Before buying life insurance, you need to understand how it works, even as circumstances in your life change. Transferring ownership of a life insurance policy is one strategy for adapting to those changes. For example, if your attorney suggests creating a life insurance trust, signing over your policy might be necessary. Similarly, you might … Read more
This post is part of a series sponsored by IAT Insurance Group. Property insurance offers protection for a building once it’s operational. A builder’s risk policy insures against physical loss or damage to a building during construction. A builder’s risk policy covers both hard and soft losses for contractors. Hard costs include the physical … Read more
If you have dependents—or just loved ones who you want to take care of after you die—life insurance is critical. This coverage helps ensure your lost income doesn’t translate to tangible material losses for your family once you’re gone. But how much life insurance is enough? That’s a question whose answer can change significantly … Read more
The digital transformation in insurance is a remarkable story of adaptation and innovation. It’s not just about making insurance companies more efficient; it’s about putting customers at the center of the business models. It’s about leveraging digital technology to make your insurance experience smoother, safer, and more accessible. So, the next time you think … Read more
Insurtech is not just about bringing insurance into the digital age; it’s about making personalized insurance work for you. Insurtech customization is the secret to transforming insurance from a rigid, one-size-fits-all product to a personalized solution that meets your unique requirements. So, if you’re a P&C insurance agent, it’s time to embrace the power … Read more
In the maze of life, preparing for the inevitable is an act of love. Enter Transamerica Burial Insurance; a beacon of reassurance in navigating life’s final chapter. When we talk about Transamerica, we’re delving into a realm where planning meets compassion, where the burden of end-of-life expenses finds solace. Imagine your insurance plan as … Read more
P&C insurance agencies find themselves at a crossroads, where embracing Insurtech opportunities offers unprecedented opportunities for growth and innovation. However, traditional insurers navigating this landscape requires adaptability, a customer-centric approach, and a willingness to harness the power of technology while preserving the core values that make these agencies indispensable in the insurance world. As … Read more
The future of insurance customer engagement is marked by a remarkable shift towards a more customer-centric approach. As technology and personalization take center stage, insurers are redefining their role as trusted partners in their customers’ lives. By doing so, they not only ensure their survival in a dynamic marketplace but also contribute to a … Read more
Life insurance agents help you navigate the life insurance process, including selecting a policy. However, not everyone needs an agent. Find out more in this guide. Unfortunately, life insurance agents don’t have the best reputations. In fact, they’re considered one of the least-trusted professions in America, according to recent surveys. Customers lament the hassle … Read more
A world without insurance is a world where risks loom large, and financial security hangs by a thread. Fortunately, insurance companies can offer that much-needed protection and peace of mind to individuals and businesses alike. The ability to sell insurance is pivotal in the financial industry but it’s about more than just crunching numbers. … Read more