Conning: The Distribution Problem for Life Annuity Insurers

In line with a brand new examine by Conning, the life insurance coverage business continues to battle to extend the variety of insurance policies, however it will probably additionally assist reverse this pattern whereas strengthening relationships with clients. "Life annuity insurers have the fundamentals to develop omni-channel advertising and marketing and distribution capabilities, however that's nonetheless a piece in progress," stated Scott Hawkins, director of insurance coverage analysis at Conning. "The total growth of omnichannel methods requires additional integration throughout all platforms, an funding in information evaluation and the identification…

Is it time to take out life insurance coverage?

In case you are questioning when to purchase life insurance coverage, right here is an easy rule: the truth that you ask the query most likely implies that the reply could possibly be: "for now." Life insurance coverage goals to financially defend your dependents (comparable to partner or associate, youngsters, and different family members) ought to the worst occur, and by "the worst," we imply your So, if you happen to're questioning when to purchase life insurance coverage, it implies that you most likely have dependents or anticipate to have…