Brooke Insurance Recognizes Life Insurance Awareness Month.Agency says investments in life insurance policies continue to grow OVERLAND PARK Overland Park, city (1990 pop. 111,790), Johnson co., NE Kans., a residential suburb of Kansas City; inc. 1960. There is printing and publishing, and the manufacture of apparel, aircraft parts, cement, prepared foods, salt, chemicals, marine accessories, and signs. , Kan. -- Brooke Insurance agencies, independently owned and operated franchises of Brooke Franchise Corporation, will join other insurance agencies across the country in recognizing Life Insurance Awareness Month this September. The Brooke agencies are pleased to offer information on the growing trend of life insurance policies. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. LOMA lo´ma n. 1. (Zool.) A lobe; a membranous fringe or flap. - an international association, through which insurance and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. companies throughout the world engage in research and education activities to improve company operations - the market for life settlements could reach $160 billion within the next several years, making this a hot topic of suitability, compliance, and ethical debate. "This just goes to show that more people realize the necessity and importance of a life insurance policy," said Kyle Garst, chief executive officer of Brooke Franchise Corporation. "The life insurance industry has steadily been experiencing growth and we see the trend continuing to prosper for years to come." Recent studies conducted by LOMA indicate several factors causing growth in the life insurance industry. The sales in these types of insurance policies are strong; especially since members of the baby boomer baby boomer also ba·by-boom·er n. A member of a baby-boom generation. Noun 1. baby boomer - a member of the baby boom generation in the 1950s; "they expanded the schools for a generation of baby boomers" boomer generation will soon be retiring, presenting great opportunities for the industry. Additional factors include regulation and legislation, including the optional federal charter, reform or repeal The Annulment or abrogation of a previously existing statute by the enactment of a later law that revokes the former law. The revocation of the law can either be done through an express repeal of the estate tax, principle-based reserve requirements Reserve Requirements Requirements regarding the amount of funds that banks must hold in reserve against deposits made by their customers. This money must be in the bank's vaults or at the closest Federal Reserve Bank. and annuity annuity: see insurance. annuity Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities. disclosures. Deciding on how much and what type of life insurance to buy is one of the most important financial decisions people make, but that decision can also be very complicated, Garst said. Therefore, it is vital to choose an insurance agent that will conduct a thorough analysis on your needs and offer the best recommendations. "One of the benefits of working with a Brooke agent is that he or she has access to a number of the country's top insurance companies," Garst added. "This allows them to offer their clients many different coverage options from which they can pick the plan that best suits each client's insurance needs." For more information, contact your local Brooke Insurance agent by calling toll free, 866-77-AGENT. powered by Grassroots Newswire(TM) (c) 2007 eNR Services, Inc. All rights reserved. |
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