[Life Insurance 101 Series: This series features IMPACT posts that detail the breadth of the industry’s reach and benefits provided to consumers.] When consumers purchase a life insurance policy, their main concern is how it will protect their family’s financial future. People buy life insurance for the peace of mind that comes with knowing their … Continue reading "Life Insurance Protections Most People Don’t Know About"
Life insurers’ most critical mission is helping people take care of the things that matter most, whether they are in North America, Africa, Europe, Latin America or Asia. We do this by providing risk protection and financial security products that empower individuals to protect themselves and their families. Numerous American Council of Life Insurers (ACLI) member … Continue reading "China Trade Deal Supports Innovation and Growth"
At a recent hearing in Boston, a long line of local citizens voiced opposition to the Massachusetts Commonwealth Secretary’s proposed elitist fiduciary-only standard for financial advice. This week in the Boston Globe, local business owner Joan Jaeger Gustaff outlined why she opposes the rule, which could become effective within weeks. The people of Massachusetts would be best served … Continue reading "Massachusetts Small Business Owner Opposes Fiduciary-Only Proposal"
(This article originally appeared on LinkedIn.) Asking people to create an emergency savings fund is like asking them to exercise or lose weight. It’s about motivating short-term pain for long-term gain. It’s really hard to do. So much so that a Federal Reserve Board survey revealed that 46 percent of Americans would have trouble coming … Continue reading "Putting $400 in Every Savings Account"
Today’s U.S. Senate passage of the United States-Mexico-Canada Agreement (USMCA) sets the table for President Trump to sign the bill into law. Insurance consumers in the three countries stand to benefit as a result. No other industry is there for people through every stage of life like the life insurance industry. Life insurers serve 90 … Continue reading "Senate Passage of USMCA a Win for Insurance Consumers"
[Life Insurance 101 Series: This series features IMPACT posts that detail the breadth of the industry’s reach and benefits provided to consumers.] Great pairs provide great things like: great music (Lennon & McCartney); great lunches (peanut butter & jelly); financial protection (life & health insurance). Each component of these famous combos is distinctive. John & … Continue reading "Lennon & McCartney. Peanut Butter & Jelly. Life & Health Insurance?"
Last month President Trump signed a spending bill that included the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The SECURE Act will provide a huge boost for America’s retirement savers. Among other benefits, the bill will enable more small businesses to offer retirement plans, allow older workers to contribute more to their retirement … Continue reading "ACLI Supports Junior Achievement, Financial Literacy"