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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
Most people who have health insurance policies tend to have busy schedules, especially during the holidays. But between all of the hustle and bustle of gift shopping, business meetings and family dinners, try to make some time to check over your health insurance policy. While that may seem like an arbitrary task to complete, it can prove to be quite… Read more →
The life insurance settlement industry is a lucrative market, with an estimated value of $1.7 billion. A life settlement is when somebody sells their life insurance policy to an investor, in exchange for a percentage of the policy’s face value. Since its inception, the life insurance settlement market has been dominated by brokers, but two Stanford University grads are seeking… Read more →