As it enters its third decade, the life settlements industry continues to gain attention as an alternate asset class for individuals and financial services companies to consider when developing investment strategies. Life settlement product structures can vary…
One of the more common myths of our time is that the standard insurance policy is a shield against losses. It forgets two key facts. The first is the way insurers calculate the amount of the loss. In the case of a vehicle or the contents of our homes, this is not the retail price for replacing what has been damaged. It’s more usually the current market value. The reason is simple. Under normal circumstances, we cannot be better off as a result of a claim. Take the average piece of furniture in our homes. It has been standing there for months, if not years. It has been used, and there will be signs of wear and tear. If the insurer was to replace the old with new, we would benefit. Thus, whenever we buy something new, it almost immediately st … insurance
LTC Insurance Will become a Key New Employee Benefit after the CLASS Act, Part of Health Reform, Goes into Effect in January, Industry Leader Predicts
Kirkland, WA, October 26, 2010 – A new employee benefit is coming for millions of American employees: access to affordable long-term care insurance (LTCI). So says Dan Cahn, an industry expert…
