LIMRA forecasts U.S. individual life insurance sales to grow slowly but relatively steady over the next several years, with overall new annualized premium predicted to grow 2% in both 2018 and 2019.
Total third quarter non-variable universal life sales were over $1,012 million, according to the 81st edition of Wink’s Sales & Market Report, released on Nov. 16. Pacific Life was the top selling carrier in the quarter and had the top-selling product.
Indexed Universal Life insurance policy sales – already on track for a record-setting year in 2017 – figure to get an additional boost from a trio of new IUL products that were introduced to the market recently.
As our industry prepares to celebrate Life Insurance Awareness Month in September, we’re all called upon to help ensure that people have protection and the ... Read more
WINDSOR, Conn. — U.S. individual life insurance new annualized premium increased 8% in the third quarter 2015 – the fifth consecutive quarter of positive growth, ... Read more
The National Association of Insurance Commissioners (NAIC) on June 18 approved updated, more reasonable guidelines for the illustrations that insurers, agents and brokers can use ... Read more
Total individual life insurance new annualized premium improved 4% in the third quarter, according to LIMRA’s Retail Individual Life Insurance Survey. In the first nine ... Read more