Home » MetLife Individual Disability Insurance Suspension of Business September 1, 2016
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MetLife Individual Disability Insurance Suspension of Business September 1, 2016

# Why this is important to you and your clients While MetLife is going through a host of changes as part of their reorganization, the MetLife Individual Disability Insurance product is one of the most competitive contracts in the marketplace now. The $7,500 monthly benefit is the highest monthly benefit available on a Simplified Issue…

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Special Message from Yoel Y Bodek on the Growing Brokers Central Team

Brokers Central Announces Expansion Expanded Team Supports Insurance Advisors and Financial Pros in Annuity, Life, DI and LTCi Sales MONTEBELLO, NY – April 20, 2016 – Managing Agency, Brokers Central announced today the appointment of three new positions, supporting its effort to provide premier life, DI and LTC insurance broker services,…

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Middle-market households own majority of permanent life insurance

As the financial-services industry calculates opportunities in the middle market, a new LIMRA report finds middle-market households own the majority of individual permanent life insurance in force. Once thought to be primarily bought by the affluent, households at all income levels own permanent life insurance, with the middle market leading…

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Proof of life changes to be required for ACA special enrollment

The Centers for Medicare and Medicaid Services says it will need proof of eligibility, such as a birth certificate or marriage license, for people seeking health insurance outside the regular enrollment window on Affordable Care Act exchanges. InsuranceNewsNet online/The Associated Press (2/24)

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Social Security workers confused over new rules

Recent changes to two popular Social Security claiming strategies seem to be confusing even employees of the Social Security Administration. The result is that some people seeking information from the agency are being incorrectly told they no longer qualify. The Wall Street Journal (tiered subscription model) (2/25)

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Explaining the lack of a Social Security COLA

For just the third time in 40 years, Social Security recipients did not receive an annual cost of living adjustment for 2016. Maurie Backman discusses the reasons, noting that declining fuel costs kept inflation low. The Motley Fool

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Commentary: “No-refund” option can boost DIA payments

Choosing a deferred-income annuity with no refund of premium can more than double payouts later in life, but it also means a client can lose his or her investment by dying before the deferral period ends, write Robert Bloink and William Byrnes. LifeHealthPro (2/17)

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Financial advisers are essential in divorces

People locked in divorce proceedings would be wise to retain a financial adviser quickly. An adviser "can be the difference between a workable settlement and disaster," writes planner Melissa Montgomery-Fitzsimmons. Many people fail to take this step. Money magazine (2/16)

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Cadillac tax repeal still on track, backers say

Members of Congress and their staffs say that repeal of the Affordable Care Act tax on high-cost health insurance plans is on track despite some challenges. "No matter who is in the White House, we will get a repeal done," said Michelle Greenhalgh, an aide to Rep. Joe Courtney, D-Conn….

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For Young Advisors, Support Contributes to Long-Term Success

A new LIMRA study reveals that the support young advisors receive from their firms at the beginning of their careers in financial-services sales greatly contributes to their long-term success. Today's advisors face many of the same challenges as their predecessors. Finding leads, asking for referrals and developing skills to run…

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