Nearly 30 percent of small businesses with a retirement plan say they would likely drop their plan, and nearly half would likely eliminate their employer contribution, if the Department of Labor's reproposed redefinition of fiduciary under the Employee Retirement Income Security Act goes into effect according to a recent survey.
May is Disability Insurance Awareness Month, the month-long campaign spearheaded by Life Happens to promote the benefits of disability income insurance among consumers. The DIAM campaign is the perfect platform you need to talk to your clients and prospects about this important coverage.
Average health care costs for middle-income retirees are on a path to exceed their Social Security benefits, according to a newly created Retirement Health Care Cost Index.
LIMRA and Life Happens released findings from the 2014 Insurance Barometer wherein consumers were asked how long it would take to feel the financial impact from the loss of a primary wage earner. More than half said they would feel the impact within a year; 47 percent of them in only six months.