National Underwriter Life & Health Magazine June 16, 2008
Cover Story
Retirement Withdrawal Mistakes To Avoid
With a few notable exceptions, many baby boomers are facing a long retirement or semi-retirement with fewer resources than they had during the working years...
Focus
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Bringing Absence Management Out Of The Age Of Silos
Linking family medical leave administration with group disability plan administration can help employers cope with shifts in workplace demographics and evolving family needs.When an employee ...
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Short Term Health Insurance--It's Not Just for Grads
For many young adults, college graduation signals the end of dependence on their parents. With independence, however, comes responsibility. One of those responsibilities is securing ...
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More Work To Be Done If Annuities Are To Grow: Cerulli
Although annuities are the only financial products specifically designed to generate a guaranteed lifetime stream of retirement income, few retirees currently use annuities for this ...
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Do People Really Cut Back On Life Insurance During Economic Crises?
The current economic "crisis" will have an effect on life insurance sales. But probably not in the way that media pundits are likely to think.Presumably, ...
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LTCI For The Wealthy? No
Emotionally, long term care insurance is a very compelling financial product. No one wants to be dependent upon future generations or to spend their beneficiaries' ...
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Sell The Need, Not The Hype
Some very dangerous marketing strategies for selling life insurance have emerged in recent times. They include stranger-originated life insurance, equity-stripping and "hyperfunded" or "turbocharged" insurance.These ...
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Medicare Advantage Growth Faces New Hurdles
The Centers for Medicare & Medicaid Services recently proposed a series of new marketing and sales rules for Medicare Advantage and Prescription Drug plans. The ...
News
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Long Term Care Insurance Premiums Rose 4% Over 2007, Survey Shows
A 55-year-old considering long term care insurance can expect to pay $709 per year for each spouse if married or $1,095 for an individual policy, ...
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SEC Seeks Public Comments On FINRA VA Rule Changes
The U.S. Securities and Exchange Commission is calling for reactions to variable annuity sales rule changes proposed by the Financial Industry Regulatory Authority.FINRA, Washington, filed ...
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1Q 2008 Index Product Sales Decline From 2007's 4Q
Sales of index annuities and index life insurance fell in the 1st quarter of 2008 compared to the previous quarter, according to figures from AnnuitySpecs.com, ...
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Dueling Bills Both Make Cuts To Medicare Advantage Program
The two top members of the Senate Finance Committee have introduced competing bills that would make significant cuts in the Medicare Advantage program and at ...
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NAIC Gives 'Conditional Support' To Federal Insurance Office Bill
Legislation that would establish a federal Office of Insurance Information has won the qualified support of state insurance regulators, but remains a concern for state ...
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Ranks Of The Underinsured Are Growing Too, Report Shows
About 9% of U.S. adults with annual incomes between $60,000 and $99,999 may have been underinsured in 2007.Researchers at the Commonwealth Fund, New York, included ...
Features
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IRS Issues IRA-To-HSA Transfer Rules
Holders of Individual Retirement Accounts can shift some cash into Health Savings Accounts without paying income taxes or penalties on the distributions.Officials at the Internal ...
Advising Boomers
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For Many Aging Breadwinners, SSDI Is Just Another Acronym
Many disability policies coordinate benefits with the Social Security Disability Insurance program.Some financial services clients, including self-employed boomers who have bad backs or bad hearts, ...
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Boomers In Denial About LTC
Boomers are overconfident about their ability to withstand long term care events in retirement, according to new research from Lincoln Financial Group.Lincoln Retirement Institute, a ...
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Bringing The Consolidation Message To Boomers
The number of boomers who have assets spread all around is "amazing," says Robert Graham, CEO and president of RG Capital LLC, Scottsdale, Ariz. "They ...
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Helping Boomers Build A (Green) Nest Egg
The next time a boomer client asks you about how best to allocate the mutual fund portfolio of a variable insurance or variable annuity product, ...
Opinion
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Dutch Boy Blues
Regulators trying to oversee the suitability of annuity sales no doubt understand the dilemma of the Dutch boy trying to plug the dike who stuck ...
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Microsoft And IBM: Empire Building At ACORD LOMA Forum?
Competition to sell technology in the insurance industry is fiercely intensifying, as more players enter the fray and the specter of recession-induced cuts in IT ...
