News. Insights. Analysis. Inspiration.
Today's Key Question:
Do you know people with cardiac issues who have had trouble getting life insurance?
The article below from Broker World could help them understand how underwriting could work in their favor.
"5 Considerations for Managing an Inheritance"
* The period leading up to and shortly after losing a close relative is often one of the most emotionally demanding times we, as humans, experience. The crippling grief of loss, coupled with the toll of anticipatory grief, can make it difficult to think clearly and function effectively. When an inheritance is involved, it is especially important to be a responsible steward of the money you've received and do your best to integrate new funds into your broader financial plan. Below, you'll find four considerations for managing inherited money.
"Why Some Restaurant Chains Are Ramping Up Their Loyalty Programs During This Crisis"
* Still, plenty of executives believe a strong loyalty program can mean the difference between concepts that thrive in this crisis, and those that merely survive.
Consider Panera’s coffee subscription program, for example. It launched shortly before the pandemic, which all but halted the breakfast daypart, but that hasn’t stopped customers from signing up in droves. The company credits its loyalty program–40 million strong–for generating such interest.
“Even in Tough Times, These Companies Are Set on Reinvention”
* Still, the job creators of the Inc. 5000 just keep going. At presstime, only 11 percent had cut staff since March, while 47 percent were landing talent let loose by others. And for every CEO reporting a sales decline, another is seeing an uptick. In July, 80 percent were anticipating profitability for 2020.
But what's most striking about this year's class is how many companies are remaking themselves.
"Going Down The Cardiac Decision Tree"
* When cardiac events occur, such as a heart attack or the need for a revascularization procedure, there is quantifiable risk that can be identified and priced for. Likelihood of further cardiac damage, arrhythmias, contribution of concurrent risk factors and estimates of cardiac reserve post damage help paint a picture for future assessment. Sometimes though, cardiac testing in advance of a definitive event helps insurers to evaluate if future problems are in the cards or, on the contrary, whether a positive test may not necessarily have an adverse outcome.
Here's a short video from Steve on how you can purchase insurance in these changing times....Watch Here