Author Archives: Ayo

Prices of LTCI Policies Show Nominal Increase

A couple in their 60s purchasing new long-term-care insurance coverage can expect to pay between six and nine percent more compared to a year ago, according to the annual industry analysis of prices by The American Association for Long-Term Care Insurance. “A typical couple where both spouses are age 60 will pay between $100 and $150 a month each for long-term ...

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Tech Use Rises to Meet Consumer Demands

A LIMRA study conducted with financial professionals finds that 92 percent agree that consumers expect faster responses to their questions than they did in the past. That’s not surprising, given the increase in the number of multichannel expectations that consumers have about companies they do business with.  Whether they contact a company by phone, online, text, or in-person, today’s consumers want ...

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Survey Reveals Top Concerns of Consumers and Businesses

The Travelers Companies, Inc. recently announced the results of the Travelers Risk Index, an annual survey that provides insight into the most pressing concerns of American consumers and business leaders. While fewer respondents believe that the world is becoming riskier, there are shared concerns about cyber threats, the demands of a changing workforce, and severe weather. “Our findings reveal common ...

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Survey Reveals Top Concerns of Consumers and Businesses

The Travelers Companies, Inc. recently announced the results of the Travelers Risk Index, an annual survey that provides insight into the most pressing concerns of American consumers and business leaders. While fewer respondents believe that the world is becoming riskier, there are shared concerns about cyber threats, the demands of a changing workforce, and severe weather. “Our findings reveal common ...

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Most Retirement Plan Sponsors Would Recommend Their Advisor

A study from Massachusetts Mutual Life Insurance Co. has good news for financial advisors who want to build their retirement plan practices: Nearly nine in 10 employers that sponsor a retirement plan would recommend their financial advisor to another employer. “Overwhelmingly, retirement plan sponsors are pleased with the support they receive from their financial advisor and are more than willing ...

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Rewarding Clients for Leading a Healthy Lifestyle

With all eyes on life insurance during this Life Insurance Awareness Month, we thought it was a good idea to check in on one of the industry’s most innovative life insurance programs–the John Hancock Vitality Program. Launched last year, the program allows policyholders to connect their long-term health to their financial well-being by providing savings and rewards to those who ...

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Time to get in the Driver’s Seat for September’s Life Insurance Awareness Month!

Advisors… start your engines for September’s Life Insurance Awareness Month (LIAM). This national education campaign, which is coordinated by the nonprofit organization Life Happens, is designed to get consumers to take stock of their life insurance needs and protect their loved ones with proper insurance planning. This year the celebrity spokesperson is racecar driver Danica Patrick. Her universal appeal makes ...

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Sign up Today for NAIFA’s DOL Workshop!

If you work with qualified plans and IRAs, then you do not want to miss NAIFA’s Skill Builders Series Workshop, “Serving your Clients with Fiduciary Compliance.” Designed for advisors, this four-hour course will give you the information and training you need to succeed in today’s complex regulatory environment. Click here to find out what agents and advisors are saying about ...

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Small-Business Owners Plan to Exit, but Unprepared to Do So

Small-business owners planning to exit their businesses for retirement or other reasons may be in for a rude awakening. New research conducted by Securian Financial Group shows that the vast majority of small-business owners are unprepared for exiting their businesses. The financial ramifications, especially for business owners counting on their companies to fund their retirement, could be significant. “While 54 ...

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