We all know that sinking feeling when the ignition won’t catch. What does life insurance have to do with your battery? More than you might think. Click here to read more.
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Stratus Financial: What’s Trending in Life Insurance
This edition of “What’s Trending in Life Insurance” covers stories from Forbes, BusinessWire, and Fitch Ratings.
Who Should Have Survivorship Life Insurance?
Forbes recently came out with an article regarding survivorship life insurance plans, and how they may work well for some people’s unique needs.
Survivorship life insurance is essentially one policy, covering the life of two people. It pays…
Why Fixing Existing Life Insurance Policies May Be More Important Than Buying New Ones
As National Life Insurance Awareness Month comes to an end, we’ve seen an upsurge of articles relating to what life insurance is, why you should have it, and what type of policy is best. One common theme, however, is that all this content is centered around the acquisition of a new policy.
Now, getting a new policy isn’t a bad…
The Biggest Misunderstanding When Evaluating Life Insurance Policies
When it comes to life insurance, the word “guarantee” may have different meanings. The first question that should be asked? “Is the guarantee conditional or unconditional?”
Here’s why:
Problem
There’s hardly ever a problem when a policy has unconditional guarantees. “If you pay this premium, we will pay this death benefit to your age 120” is an example of an…
Stratus Financial: What’s Trending in Life Insurance
This week’s edition of “What’s Trending in Life Insurance” covers a lawsuit against State Farm, COVID-19, and the current state of the industry. Read below to learn more:
DFR reaches $230,000 settlement with State Farm
The Vermont Department of Financial Regulation (DFR) recently settled a case with life insurance provider State Farm. The lawsuit, filed as a result of alleged…
Stratus Financial: What’s Trending in Life Insurance
This edition of “What’s Trending in Life Insurance” covers three stories regarding the COVID-19 pandemic, and how it’s affecting life insurance as we know it today.
How the Pandemic Will Change Our Lives for the Foreseeable Future
Our first article comes from the folks over at Live Insurance News. It discusses the psychological effects that COVID-19 has had on our…
The Problem with Forbes Rankings
“Forbes may earn a commission on sales made from partner links on this page.” It’s there, in fine print a few shades lighter than the paragraph text. I can’t single them out for that – several other national publications do the same. We as professionals understand that these are often paid fluff pieces.
The problem comes as advertising and journalism…
Joe’s Wife Is Missing. So Is His Ability to Protect Her.
My friend Joe hasn’t seen his wife since he rushed her to the hospital due to an aneurism. Adding to his woes – their estate documents aren’t up to date. Here’s a look at their not-so-uncommon case: https://bit.ly/3fJsZD2
Joe’s Wife Is Missing. So Is His Ability to Protect Her.
My friend Joe hasn’t seen his wife since March. He’d rushed her to the hospital and had to watch from the door while the gurney wheeled her away. It turned out she had an aneurism that needed immediate attention. The doctors saved her life, but she’s still recovering in a rehab facility that’s locked down for Covid-19 just as the…
Stratus Financial: What’s Trending in Life Insurance
In this week’s edition of “What’s Trending in Life Insurance” we cover topics from Business Insider, Bankrate, and the Insurance News Net:
Court Affirms $34.3M Jury Verdict Against State Farm Life Insurance
Coming out of the legal world, here’s an article that’s been making quite a splash over the last couple of weeks – State Farm Life Insurance will have…