Life Insurance...Benefits for the Living - 4/11 - 103598

iiaba.net

Most people purchase Life Insurance in an attempt to reduce the financial pressure on loved ones and other beneficiaries when someone dies. However, many individuals fail to realize the Living Benefits found in Life Insurance contracts. Explore benefits the policy owner may take advantage of while still alive. Examine how Cash Values in policies are created, and how they can be extracted by a living policy owner in the most tax advantaged manner. Review the tax consequences of Qualified Retirement Plans. Discover how a business can use the Living Benefits of a Life policy to recruit, retain and reward key employees in a business, as well as to allow the business owner to move business dollars into their personal account for retirement. Briefly review various Life Insurance Riders to focus on their Living Benefits, Viatical Settlements (Life Settlements), and the Annuity side of life contracts.
Watch Now

Spotlight

The United States insurance regulatory system has been in existence for more than 150 years. According to the National Association of Insurance Commissioners (NAIC), the U.S. regulatory mission is “to protect the interests of the policyholder and those who rely on the insurance coverage provided to the policyholder first and foremost, while also facilitating an effective and efficient market place for insurance products.” Solvency is the cornerstone of insurance regulation, providing crucial safeguards for policyholders and for the economy. This I.I.I. white paper explores efforts related to solvency regulation that could have far-reaching and critical implications for the entire global insurance system both internationally active insurers and those whose operations are distinctly local. Beginning with an overview of the history of key changes in the United States and European solvency regimes, the paper focuses on the current initiative to build a common framework of capital requirements and prudential capital standards for internationally active and global systemically risky insurance groups since, in theory, the failure of a systemically risky insurer can cause significant dislocation in the global financial system. The paper also describes the perspectives of various stakeholder groups and the impact of this massive undertaking on different markets.

OTHER ON-DEMAND WEBINARS

COMMERCIAL INSURANCE WEBINAR FEATURING SMA: HOW TO GET TO DIGITAL FAST AND STAY COMPETITIVE

limestreetguide

Rethinking Agent & Customer Interactions Across Commercial InsuranceCompetition for commercial lines of business is coming from all directions. Learn how and where commercial lines carriers are investing in digital initiatives, so you can plan your strategy.Watch industry leaders Mark Breading of SMA and our own Neal Keene for an interactive discussion, followed by real-life examples of commercial insurers moving toward digital.Discover how to:Speed up turnaround time for quotes and proposals, and deliver them in real time using existing raterspreadsheetsIncrease renewal conversion rates and deliver more relevant cross-sell offersCut administrative costs by enabling self-service Reduce compliance risks by improving data accuracy
Watch Now

How Claims Automation and Analytics Will Put Commercial Auto on the Right Track

verisk

After years of underwriting losses, commercial auto is ripe for improvement. Join Tamara Flinn for a deep dive into how commercial auto claims can be better managed by integrating automation and analytics into the process. You’ll discover a viable path to turning around the financial performance of this line of business.
Watch Now

SMB INSURANCE CUSTOMERS: GROWTH OPPORTUNITIES GROUNDED IN GRIT AND RESILIENCE

majesco.com

Small-Medium Businesses (SMBs) are the heart and soul of the U.S. economy. According to the U.S. Small Business Administration, there are 32.5 million of them, accounting for 99.9% of all U.S. businesses; they employ 61 million people or 46.8% of all private-sector employees; and they account for 43.5% of U.S. gross domestic product. To say they are a dominant market segment and a top growth focus for insurance is an understatement! But SMB needs and expectations are vastly different from the past, creating growth opportunities for an underserved market.
Watch Now

Understanding Long-Term Care Insurance

cdn.shopify

The course reviews the aging of America and the financial and physical stress it places on families and institutions that care for the elderly. The financial toll is heavy on those who have not prepared for the eventuality of having a health crisis in their elder years. LTC Insurance offers a remedy to handle those life events. The course addresses the typical policy features and benefits found today and reviews alternatives to finance the cost of extended care without experiencing financial ruin.
Watch Now

Spotlight

The United States insurance regulatory system has been in existence for more than 150 years. According to the National Association of Insurance Commissioners (NAIC), the U.S. regulatory mission is “to protect the interests of the policyholder and those who rely on the insurance coverage provided to the policyholder first and foremost, while also facilitating an effective and efficient market place for insurance products.” Solvency is the cornerstone of insurance regulation, providing crucial safeguards for policyholders and for the economy. This I.I.I. white paper explores efforts related to solvency regulation that could have far-reaching and critical implications for the entire global insurance system both internationally active insurers and those whose operations are distinctly local. Beginning with an overview of the history of key changes in the United States and European solvency regimes, the paper focuses on the current initiative to build a common framework of capital requirements and prudential capital standards for internationally active and global systemically risky insurance groups since, in theory, the failure of a systemically risky insurer can cause significant dislocation in the global financial system. The paper also describes the perspectives of various stakeholder groups and the impact of this massive undertaking on different markets.

resources