24/7 Wall St. recently reviewed the largest industry in each state based on total GDP contribution from the U.S. Bureau of Economic Analysis. Turns out “insurance carriers and related activities” is the biggest industry in nine states, when you exclude the real estate and government sectors. That trailed only “Ambulatory Health Care Services,” which was the leading industry in 16 states. The oil and gas extraction industry was the largest industry in eight states. In the vast majority of states, the real estate sector is the largest contributor to GDP and was sector was excluded from the analysis, as housing is a universal need irrespective of geography and fails to illuminate regional economic differences. The government sector was excluded for similar reasons. Many jobs are
The majority of Americans who don’t have life insurance know they should, but have a variety of excuses for either not pulling the trigger or justifying their decision to pass on it. Life insurance is something most people are uncomfortable talking about, but it’s far too important to put off. With September being Life Insurance Awareness Month, Erie Insurance compiled the following list of the most common reasons people delay buying life insurance and perspective on why they could be making a big mistake. Life insurance agents run into these objections all the time, but helping potential clients understand the facts may turn procrastinators into buyers. “It’s too expensive.” Cost is the No. 1 reason people don’t have life insurance. A study from Life Happens and LIMRA shows
The National Association of Insurance Commissioners (NAIC) Life Insurance Policy Locator continues to connect consumers with lost life insurance. Each year, millions of dollars in life insurance benefits go unclaimed by beneficiaries who can’t find their deceased loved ones’ policies or in some cases may not even know the policies exist. That’s where the Life Insurance Policy Locator comes in. The free online tool, maintained by the NAIC, has received 145,432 requests which have led to 46,665 matches of lost or misplaced life insurance policies or annuities with claim amounts of $650,520,451 being reported by companies through July 31, 2019, since its November 2016 launch, according to a Sept. 11 release from the NAIC. “Losing a loved one is often a painful, chaotic time. Ben
The amount of rich individuals buying life insurance programs has been on the increase. Despite the fact that they have enough resources for leave to their beneficiaries, the wealthy still consider life coverage strategy as an advantageous endeavor for making more riches. On the off chance that you are asking why these days the rich are utilizing life insurance as an avenue for wealth creation, this article will help you. Here are 7 valid justifications why the rich use life insurance to make money. 1. Acquire profits that are tax-free. With an appropriately structured entire life insurance arrangement, the rich can win yearly profits that are free from assessments. Along these lines, they can gather more cash and thus grow wealthier. Nonetheless, what one gets as profits ...
Nigeria’s Aliko Dangote has retained his place as the richest man in Africa. Dangote remain number one on the newly released Forbes’ list of African billionaires. He however, lost almost $2bn compared to his last year’s worth. The list was released on Wednesday. Dangote’s estimated $10.3 billion net worth is nearly $2 billion less than a year ago. Another Nigerian, Folorunsho Alakija was one of the billionaires, who suffered a drop in their net worth between last year and this year, as she held No 19 on the 20-man list. The rating magazine report that, Alakija’s net worth dropped due to a decline in the value of one of Nigeria’s most productive oil fields. However, Mike Adenuga, the owner of Globacom, emerged Africa’s second richest man. He is worth an estimated $
The captions and details regarding the Trump government’s blacklisting of Huawei have been coming in quick and furious over the past week. Here’s an explanation of how the story has been uncovered. Wednesday, May 15: The Trump government adds Huawei to the U.S. Department of Commerce’s Entity List via government order, thereby banning the corporate as so much as U.S. firms are involved. Sunday, May 19: Google openly states it'll adapt the administration’s order: “We are adhering with the order and reviewing the implications. For users of our services, Google Play and the security protections from Google Play Protect can still operate on existing Huawei devices. Huawei will solely be able to use the general public version of android and can not be able to get access to proprie
Highest paying job in Nigeria: it's vital for you to have a good orientation before selecting a course if you would like to make it massive in life. There are some high paying jobs within the society and it might be entirely useless for you to waste most time in the university over a course that's not profitable. Of what use is it to pay heavily for education if the discipline wouldn't yield high returns within the long run? High earnings doesn't hurt anyone as the majority dream of excellent jobs that may settle them financially and facilitate them live the lives they need dream of living. It will shock you to learn that there are some high paying jobs within the country; these are the sort of jobs that place you on top of the common salary earners. Here, one will afford to be very ...