Bank Innovation

MARCH 30, 2016

No one disputes that life insurance ownership in the US has been… Read more InsurTech Could Help Fix The Decline in Life Insurance. In this first post, Amy describes the business context and outlines some pointers towards a solution.

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BankBazaar

MARCH 13, 2020

With COVID-19 positive case count and deaths increasing by the day, it is important to know if your Life Insurance policy will cover deaths arising out of COVID-19. In fact, if you’ve recently purchased Health Insurance , your policy may not cover it if you contract the disease during the policy waiting period.

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MyBankTracker

SEPTEMBER 16, 2020

Life insurance can seem mysterious. Once you understand how life insurance works, you can buy coverage to help reach your goals. People buy term life insurance and other types of life insurance to cover their loved ones’ financial needs. But does life insurance pay for suicide?

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PYMNTS

OCTOBER 31, 2016

SoFi, the online lender, is moving ahead with plans to roll out a life insurance product, reportedly acquiring licenses and inking a deal with Protective Life Insurance. It now is in mortgages, personal loans, wealth management and, starting soon, insurance.

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Perficient

NOVEMBER 21, 2023

With nearly three decades of experience directing commercial lending, corporate finance, and insurance for leading brands, Perficient’s Insurance Principal, Brian Bell, stands at the forefront of our financial services practice. Brian believes insurance serves a noble purpose and is a great source of pride. What is your role?

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Bank Innovation

JUNE 29, 2016

While most insurance technology startup activity in the US is concentrated in health… Read more Life insurance #insurtech innovation Part I: No longer an oxymoron, expect an uphill climb. We have also posted it onto the Fintech Genome to stimulate discussion there.

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MyBankTracker

MAY 3, 2021

Northwestern Mutual is a financial services company that offers various products and services like insurance, retirement, investment, and general financial planning for personal and clients. The company’s core product offerings revolve around insurance, however. Many insurance and financial products to choose from.

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MyBankTracker

OCTOBER 19, 2020

Not only can you purchase a life insurance policy for yourself, but you can also purchase one for just about anyone else – provided you have an insurable interest in that person. Insurable interest isn’t a term most consumers are remotely familiar with. What is an Insurable Interest?

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MyBankTracker

MAY 29, 2020

It used to be that there were two types of life insurance – whole life and term. Whole life is life insurance with a cash accumulation feature. Not only do you get life insurance, but it also serves as an investment account to build up savings. Term life is simply pure life insurance.

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MyBankTracker

MAY 29, 2020

It used to be that there were two types of life insurance – whole life and term. Whole life is life insurance with a cash accumulation feature. Not only do you get life insurance, but it also serves as an investment account to build up savings. Term life is simply pure life insurance.

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MyBankTracker

FEBRUARY 4, 2021

Buying life insurance can feel confusing. Sometimes, people want to get life insurance quickly. People that aren’t in the best health may not qualify for traditional life insurance, either. In these cases, two types of insurance may be options. What is Simplified Issue Life Insurance?

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MyBankTracker

APRIL 13, 2021

Getting life insurance is a great way to secure your family’s future should you unexpectedly die early. While purchasing a life insurance policy isn’t difficult, figuring out what to buy can be. One question often pops up when people are buying life insurance. Life Insurance Rules of Thumb.

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MyBankTracker

APRIL 27, 2021

You may be wondering, should I buy child life insurance? Insurance salespeople may be pressuring you to buy insurance for your child when you’re considering purchasing your own policy. They say it will guarantee future insurability, could be used as an investment or may give you peace of mind.

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MyBankTracker

MAY 4, 2021

You probably received plenty of offers for mortgage protection insurance. But is mortgage protection insurance worth it? Or would a simple term life insurance policy be a better deal? For the vast majority of people, term life insurance will likely be the wiser choice. What is Mortgage Protection Insurance?

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MyBankTracker

SEPTEMBER 10, 2020

If your family members depend on you to keep a roof over their heads, you need life insurance. What nobody needs is life insurance fraud. So if you’re concerned about life insurance fraud, don’t worry (much). What is life insurance fraud? Types of life insurance frauds.

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MyBankTracker

SEPTEMBER 23, 2020

Life insurance offers a way to protect your loved ones financially. If you die, life insurance generally makes a death benefit payout to your beneficiaries. You have several types of life insurance to choose from. Some types of life insurance, such as term life insurance, are commonly issued.

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MyBankTracker

AUGUST 25, 2020

If you have a life insurance policy but you’ve debated whether you should get more, then you’re wondering if you need supplemental life insurance. But, supplemental life insurance is important, and if you’re underinsured, you just may need it. What is Supplemental Life Insurance?

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MyBankTracker

SEPTEMBER 11, 2020

Just about any type of life insurance policy you purchase will come with a provision known as a waiting period. It’s something that may be easy to gloss over, and it may not even be mentioned if you are working with an insurance agent. What is the Life Insurance Waiting Period?

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Perficient

APRIL 3, 2024

Insurers are constantly striving to improve their operations, provide better experiences for customers, and minimize risks. Monica Gernert, a project manager, and insurance expert at Perficient, provided a critical perspective around genAI that’s quoted in the report. This kind of intelligence proves the noble purpose of insurance.”

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MyBankTracker

JULY 22, 2020

Life insurance is an affordable tool to protect your family financially should you die. People need life insurance when they buy the policy. Life changes, though. At some point, it’s possible you may no longer need your life insurance policy. Switching types of insurance. Enough saved up.

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MyBankTracker

OCTOBER 20, 2020

Buying life insurance coverage to protect your loved ones financially is usually a smart move. What is a Life Insurance Rider? When you initially buy a life insurance policy, you may be able to add riders to it. When you initially buy a life insurance policy, you may be able to add riders to it.

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MyBankTracker

JULY 8, 2020

Life insurance is an integral part of your family’s financial plan. Life insurance can help protect your spouse, children and other loved ones. If they rely on your income, life insurance can replace it with a payout upon your death. Why Life Insurance Companies May Require Medical Exams.

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SWBC's LenderHub

SEPTEMBER 6, 2018

If you're looking for a unique benefit solution that will provide your financial institution's key executives with life insurance and supplemental retirement benefits, split-dollar life insurance fits the bill perfectly.

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MyBankTracker

APRIL 19, 2021

You’d think buying life insurance would be straightforward. After all, that’s what life insurance quote websites want you to think. Buying term life insurance or permanent life insurance can be straightforward if you want a plain vanilla policy. How Endorsements Generally Work.

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MyBankTracker

MAY 27, 2020

You may not think about life insurance much, but the idea of whether you can have multiple life insurance policies probably passes through your mind every once in a while. Maybe you already have life insurance for your family, but a radio or TV commercial comes on. And, they sure can be compelling.

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CB Insights

OCTOBER 26, 2020

The traditional underwriting process to buy life insurance is often painful for customers and costly for insurers. The post How Alternative Data Could Improve The Life Insurance Underwriting Process appeared first on CB Insights Research. Want the full expert post? Want the full expert post?

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MyBankTracker

APRIL 23, 2021

Life insurance helps you secure a financial future for your family should you unexpectedly pass away. Part of getting life insurance usually requires submitting to a medical exam and disclosing your health history. People with diabetes may be worried life insurance may be unaffordable. Term life insurance.

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MyBankTracker

JULY 6, 2020

You probably bought a life insurance policy to protect your family members. Life insurance proceeds can provide monetary security when your loved ones need it most. So how do you choose a life insurance beneficiary and how does it work? What Is a Life Insurance Beneficiary? Primary beneficiary.

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BankNXT

JULY 6, 2017

Life insurance incumbents shouldn't underestimate the innovation potential inherent in smart contracts, say Oliver Bussmann and Florian Herzog. Blockchain and life insurance – ripe pickings on BankNXT.

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MyBankTracker

JUNE 19, 2020

The two most basic types of life insurance policies are term and whole life. The life insurance industry has responded by rolling out more sophisticated cash value life insurance policies –one of which is universal life insurance. What is Universal Life Insurance?

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MyBankTracker

OCTOBER 30, 2020

There’s good news on the life insurance front for marijuana users – you can get a policy. Especially now that cannabis has become legal in many states, life insurance companies have opened their collective arms to this group. Why Do Marijuana Users Have Higher Life Insurance Rates? Smoking risk.

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MyBankTracker

SEPTEMBER 25, 2020

If you’re a smoker and you haven’t shopped for life insurance, you’ll be in for a big surprise. Even if you’re otherwise in excellent health, your smoking habit alone can cause your life insurance premium to multiply several times. Why Smokers Have Different Life Insurance Rates.

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Qudos Bank

JANUARY 17, 2022

This article has been prepared by NobleOak Life Limited ABN 85 087 648 708 AFSL No. FlexiCover Life Insurance is issued by NobleOak. Qudos Mutual Limited trading as Qudos Bank ABN 53 087 650 55 AFSL/Australian Credit Licence 238 305 (‘Qudos Bank’) is not responsible for the FlexiCover Life Insurance product.

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MyBankTracker

JUNE 19, 2020

While it’s common to think of life insurance as a single product, it actually comes in several different variations. The two most common: whole life and term life insurance policies. What is Whole Life Insurance? Your premiums will remain the same on an annual basis for the life of the policy.

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MyBankTracker

JUNE 15, 2020

While it’s common to think of life insurance as a single product, it actually comes in several different variations. The two most common: whole life and term life insurance policies. What is Whole Life Insurance? Your premiums will remain the same on an annual basis for the life of the policy.

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MyBankTracker

SEPTEMBER 4, 2020

Getting life insurance from a life insurance company can help protect the finances of your family members or anyone else with a financial interest in you being alive. When you take out a life insurance policy, you must name beneficiaries. A life insurance policy pays out to the beneficiaries when you die.

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Bank Innovation

JULY 3, 2016

We extended an invitation to the growing Fintech community and explained the concept in “Help us decode the Fintech Genome” This was done… Read more Wrap of Week #26: Daily Fintech Index, Brexit, Fintech recruiting, ASX IPOs, Life insurance & the FintechGenome.

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