Interest in life insurance has grown in the last year as a result of COVID-19 as people have realized that they have a clear need for life insurance. In fact, 31% of consumers said they are more likely to buy life insurance because of the pandemic as the 2021 Insurance Barometer Study by LifeHappens and LIMRA shows. It is easier than ever before to obtain coverage with more and more digital processes. Take a look at the new findings here!
Will a Business Owned Buy-Sell Life Insurance Policy Increase the Value of a Descendant’s Business Interest?
Situation: One of the chief concerns for owners of a closely held business is what will happen to the business if one of the owners can no longer continue. Surviving owners generally want to ensure a continuity of ownership and management without having the departing owner’s successor thrust upon them. Disabled or deceased owners want […]
A situation recently came across the desk of our advanced planning attorney that illustrates the distinct DBS advantage: we have the advanced resources that work for you and your clients! SITUATION A business owner wanted to set up a deferred compensation plan funded with life insurance for three people involved in the business but 2 […]
Diversified Brokerage Services Announces AppVantage, an Application Fulfillment Service to Simplify Life Insurance Sales for Advisors Minneapolis, MN – Diversified Brokerage Services (DBS) has launched AppVantage, a new life insurance application fulfillment service that gives financial professionals an easy, streamlined approach for their life insurance sales. AppVantage differentiates itself from other application fulfillment platforms in […]