3 Mega Trends in the Life Insurance Industry Today! - Ep. 25
Join Stephanie Alper-Lisi and Robert Stuchiner as they explore 3 Mega Trends in the life insurance industry today!. On today’s show, we talk with Robert about how the pandemic has forced the life insurance industry to pivot. From the volatility of the stock market affecting life insurance markets, how the bond market plays a role in this and is there a reason to be optimistic, how the adoption of major technologies have positively impacted the life insurance industry and how the pandemic has affected underwriting. Learn more about how the pandemic has affected life insurance by contacting Synergy Life Brokerage at, www.SBKG.com.
00:00 Welcome to Synergy Thinking
00:39 What are the three major trends affecting life insurance markets during the time of Covid
01:23 Why is the volatility of the stock market affecting life insurance markets
03:26 How does the bond market play a role in this and is there a reason to be optimistic?
05:03 Why is the adoption of major technologies the second major trend? Is this positive or negative?
08:03 How has the ability to work from home only enhanced life insurance businesses
11:55 How is the pandemic affected underwriting?
13:53 What are the two requirements for life insurance policy without fluids?
15:52 How will the cost of premiums and term policies be impacted?