Insurance giant Prudential is shutting down Assurance IQ, five years after spending $2.35 billion to acquire the under-the-radar tech startup.
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Prudential Shutting Down Assurance IQ

Insurance giant Prudential is shutting down Assurance IQ, five years after spending $2.35 billion to acquire the under-the-radar tech startup based in the Seattle region. Prudential noted in its first quarter earnings report on Tuesday that it “decided to exit” the Assurance business. The company confirmed the shutdown in a statement to GeekWire.

Here are three reasons why applying for life insurance — or making sure you have enough coverage —should be at the top of your list of New Year’s resolutions for 2024.
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Should Buying Life Insurance Be Your 2024 New Year’s Resolution?

Here are three reasons why applying for life insurance — or making sure you have enough coverage —should be at the top of your list of New Year’s resolutions for 2024.

Haven Life has been known for providing Americans with straightforward and cost-effective insurance options. Yet, like many in the direct-to-consumer life insurance sector, it has encountered obstacles such as limited customer adoption and the high expenses of acquiring new customers. These challenges, along with a strategic pivot to concentrate on more aligned and valuable initiatives for their policyholders, have prompted MassMutual to wind down operations.
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MassMutual To Shut Down Haven Life By Year-End

Haven Life has been known for providing Americans with straightforward and cost-effective insurance options. Yet, like many in the direct-to-consumer life insurance sector, it has encountered obstacles such as limited customer adoption and the high expenses of acquiring new customers. These challenges, along with a strategic pivot to concentrate on more aligned and valuable initiatives for their policyholders, have prompted MassMutual to wind down operations.

Filing a claim for life insurance is fairly straightforward. Here is a helpful step-by-step guide to what the claims process involves.
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How To File a Life Insurance Claim: Your Step-by-Step Guide

Filing a claim for life insurance is a fairly straightforward process. Here is a Step-by-Step Guide to what the claims process involves.

Too often, families are left unsure of the way forward when grieving the loss of a loved one, as plans for their final arrangements and corresponding finances are left unsettled before their passing. Taking a proactive approach to end-of-life planning can help ease these burdens. While this can feel like a somber task, it can help ensure your wishes are met & support a smoother transition for your survivors.
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5 Excellent Tips For Preparing Your End-of-Life Finances

Too often, families are left unsure of the way forward when grieving the loss of a loved one, as plans for their final arrangements and corresponding finances are left unsettled before their passing. Taking a proactive approach to end-of-life planning can help ease these burdens. While this can feel like a somber task, it can help ensure your wishes are met & support a smoother transition for your survivors.

A new study reveals profitable growth is the most important challenge on the minds of C-suite executives in the life insurance industry, followed closely by talent management. When the same study was conducted in 2019, change management was what kept executives up at night. By 2021, as companies were forced to meet customers’ changing needs, executives’ focus shifted to technology.
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Life Insurance Executives Shift Priorities [LIMRA Survey]

A new study reveals profitable growth is the most important challenge on the minds of C-suite executives in the life insurance industry, followed closely by talent management.

When the same study was conducted in 2019, change management was what kept executives up at night. By 2021, as companies were forced to meet customers’ changing needs, executives’ focus shifted to technology.

The best life insurance policies for children can guarantee insurability later in life
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Can You Guarantee Your Children’s Insurability Later in Life?

CNBC Select analyzed many major insurers that offer life insurance for children, considering the financial strength ratings, customer satisfaction ratings, coverage limits, age limits and more to find the best policies to cover children.

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Life Insurance Application Activity [MIB Life Index: Q3-2023]

Q3 2023 Life Insurance Application Activity. The MIB Life Index provides insights into trends in application activity for individually underwritten life insurance. The report examines activity levels by age group, product type and face amount, and provides quarterly, monthly, and year-to-date comparisons.