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eMoney Adds Life Insurance ModuleeMoney Adds Life Insurance Module

The announcement comes just in time for the insurance industry’s annual Life Insurance Awareness month in September.

Samuel Steinberger, Senior Technology Editor

August 29, 2019

1 Min Read
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eMoney’s Foundational Planning feature is getting a new module, according to an announcement by Fidelity’s financial planning software company. Called Life Insurance Gap Analysis, the feature is intended to illustrate client insurance needs through either a modular approach or as part of a broader financial plan.

The analysis provided by the feature is a riff off an ongoing trend of more tightly incorporating insurance into financial planning and tech offerings, such as Envestnet building its Insurance Exchange and CAIS’ new consulting service. eMoney called life insurance “a fundamental starting point when building a long-term financial plan.”

“With a planning-led approach, advisors are better suited to answer difficult questions from clients such as whether or not their families will be taken care of in their absence,” said Jess Liberi, head of product at eMoney.

The new feature is a supplement to the extant insurance capabilities available in the Advanced Planning solution. Both Foundational and Advanced Planning solutions "can be used by advisors (or firms not considered large)," said a company spokesperson.

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About the Author

Samuel Steinberger

Senior Technology Editor, WealthManagement.com

Samuel Steinberger is Senior Technology Editor for Informa Connect’s WealthManagement.com. In his role, Mr. Steinberger provides the publication’s wealth and financial technology coverage. 

Mr. Steinberger’s editorial insight and familiarity with technology accelerates Informa’s growth within the financial advisor and wealth management communities, providing in-depth news for advisors and financial professionals. 

Before joining Informa Connect, Mr. Steinberger produced documentaries with former CNN anchor Soledad O’Brien at Soledad O’Brien Productions (formerly Starfish Media Group). He specialized in research, shooting and editing, as well as finding distinct voices to explain topics like mental health, poverty and racial divide. 

Prior to joining Soledad O’Brien Productions, Mr. Steinberger managed multi-departmental technology projects for global legal technology leader Transperfect Legal Solutions. After obtaining his graduate degree in journalism from Columbia University, he completed his transition from technology management to media. 

Mr. Steinberger is an award-winning journalist, author and researcher who has written, edited and reported for a number of publications, including The New York Times, Financial PlanningAmerican Banker and PBS. He is founder of beverages publication Give Me Weird Drinks

Mr. Steinberger’s technology analysis and insight has been featured in several books on virtual and augmented reality. Mr. Steinberger has received awards and recognition for his reporting and research, including the American Business Media's prestigious Jesse H. Neal Award for editorial excellence.

Follow on Twitter: @slsteinberger