Welcome to our insurance knowledge center. We've gathered some valuable resources to educate our clients on the products we offer to ensure a fast, easy for you process.
Industry estimates are that 25% of assets under management are those of baby-boomer investors now reaching the age of 75. Not only are assets likely to be moved, but investors are more likely to begin showing signs of dementia or other decreased mental acuity. It is a fact they are prone to poor decision-making and are vulnerable to exploitation. Schwab, Fidelity, and Vanguard have implemented algorithms to spot these trends.
The registered representative, who is also an insurance agent, had a decades-long relationship with the clients, an elderly husband and wife. The clients had three annuities with the agent. When it came time to annuitize, there was an error in the paperwork resulting in the potential loss of benefits of approximately $2,000 per month for life for both the husband and wife.
What about your unconventional risks? If you have a large or fast boat, ATV, RV or Trailer, short-term rental property or investment property under construction you may have inadequate insurance. Today, the most common types of insurance for your car, home, health, life, or disability, usually do not provide the most comprehensive coverage for unique needs.
The world has changed in a myriad of ways as a result of the COVID-19 pandemic, from children kept out of school for months on end to previously busy restaurants and shops boarding up their doors and hoping for better times ahead. While this time has been difficult for millions, some people have profited – namely the Cyber Criminals who stalk the internet in search of easy victims.