Last week, Equifax, the largest credit reporting company, reported a major breach of its core database. It is by far the largest hack of its kind to date and is estimated to have impacted more than half of the U.S. population–more than 143 million people's records were accessed.
By now, most of you have heard all about this from every other news source on the planet, however, what does it mean for life insurance applications? Will there be any sort of fallout over this for life insurance?
We weigh in with our thoughts in episode 82.
Brantley is a practicing life insurance agent and has been for nearly 18 years. After years of trying to sell like his sales managers wanted him to, he discovered that people want to buy life insurance if you actually explain the benefits.
IPB 117: Why Are Life Insurance Companies Afraid to Communicate?
IPB 116: Life Insurance Policy Loan Pitfalls
IPB 115: Annuities Today, Life Insurance Tomorrow
IPB 113: The Stumbling Blunders of Accordia Life Insurance Company aka Global Atlantic