaranteed annuity capital in the fourth quarter of 2023. Life insurers let sales of the products rocket up to $53 billion in the quarter, up 48%...
FSI Asks Court to Strike Down DOL Independent Contractor Rule
The Financial Services Institute and its coalition partners filed an amended complaint Tuesday against the Labor Department’s new independent contrator rule, which asks the court to declare the 2024 rule invalid, prohibit its implementation and...
Lloyd’s Hits 35% Female Leadership Target, Says it Has a ‘Way to Go’
Article 0 Comments Lloyd’s of London has hit a short-term target of filling 35% of leadership roles with women, although less than half of firms in the commercial insurance market had hit the mark,...
Ontario Financial Services Regulator Encourages Consumers To Verify Credentials With New Online Tool
Financial Services Regulatory Authority of Ontario (FSRA) launches Check Credentials Tool Toronto, ON (Mar. 1, 2024 – Ontario’s financial services regulator (FSRA) is launching an education campaign encouraging all consumers to check the credentials...
CAA Survey Reveals Troubling Lack of Travel Insurance Preparedness
CAA launches first ever Travel Wise Week to address urgent concerns Thornhill, ON (Feb. 26, 2024) – A recent member survey conducted by CAA South Central Ontario (CAA SCO) has unveiled concerning statistics regarding...
Got questions about critical illness insurance?
CLHIA’s latest consumer guide has answers to help Toronto, ON (Feb. 22, 2024) – A brand new guide from the Canadian Life and Health Insurance Association (CLHIA) is helping Canadian consumers better understand the...
New savings opportunities as Canadians say they are more financially responsible today than a year ago
belairdirect survey reveals 41 per cent of Canadians feel they are financially savvy and 65 per cent want to eliminate non-essential purchases Toronto, ON (Feb. 22, 2024) – Canadians are looking for savings anywhere...
What Many Advisors Overlook in Boosting Clients’ Financial Security
Clark and Mitchell find that policies and interventions aimed at increasing the financial resilience of lower- and middle-income households can help them better respond to unanticipated income needs. They also seek to determine the...