Life insurance is a part of everyday life. Whether we like to admit it or not, life insurance is an incredibly crucial aspect of our lives, and is almost a necessity, although some do not treat it as such. And because it has become a staple in most people’s lives, it begs the question: where did it start? How did… Read more →
Category: Life Insurance
Technology’s Affect on Life Insurance
If you have a facebook profile and use it frequently, you may have noticed that Facebook can detect your face, registering it to your profile. This technology also recommends who to tag, based on who is in your photo and if their face is registers with their profile. As science expands and technology vastly becomes more incredible through it’s capabilities,… Read more →
Helping the Uninsurable
A new insurance technology company has released a new life insurance product for citizens in the UK. One of the largest life insurance companies, Royal London, has created this product to aid people who are deemed “uninsurable” because of pre-existing conditions. Those who are specifically targeted for this new product are people who have been diagnosed with diabetes and HIV… Read more →
GWG Wants to Predict Your Death
If you ask most people, they probably do not want to know when their life is going to end. One insurance company really wants to know the answer to that question, and is actively trying to find out. It was recently announced that GWG Life, a company that buys unwanted life insurance policies, will begin to use epigenetics to attempt… Read more →
The Importance of Setting Up A Will
Many people put off, or completely neglect setting up a will, as it puts the thought of death at the forefront of the mind. Those people, are probably unaware of how vital the creation of a will becomes, in the unlikely event of their passing. A will has the ability to legally protect spouses, children, estates, and assets. Not only… Read more →
Fabric Health Insurance App
Lately, it seems as if the life insurance industry is adapting to the 21st century’s obsession with technology. Several applications have released over the last few years that are aimed at not only simplifying the process, but also appealing to a younger demographic. And with reports of millennials not purchasing life insurance—they are far too concerned with paying off financial… Read more →
Are Millennials Not Purchasing Life Insurance?
The world, for as old as it is, has seen billions of human beings come and go. There have been too many generations to count, and there are currently six generations still alive today: The Greatest Generation, The Silent Generation, Baby Boomers, Generation X, Millennials, and Generation Z. And now, millennials are either in their prime for purchasing life insurance,… Read more →
How Much Life Insurance Do You Actually Need?
Life insurance isn’t something people usually enjoy talking about, mainly because the entire purpose of it is to help handle financial burden after your or a loved one’s death. If you have dependents, like older parents, a spouse, or children, you’ll need to have life insurance in case you pass away before your expenses are taken care of for your… Read more →
Climbing the Ladder of Digital Insurance
As I’ve mentioned before in previous blogs, technology is tightening its grasp on our everyday lives. We are in the midst of a technological revolution where companies and industries who once believed they could survive without technology are now finding themselves inundated by it. And in order to survive, they must adapt. Now, this may sound rather dramatic, but it… Read more →
Do People Truly Understand their Health Insurance?
Even though health insurance is an important aspect of life, few people fully understand what it entails. Since the institution of the Affordable Care Act (ACA), all United States citizens are required to have health insurance coverage, either through ACA or a private insurer, or they’re forced to pay a penalty. A poll conducted a few years ago reveals that… Read more →