News. Insights. Analysis. Inspiration.
Today's Key Question:
Are you concerned about market volatility? Are you aware of how Fixed Index Universal Life Insurance can help you stabilize your holdings?
See the article below from Broker World.
"Identifying and Protecting the At-Risk Worker"
* Businesses planning for COVID-19-related reopenings must deal with numerous employee and workplace risk factors, as well as regulatory guidance that seems to evolve on a weekly, if not daily, basis. The stakes are higher than ever, and employers have no choice but to get it right the first time.
Here are some ways to identify and protect the at-risk worker, as well as the general public and your own organization, while staying within legal and regulatory guidelines.
"If the Black Crowes Adapted to Ecommerce During the Pandemic, So Can You"
* Yeah, I would say the first thing this has helped me to realize is costs. When you strike a deal with Live Nation for 50 shows and you look at your grosses and start doing your budgets and paying bus companies and staging and lighting and sound and crew, it definitely makes you look at everything. You know: Do we have to pay this that much? If we're all taking haircuts next year or the next couple of years until the live business gets back to where we think it's going to go — and we all think it's going to get stronger once this passes — what it's done is make me look at all of our numbers. I was maybe not paying as much attention as I should. It's led me to really dig down deep and look at everything and kind of pinch every penny, cause you have to.
"Social Security’s Funding Crisis Has Arrived"
*The increased woes from the pandemic may finally force Washington to act, as costs will probably balloon to the point that the fiction of a self-funding Trust Fund is abandoned and Social Security benefits are paid directly by the Treasury. That would eliminate any protections Social Security has from politics, but concerns about the resulting jump in the federal budget deficit would mount. Payroll taxes on higher incomes and perhaps capital gains as well would be used to redistribute income downward.
"How Fixed Index Universal Life Insurance Policies Can Help Provide A Level Of Stability In Volatile Markets"
As clients deal with the economic fallout of the COVID-19 pandemic, many may be looking for ways to diversify their portfolios in order to be better prepared for market volatility going forward. In fact, a recent Allianz Life study* found that over seven in 10 (72 percent) say the impacts of the COVID-19 pandemic are making them rethink how to protect their savings from volatility.
One important product that may help provide the protection and a level of stability that many seem to be looking for after the end of the longest bull run in history is a fixed index universal life insurance (FIUL) policy. Not only do these products provide consumers with death benefit protection, but also accumulation potential, flexibility for the future, and features that can help protect against ongoing market volatility.
Here's a short video from Steve on how you can purchase insurance in these changing times....Watch Here