Living Benefits

The proper coverage

It’s one of those questions that keeps clients up at night: if my partner gets seriously ill, how can I pay the extra health care costs? Most people have the luxury of time to address this issue, but seniors don’t. They are living longer lives—many with chronic health conditions—that make insurance a wise investment in […]

By Leigh Doyle |November 15, 2010

5 min read

Earn client trust on CI’s finer points

Worried patients take extra comfort with a doctor who appears fully conversant in all of the implications of the latest drugs. So too, an insurance broker’s clients and potential clients will be more comfortable with critical illness insurance if the broker demonstrates up-to-date knowledge of all clauses, especially those most relevant to their situations. Several […]

By Al Emid |October 25, 2010

4 min read

Doubt and designations

The recent spotlight on financial products hasn’t been limited to complex mortgage-backed products. Insurance-based products have had their share of recent attention, especially when it comes to beneficiary designations. Several court cases involving beneficiary designation disputes underscore the importance of reviewing these designations and ensuring that they are up-to-date and in accordance with a client’s […]

By David Wm. Brown |July 12, 2010

9 min read

U.S. may soon regulate Indexed Annuities as insurance products

It will take an act of Congress but insurers could be very close to getting what they’ve been seeking for the last two years — a declaration that equity indexed annuities will be regulated as insurance products, and not as securities. A House-Senate conference committee working on the nearly 2,000-page financial services reform legislation, approved […]

By Alan Prochoroff |June 29, 2010

6 min read