Thursday, August 16, 2007
Insurance: The New Wealth Transfer Tool
As the baby boomer population begins its move from amassing wealth to distributing assets, financial service providers are chomping at the bit to properly service its changing needs.
This shift in focus has also been a boon for the insurance industry, as the affluent and high-net-worth segments of this demographic are looking to do more than merely pass along an inheritance or reap the potential tax benefits sometimes associated with insurance. These clients are also out to manage risk--the risk of having an extra-long life.
Insurance: The New Wealth Transfer Tool
Source: On Wall Street
This shift in focus has also been a boon for the insurance industry, as the affluent and high-net-worth segments of this demographic are looking to do more than merely pass along an inheritance or reap the potential tax benefits sometimes associated with insurance. These clients are also out to manage risk--the risk of having an extra-long life.
Insurance: The New Wealth Transfer Tool
Source: On Wall Street
Permalink posted by armandn @ 12:37 PM 
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