Every day, 10,000 baby boomers enter retirement. With that in mind, financial experts are trying to raise awareness of two facts: We are living longer, and we are spending more.
Few will be surprised to hear that voluntary market sales are on the rise. In April, LIMRA’s review of 46 voluntary insurance product providers showed sales increases for the fifth straight year. Half the companies surveyed said sales rose by 12 percent or more.
How critical is a critical illness voluntary policy when it comes to helping a family financially survive cancer? While it’s been widely reported that the pace of health care inflation has begun slowing, that trend unfortunately does not extend to the cost of cancer care.
Just how much does technology drive employee benefits enrollment – and, ultimately, the widespread adoption of voluntary solutions?
Group health benefits brokers used to look at Gary Ware with sympathetic eyes. As traditional brokers saw it, said Ware — a voluntary benefits specialist — selling voluntary products is a labor-intensive task that requires scores of individual sales to see a meaningful return on all of that effort.
One man’s challenge is another man’s opportunity – and successful benefits brokers understand the line connecting the two. How will you grow your business moving forward, and at what are you and your clients looking ahead as the marketplace evolves?
Benefits brokers often face a two-pronged challenge when presenting voluntary solutions to plan sponsors and participants at the worksite.
Recent years have seen more and more consumers jumping on the health savings account bandwagon.
Every year around this time, benefits brokers get word of LIMRA’s most recent data on voluntary benefits sales.
Increasingly, employers are using wellness programs to cut insurance costs by encouraging healthy employee habits.