Life Insurance 101

Insurance Industry Supports America’s Workforce

[Life Insurance 101 Series: This series features IMPACT posts that detail the breadth of the industry’s reach and benefits provided to consumers.] Every year on the first Monday in September, America honors its workforce. As we approach Labor Day, it’s a good time to reflect on one of the bedrocks of the American economy, the insurance … Continue reading

What is reinsurance?

[Life Insurance 101 Series: This series features IMPACT posts that detail the breadth of the industry’s reach and benefits provided to consumers.] Reinsurance is a risk management tool used by life insurers to spread risk and manage capital. With reinsurance, a life insurer transfers some of its insurance risk to another insurer. In effect, reinsurance … Continue reading

Annuities: Guaranteed Lifetime Income and More

[Life Insurance 101 Series: This series features IMPACT posts that detail the breadth of the industry’s reach and benefits provided to consumers.] Americans are living longer and financial security through retirement is a big challenge for many. One proven way to face that challenge is by purchasing an annuity. The certainty this tool brings is … Continue reading

Investments in Bonds Help Life Insurers Meet Commitments to Customers

[Life Insurance 101 Series: This series features IMPACT posts that detail the breadth of the industry’s reach and benefits provided to consumers.] The life insurance industry has $6.3 trillion invested in the U.S. economy, making it one of the largest sources of investment capital in the nation. To help wrap your head around that, $1 … Continue reading

Investments in Mortgages Support Life Insurers’ Guarantees

[Life Insurance 101 Series: This series features IMPACT posts that detail the breadth of the industry’s reach and benefits provided to consumers.] Life insurers are a bedrock of the American economy, providing employment for American workers and investment capital for U.S. businesses. But did you know that life insurers also make hundreds of billions of … Continue reading

Life Insurance Protections Most People Don’t Know About

[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

Lennon & McCartney. Peanut Butter & Jelly. Life & Health Insurance?

[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