Recently, our employees stepped up to raise awareness for life insurance at our Kansas City facility during an employee “fun” walk and vendor fair. The Life Insurance Awareness Month #Steps2Protect walk gave employees a chance to partake in some healthy exercise and talk to vendors like insurance agents, the fire department and health coaches about ways to protect their loved ones.

According to the 2017 Insurance Barometer study, 41% of Americans still do not have any life insurance. ExamOne is a proud supporter of Life Insurance Awareness Month and we are using this time to help change that statistic by educating individuals on the necessary steps to protect their family with life insurance. Our own employees have shared stories about how life insurance impacted their families.

“My brother’s life insurance policy brought us tremendous relief and the comfort of knowing we had the funds needed and that his children would be taken care of. No one thinks that at the age of 38 they would have to deal with a sudden death. His policy was a blessing to our family and his children at a very difficult time in our lives.  We are so thankful he was thoughtful enough to obtain life insurance at a young age and learned that the perfect time to do this is NOW and not sometime down the road.” – Quest employee

In addition to events like the walk in Lenexa, KS and our offices in San Diego and Lee’s Summit, MO, ExamOne is promoting life insurance with an awareness video and sponsoring a scholarship with the Life Happens foundation this year. The foundation receives hundreds of applications each year from students sharing their stories on how life insurance affected them–either through the benefit or the lack of it. Our leadership team will review a selection of candidates and choose one to receive a $5,000 college scholarship.

“We are honored to participate in such an important program and hope it will make a difference in the next chapter of these young lives.” -Troy Hartman, ExamOne President

ExamOne encourages everyone to take steps to protect their loved ones. Visit MyExamOne.com/Steps to find out other ways to protect your family and to send a friendly email reminder to someone you know that may need life insurance.

How much does life insurance cost a Millennial?

by Beth Millay on August 23, 2017

I recently shared something very private in a very public forum. It may even be something you do, too. No, it wasn’t a deep dark secret – it was my monthly subscription spending! Yes, I’m that person. I have gym memberships, product deliveries, online movie service and several other monthly fees that totaled more than $200 per month.

Subscription generation
My financial habits were put on display recently during a webinar ExamOne hosted about Millennial purchasing trends. Since I was born between 1981 and 1998 and am a Millennial myself, I shared this information to give a first-hand glimpse into my spending habits.

We have been called the “subscription generation,” but do you know what isn’t on many Millennials’ monthly spending list? A monthly life insurance premium isn’t always a priority. Why is that? According to the 2017 Insurance Barometer study*, three out of four millennials (73%) overestimate the cost of life insurance. On average, they incorrectly assume life insurance costs three times more than it does. This misperception is likely dissuading them from considering becoming protected by life insurance.

Life insurance probably isn’t as expensive as we think
Life Happens states that a healthy 30-year-old can get a 20-year $250,000 term life insurance policy for about $13 a month. Most of my disposable monthly fees are around that price, but to be honest I didn’t realize it was as comparable as it is. I also think many younger people don’t realize that they could be getting the best rates and coverage when young and healthy.

Another thing I found interesting in my research was that 50% of Millennials say no one has approached them to buy life insurance. Yes, my generation conducts most research online, has high customer service expectations, and can be picky about brands we buy, but we also appreciate advice from an expert. The Insurance Barometer study found 42% of Millennials surveyed want to buy life insurance through an agent or advisor.

Talk to me about life insurance
So instead of making fun of the box full of outfits, toys and treats for their pets some Millennials have delivered to their door every month, engage us in a conversation about how life insurance is an important step in our financial maturity. Show us the importance and affordability of such a decision. It’s a subscription for protection. I’ll buy that.

For more purchasing and laboratory trends of the largest generation in our history, watch our on-demand webinar.  You will see insight behind my (now very public) list of monthly Millennial “necessities” and how my generation decides where to spend our money.

* The 2017 Insurance Barometer study, conducted by LIMRA and Life Happens

Join together on World Hepatitis Day

July 28, 2017 Applicants

Each summer, the World Health Organization commemorates World Hepatitis Day on July 28 to spread awareness and understanding of the disease and its impact. Hepatitis is one of the world’s leading causes of death, and there are 325 million people living with the disease. That is why it is important for the world to join […]

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Gain peace of mind on National Insurance Day

June 26, 2017 Applicants

National Insurance Day is recognized this year on Wednesday, June 28.  It is a great opportunity to review current life insurance coverage or obtain new insurance. Life and disability insurance can offer peace of mind in the face of financial catastrophe due to illness, injury or even death. The truth is that life insurance is probably […]

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Join us for a summer road trip

June 21, 2017 #Committed2 You

Our industry is built on relationships. The relationships that carriers, agents, and brokers have with their clients, and the relationships between vendors and partners like us. For our part, we are committed to bringing the most value that we can to these relationships. From our sales representatives in the field to the operational teams in […]

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Introducing ExamOne Health Solutions

March 10, 2017 Uncategorized

For nearly five decades, ExamOne has been a leader in providing comprehensive risk analysis services to the life insurance industry. Along the way, we continuously expanded and evolved our core competencies to serve the healthcare industry. Today, we are proud to introduce ExamOne Health Solutions. Leveraging the capabilities which have become our core competencies, we […]

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ExamOne 2.0 is here – ExamOne Convention 2017

March 1, 2017 Uncategorized

Change in the life insurance industry. Change in our company. Change in us. These changes and how we are adapting to them were the recurring messages at the 2017 ExamOne Convention in Kansas City, February 13-17. “We will continue to grow by adapting to market changes,” said ExamOne President Troy Hartman. “Investment in our people […]

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Protect your family: There is nothing more valuable than your health

February 20, 2017 Applicants

Protecting your family and loved ones are very important responsibilities. However, you can’t protect them if you are not healthy yourself. Early in the year, “health” goals are especially popular. Health and laboratory screenings are a couple of ways one can better understand his or her health status — and getting them may be easier […]

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New ordering enhancements on ExamOne.com

August 29, 2016 Carriers

We are committed to providing superior customer service by continuously evaluating our client-facing systems. Our goal is to ensure we are providing you with the best user experience possible. If you have logged on to ExamOne.com recently, you may have noticed a blue “Add-On-Panels” button. This new feature allows you to add additional laboratory tests to an applicant’s […]

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Superior Solutions- Tailored services for life insurance brokerages

August 3, 2016 #Committed2 You

As you know ExamOne has completed the acquisition of Superior Mobile Medics, now known as ExamOne Superior Solutions. We are more than 6 months into the integration and we continue to make great progress. This large integration is ahead of schedule, but there is still more work to be done. We want to thank you  for your patience and loyalty during this […]

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