In just six months, the Department of Veterans Affairs will introduce a new life insurance coverage for veterans with any degree of the disability rating.
COVID-19 forced companies to develop new methods for interacting with consumers, while consumers continue to appreciate personal service despite having a more significant number of options to choose from.
Coroner Mark Hammond had to track down the next of kin for an older woman who died from illness in a hotel in Boyd County, Ky.
USAA Life Insurance Company (USAA Life) has announced that its new digital life insurance product, which requires no medical examination, is now available in 47 states due to an increasing interest in a simplified application process and lower prices.
There are new consequences for thousands of Air National Guardsmen who aren't vaccinated against COVID-19.
The leader of life insurance company OneAmerica Financial recently said that death rates have increased by about 40% when compared to pre-pandemic levels among adults who are of working age.
In response to veteran advocacy and recent legislation, the Department of Veterans Affairs (VA) will begin offering Veterans Affairs Life Insurance (VALI) as of Jan. 1, 2023. The new benefit will help thousands of disabled veterans who may have missed the chance to buy life insurance and now wish to protect their loved ones.
Putative class action lawsuits were filed by retirees of Allstate Insurance Company, alleging the company terminated their life insurance benefits and that it made untruthful representations about what the policy meant to them in violation of ERISA Section 502(a)(1)(B).
Following the devastating storms and tornadoes that impacted several states throughout the Midwest and South, New York Life has committed $150,000 to disaster response organizations in Arkansas, Illinois, Kentucky, Mississippi, Missouri, and Tennessee, as well as $100,000 to New York Life's Emergency Assistance Fund.
Due to COVID-19, consumer acceptance of digitization has accelerated over the past two years. This has greatly impacted accelerated business practices of insurance carriers throughout the industry.
COVID-19 did not impact the life insurance industry the way some were expecting, but it did result in the highest ever number of payments to beneficiaries.
One-stop insurance comparison site Policygenius recently announced the release of its Life Insurance Price Index for December, which displays the average monthly life insurance rates based on current rates from leading life insurance companies.