What to Know About Disability Insurance

disability insuranceInsurance industry has so many plans that are nôt well known by the costumers and disability insurance is one of them.

In a very explainatory article published at the Wall Street Journal, Glenn Ruffenach shows us all we need to know about this type of insurance.

Planning for retirement can be a daunting process that raises a host of questions. So we have introduced Ask Encore as a regular feature in the Investing in Funds & ETFs and Wealth Management reports.

Written by Glenn Ruffenach, a former reporter and editor for The Wall Street Journal, and co-author of “The Wall Street Journal Complete Retirement Guidebook,” the column examines financial issues for those thinking about, planning and living their retirement. We welcome your questions and comments at askencore@wsj.com.

Continue reading

How Mobile Technology Can Help The Insurance Industry?

<a class='interlink' href='http://insuranceallabout.com/insurance-will-always-stay-insurance/'><a class='interlink' href='http://insuranceallabout.com/insurance-will-always-stay-insurance/'>insurance industry</a></a>Technology development seems to have no limits but, how mobile technology can help the insurance industry to overcome cost and security challenges?

With the time, the technological innovation is at its peak, and mobile devices are no exception.

Mobile devices have now transformed into the invincible machines, having an extensive memory with faster core processors, large display screen, modern location tracking system.

All these features are sufficient to turn a simple phone into a multitasking device while unlocking the mobile applications’ market potential.

The increasing capabilities of smart phones have open up the new inlets to various industries that ranges from medical to insurance to agriculture.

Over a decade, Insurance industry has grown at a compounded growth, but still there are several issues obstructing the expansion of the sector.

Continue reading

Value of Insurance industry to Society

<a class='interlink' href='http://insuranceallabout.com/insurance-will-always-stay-insurance/'>Insurance industry</a>

¿What is the perception of the insurance industry value to society?

Asia Insurance Review, as the voice of insurance in Asia, is hosting an international summit to recognize and salute the role of insurance industry in daily life, the economy, society and nation-building.

This Summit aims to provide a platform for insurers and users of insurance to come together to see what more the insurance industry can do to better serve individuals, corporates and society while taking stock of its current strengths and weaknesses.

Summit is being held in Singapore on 29th and 30th April, 2015 in Singapore at the Grand Hyatt.

You could find more relevant details through the below link:

http://www.asiainsurancereview.com/downloads/Prakash/15-AnniversarySummitInsuranceSociety.pdf

Continue reading

Liberals gleefully berate ‘whining losers’ forced to switch health plans

Liberals gleefully berate ‘whining losers’ forced to switch health plansInsurance Health Plans are generating a great controversy  around the world, and the U.S. is not far from that.

While goverments around the world are attempting to implement sustainable health plans , the insurance industry appears to have no intention to change its policies regarding health insurance plans.

I want to share with you this interesting point of view:

Continue reading

Insurance Will Always Stay As Insurance

InsuranceWith regards to one of the current hottest topic in the financial industry is “Insurance” vs “Investment”. If you were to ask me, in my opinion and being in this industry, I would say that Insurance is never an Investment. It is totally two different things.

So, I cannot believe how my peers in this industry actually go out there, acting as an Investment Professional, hard-selling products as Investment Product towards clients. In my very own opinion, I would say that this practise can be regarded as mis-selling.

Why? Why is a question you would ask me? We are professionals to design and cater for the assurance needs of the client and not investment needs. Although we have an option for clients which are called “Invesment-Linked Policies”, our priority is to cater for the client’s assurance or protection needs, investment needs is secondary.

Continue reading