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Too Cash Strapped for Longevity, Many Consumers also Lack Life Insurance

Published - 05/07/2012 12:00 AM

With age comes wisdom supposedly, but even as more Americans are living longer they are not financially prepared for their retirement years and also lack life insurance. According to the Centers for Disease Control (CDC), the average American’s life expectancy has increased to 75.7 years for men and 80.6 ... 

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MetLife reaches $40 million settlement with Florida regulators

Published - 04/25/2012 12:00 AM

State officials have a $40 million settlement with nine Metropolitan Life insurance companies regarding the location of life and annuity beneficiaries and the reporting of unclaimed property. The settlement could result in a return of more than $9 million to some 15,000 Florida policy owners holding low-value or industrial ... 

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Wrap Contracts Coming Back Strong Among Insurers

Published - 04/12/2012 12:00 AM

New York Life found that despite low interest rates, 50 percent of retirement-plan participants use stable value products, which are classified as principal preservation investment solutions. “Since the financial crisis of 2008, on average more than 20 percent of retirement assets have been invested in stable value investments and ... 

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Insurance Agents Charged In $100 Million Fraud Scheme

Published - 02/20/2012 11:00 PM

The Manhattan United States Attorney and the Federal Bureau of Investigation have charged three insurance agents with a $100 million fraud scheme involving stranger-owned life insurance or STOLI. Typically, people buying a life insurance policy have some relationship to the person being insured. In contrast, with STOLI arrangements, a ... 

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Is world outpacing U.S. on health care?

Published - 05/14/2012 12:00 AM

Even as Americans debate whether President Obama’s health-care law and its promise of guaranteed health coverage should be scrapped, many far less affluent nations are moving in the opposite direction — to provide medical insurance to all citizens. China, after years of underfunding health care, is on track to ... 

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Insurers must credit ObamaCare when giving new round of rebates, feds say

Published - 05/13/2012 12:00 AM

Health-insurance companies must tell customers who get a premium rebate this summer that the check is the result of the Obama administration's health-care law, according to federal guidelines released Friday. The move is the latest sign the Obama administration is trying to draw attention to the law's benefits ... 

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Most Workers Lack Disability Insurance, Survey Finds

Published - 05/01/2012 12:00 AM

Two-thirds of Americans who work in the private sector lack disability insurance, even though most workers say missing work for three months or more because of sickness or injury would cause “financial hardship,” a new survey finds. The survey was conducted for the Consumer Federation of America, a nonprofit ... 

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Short-term health insurance's limits noted

Published - 04/29/2012 12:00 AM

ST. PAUL, Minn. (UPI) -- Short-term health insurance policies are better than no coverage but people should be aware of their limitations, Minnesota's attorney general says. "Before you buy such a policy, keep in mind the policy is temporary. They are not renewable. At the expiration, the insurance company ... 

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Life & Health Insurance Products & Services

jeff group

Jeff Group - Top Agent Commissions - Life Settlement & Premium Financing at it's Best!

Jeff Group, At the JEFF Group we are dedicated to our clients. We believe that an insurance business is built on relationships. The JEFF Group team is committed to providing you with top priority service. We are staffed with experienced professionals who act as liaisons for you with our carriers, our associates gather all the necessary information and forms to help get cases approved and issued quickly. We process all applications quickly and efficiently, and mange cases until they are complete. It is our experienced and committed staff that separates us from our competitors. www.jeffgroup.com

BIPT Inc.

BIPT Inc.

iTiVA, our hosted Web-based policy and claims administration system, supports the full policy life cycle including quotation, rating, policy management, underwriting, claims, and accounting management.

TiVA allows carriers to extend their application process to agents in the field, streamline the underwriting process, and increase their competitiveness in the marketplace. For more information, visit www.BIPT.com

LIDP Consulting Services Inc.

LIDP Consulting Services Inc.

LIDP Consulting Services, Inc., with over 25 years experience developing, implementing, and supporting systems for the life, health and annuity industry is migrating to an ACORD compliant, component based, service oriented architecture, built on the J2EE enterprise platform.

The Administrator, LIDP's online, real-time, life, health, and annuity administration system supports large volumes, and is widely recognized as the industry's "first choice" for variable processing.

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