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Insurers Can Close The Coverage Gap While Helping Underserved Groups

Insurers Can Close The Coverage Gap While Helping Underserved Groups
insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.

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An Ally For Life — With Ebony Ruffin - InsuranceNewsNet


An Ally For Life With Ebony Ruffin
Ebony Ruffin was back home after graduating from Auburn University when she discovered a piece of mail that eventually led to her life’s passion.
“I found an envelope addressed to me, and I thought, ‘OK, I can open this,’” she said. “And then I saw it was a life insurance statement. But I saw there was cash value in the account, and I didn’t know what it meant. I told my mom I didn’t know I had money in my name, and she explained she had taken out life insurance for me when I went to college. And she went on to explain the different types of life insurance, and she explained why the money was there. But she also told me the importance of letting it sit there because I might need it later in life.” ....

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Annuities Give Retirees A Lifetime Of Spending


Annuities Give Retirees A Lifetime Of Spending
When advisors talk to their clients about annuities, the conversation usually centers on creating guaranteed lifetime income. But many clients might be more responsive to annuities if advisors turned the conversation around to discuss ways annuities can help clients spend more money in retirement.
That was the word from Harry Stout, founder of the FinancialVerse Organization and author of several books on annuities. Stout spoke at a recent webinar sponsored by the National Association for Fixed Annuities.
“I find that many people relate better to lifetime spending than they do to lifetime income. It gets back to our culture,” he said. ....

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