Articles
How advisors can get clients to act sooner on life insurance
Despite knowing they need life insurance, many clients put it off. In fact, a study by Ethos found that nearly 3 in 4 (72%) individuals wish they had started protecting their future sooner, while 70% knew life insurance mattered long before they actually purchased it. “Even when people recognize the value of life insurance, they […]
Mending Health lands under Oklahoma supervision following ACA exit
Oklahoma Insurance Commissioner Glen Mulready placed Mending Health Insurance in Oklahoma, Inc. under the supervision of the state insurance department due to concerns about its financial health. Regulators said the action is intended to protect policyholders and ensure claims continue to be paid during the supervision process. According to the department, Mending must continue processing […]
Help women break through their retirement roadblocks
Women represent one of the most significant opportunities in financial planning, but advisors must help women build and protect their financial independence. Heather Schreiber, owner of HLS Retirement Consulting, gave insights on how to help women grow, protect and retain their wealth during a recent webinar for the National Association for Fixed Annuities. A historic […]
What to do when adult children become the client
At some point in time, an adult child may suddenly become a client’s primary financial decision-maker as a result of an illness, cognitive decline, or another major life event. “When this happens, the first step is to confirm the child has the legal authority to make decisions on behalf of their parents,” said Steven Rogé, […]