Life insurance can pay for final expenses and provide financial security for loved ones left behind, but a new national survey from Erie Insurance shows many people are confused about it. Large percentages of respondents were unsure how various occupations and health conditions might affect who can or can’t get life insurance, and many significantly… Continue reading National Survey Reveals Top Reasons People Do & Don’t Buy Life Insurance
Tag: life policy
North America Life Insurers Embrace Predictive Analytics to Elevate their Business
North America’s life insurance industry will increase its investment in predictive analytics capabilities over the coming years, according to Willis Towers Watson, a leading global advisory, broking and solutions company. Findings from the company’s Life Predictive Analytics Survey show that life insurers recognize they need to invest in predictive analytics to address earnings and profitability… Continue reading North America Life Insurers Embrace Predictive Analytics to Elevate their Business
The Impact of Low Interest Rates, Aging Population on Universal Life Insurance
A popular insurance product of the 1980s and 1990s has come back to bite many older Americans. Universal life was a sensation when it premiered, and for some years it worked as advertised. It included both insurance and a savings account that earns income to help pay future costs and keep the premium the same.… Continue reading The Impact of Low Interest Rates, Aging Population on Universal Life Insurance