Blockchain-based startup Infineo announced that it tokenized over $125 million in life insurance policies. These policies are not new they have been uploaded by insured individuals to the tokenization platform. The main purpose is to notify beneficia...
Life insurance is an important part of the financial planning process. Over 50% of consumers worry that their life insurance policy is not enough to protect their loved ones....
Knowing that your loved ones will be financially secured after your death can be a great comfort and a top priority for many. In a recent study by NerdWallet, leaving inheritance became the most popular reason for purchasing a life insurance policy a...
ILI, or investment life insurance, is a comprehensive financial product that includes both insurance functions and the ability to invest in the stock market. Endowment (ULI) is when a person insures their life and annually receives a portion of retur...
A decent amount can be built with the help of life insurance policies. These are low-risk investments but they bring high returns. Affluent people often use their policies as a way to accumulate additional income or increase their pension. Here are f...
Social security was never intended to cover all of the expenses of seniors. That may explain why annuities are becoming increasingly popular. Annuity sales in the US reached a record $385 billion in 2023, by 23% more than in the previous year, accord...
Rakesh Kamal, 57, his wife Teena, 54, and their 18-year-old daughter Ariana were killed in a murder-suicide at their mansion in Dover, Massachusetts. According to the New York Post, the tragic events were the result of complex financial problems and ...
Over the past few years, economic instability has seriously affected Americans, especially business owners in the United States. Still facing the effects of COVID-19 and continuing to struggle with economic difficulties, business owners are increasin...
Although the insurance industry is strictly regulated in the US, insurance companies can still go bankrupt for a number of reasons. For example, they can misprice their products and face higher-than-expected payouts, as happened with Penn Treaty, a l...
Navigating the path to financial security often involves considering a variety of strategies and tools. Life insurance is becoming a key financial planning instrument among them. The primary goal of life insurance is to protect the dreams and aspirat...
Wellness (eng) is a concept that includes not only physical health but also the overall person’s well-being. The concept of wellness is aimed at achieving harmony and balance in life, which contributes to a better quality of life. Wellness is becom...
One of the most important aspects of life insurance policies is the policy period. Understanding this concept is essential for anyone considering purchasing life insurance, as it has a significant impact on future profits and coverage....
When Father's Day arrives, many families think about the future. The article in Business News Today highlights the top reasons why purchasing a term life insurance policy should be a priority for every father....
The authorities of North Carolina charged a Battleboro insurance agent with 74 felony charges after it was discovered he had falsified life insurance applications for 16 people 74 counts....
In the area of insurance products, fixed annuity payouts have become more profitable, although potential annuity buyers still need to consider a possible loss of income and risk of inflation. That said, the prices for only long-term care life insuran...
Term life insurance has several significant benefits that make it a popular choice for many people, one of them is affordability. This type of insurance is usually less expensive than permanent life insurance allowing you to get high coverage for a r...
Determining the necessary sum insured depends on several individual factors, including your financial obligations, income, number of dependents and your long-term financial goals....
For $75 a month you can choose and purchase several life insurance programs in the US, each with own features and benefits....
An Ontario man found out that his wife's life was not insured despite a C$150,000 loan....
A US resident murdered his wife and spent an insurance payout on the purchase of a sex doll and video games. CBS News writes about this....
