#life-insurance

#life-insurance

If filmmaker Matt Nadel is being honest, when he first set out to make a film about the viatical settlement industry, he had planned for it to be a "dad-bashing doc," he says with a tentative laugh. In 2020, he had discovered that his father Phil had once bought into the industry which, during the early 1990s at the peak of the AIDS crisis, profited by purchasing the life insurance policies of people with the illness in exchange for a portion of the payout up front.

while 90% of policies are sold through financial advisors, these professionals navigate a fragmented ecosystem of over 10 disconnected legacy tools, each handling separate aspects of quoting, underwriting, and case management. This operational complexity translates into a six-month average policy cycle time for permanent life insurance, creating friction at every stage of the client journey and limiting advisors' capacity to serve their clients effectively. Modern Life addresses this systemic inefficiency by consolidating the entire life insurance workflow into a single AI-powered platform that enables advisors to instantly quote across 30+ carriers, receive underwriting decisions in minutes rather than weeks through its Express Decision capability.

With a dozen New York Times best sellers, an Emmy winning television show, and a widely followed podcast, Suze Orman has built a media empire by sharing her signature approach to personal finance and money management. From Broke Restaurateur to Financial Advice Queen Orman developed her financial expertise the hard way. After borrowing $50,000 to open a restaurant, she lost the entire sum when a Merrill Lynch broker placed her money into risky options trades without her consent.

IUL policies combine life insurance with an investment component, linking cash value to market index performance, offering tax-deferred growth and potentially better returns.