Life Insurance After Your Kids Are Grown
November 26, 2019 by Michael F. Kay
Get ready for this—the life insurance industry is planning to target all of us.
I’ve just been looking at a new study from the insurance research firm Conning, which says pressures are weighing on the life insurance industry to innovate and use technology for such purposes as mining customer data. Soon you might be receiving a sales pitch about some new kind of policy designed with you in mind.
The study, titled “InsurTech and Other Innovation Drivers: Life Insurance Starts to Catch Up,” started me thinking about all the conversations I’ve had with clients that have revolved around who needs life insurance and when.