It’s widely understood that life insurance is an important asset to have at one’s disposal, whether it’s for protection against the uncertain or planning for the future.
Based on new data released by LIMRA regarding life insurance sales in 2014, the market for annuities is particularly hot. Increased annuity sales demonstrate that consumers are more conscious of how life insurance products can factor into their retirement planning strategy, but there are still signs that financial professionals need to market certain products more aggressively.
In any workplace, younger employees benefit from the wisdom older colleagues provide. The relationship between older professionals and younger peers can be incredibly important for retention.
Getting a client in the door and signing up for a life insurance policy isn’t a permanent solution. There are a number of changes an individual may experience in their lives that may call for various levels of coverage.
Saving for a comfortable retirement may be the most important investment anyone makes throughout their lives.