COVID-19 | IMPACT

Consumers Benefit from Regulation BI

The bar on consumer protections is raised in important ways by the Securities and Exchange Commission’s (SEC) Regulation Best Interest (Reg BI), which goes into effect at the end of this month. Reg BI preserves access for middle- and lower-income savers to financial professionals that offer the opportunity to set up income guaranteed for life. Insurance … Continue reading

Paid Leave Solutions for Workers

As Congress searches for paid leave solutions that support workers who need a leave of absence, there’s an opportunity for a partnership between the private and public sectors. What’s essential is the ability for employers to provide coverage through private short-term disability income insurance or other private market tools. Whether it’s childbirth, adoption, a family … Continue reading

Making Financial Protection Available in COVID-19

COVID-19 has raised some of the greatest underwriting challenges for the life insurance industry since World War II, as was reported in a May 10 Wall Street Journal story Some Americans Are Being Turned Away Trying to Buy Life Insurance. It follows that the industry making financial guarantees that can last for decades to deliver benefits … Continue reading

Paid Maternity Leave During COVID-19 Pandemic? Yes!

Many of us celebrated Mother’s Day recently. We were reminded of the love that mothers have had since day one of their children’s lives. Motherhood, pregnancy, and childbirth remain a constant – even during the COVID-19 pandemic. Paid maternity leave during COVID-19? Yes! It is happening now. Many mothers who have had to take time from work to … Continue reading

Paid Maternity Leave During COVID-19? Yes!

Babe Ruth and Disability Income Insurance?

[Life Insurance Spotlight: This series showcases famous people and their little-known connections to the life insurance industry] Private disability income insurance (DI) is the most common form of income protection for workers, allowing millions of Americans to maintain their income if a medical condition keeps them out of the workplace. DI coverage offered by life … Continue reading

Paycheck Protection Through Disability Income Insurance

[Life Insurance 101 Series: This series features IMPACT posts that detail the breadth of the industry’s reach and benefits provided to consumers.] May is Disability Insurance Awareness Month. It’s a reminder even in typical economic times that we should all think about the “what if” of having a temporary or permanent illness or injury that … Continue reading