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

Prudential Shutting Down Assurance IQ

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.

Should Buying Life Insurance Be Your 2024 New Year’s Resolution?

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.

MassMutual To Shut Down Haven Life By Year-End

Filing a claim for life insurance is fairly straightforward. Here is a helpful step-by-step guide to what the claims process involves.

How To File a Life Insurance Claim: Your Step-by-Step Guide

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.

5 Excellent Tips For Preparing Your End-of-Life Finances

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.

Life Insurance Executives Shift Priorities [LIMRA Survey]

The best life insurance policies for children can guarantee insurability later in life

Can You Guarantee Your Children’s Insurability Later in Life?

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