Life’s Possibilities

Latest Stories

The Miracle of Life Insurance

By Maury Stewart | September 19, 2017

Life insurance is an amazing invention. It truly is a miracle, and here’s why. Life insurance is the only financial instrument I know of where, with a few strokes of a pen and a few pennies per thousand dollars of death benefit, you can create an estate immediately.

GoFundMe Doesn’t Replace Planning – or Life Insurance

By William Stevens | September 12, 2017

The crowdfunding website GoFundMe says it has raised $4 billion for people in need, helping to build funds that go toward final expenses and raising money for surviving family members. While it’s great to see an outpouring of love and support for people in a time of need, I hope that people don’t come to see GoFundMe as a replacement for life insurance.

Yes, Millennials Can Qualify for Life Insurance

By Raymond Caucci | September 5, 2017

According to research by LIMRA , 41 percent of millennials think they don’t qualify for life insurance. I find that shocking, and I take it as a challenge. We in the insurance industry need to do a better job communicating the value of life insurance to younger generations. Ironically, millennials are probably among the best possible candidates for life insurance.

Using Life Insurance to Fund College

By Nicholas Hoeschel | August 15, 2017

Saving for college is an excellent strategy, but parents often don’t realize that there are some ways to save that are better than others. There are times when having too much savings can reduce your child’s chances of qualifying for financial aid for college. In addition to the death benefit protection it provides, life insurance can be useful in helping to fund college.

Life Insurance Remains a Strong Source of Stability in an Uncertain Tax Environment

By Eva Victor | May 30, 2017

Just as estate planning has changed in recent years, so has the use of life insurance in estate planning. Life insurance can effectively serve multiple purposes and objectives in an estate plan, and has more uses beyond simply providing a death benefit to pay estate taxes.

What to Expect When Working with a Financial Adviser

By Michael Hartman, RICP® | May 9, 2017

I recently led a Lunch and Learn session for the associates at Penn Mutual’s home office on what to expect when working with a financial adviser. The session was very popular, which shows that people everywhere – even those who work at a life insurance company – have similar questions and concerns about working with an adviser.

Putting the Power of Storytelling Behind the Power of Life Insurance

By Jeffrey Fleischman | March 21, 2017

The life insurance industry has not done a very good job at telling its story effectively. Although people recognize the importance of having life insurance, few fully understand what it can do for them, or even how much they need. One way to close this gap is to use storytelling through the experience of advisers and clients.

Why Buy Life Insurance After Age 65?

By Raymond Caucci | February 1, 2017

While life insurance is sometimes seen as something only young people need – when someone has a young family, a mortgage, and an income to protect – people over age 65 are increasingly looking to buy life insurance. Here’s why that makes sense.

People Think Life Insurance Makes a Great Gift. Really.

By Stacey Fabricant | December 20, 2016

Give the gift of life insurance. We were more than a little surprised about the results of our latest national survey of 1,600 people, asking them what made a great holiday gift. It turns out that people think the gift of life insurance is a wonderful idea!

Is Your Employer-Provided Life Insurance Enough?

By Raymond Caucci | December 6, 2016

The group life insurance provided by your employer is certainly an attractive option. You get it for free (or for just the income tax on the economic benefit of coverage over $50,000), and there are no medical evaluations. But is this insurance really enough? There are five reasons that employer-sponsored group insurance may not be enough.