While total life insurance new annualized premium was flat in the first half of the year, indexed universal life propelled U.S. individual life insurance new premium to grow 2% in 2Q, according to the latest LIMRA data.
I recently had a wide-ranging discussion with a couple of leading universal life producers, who shed some light on how UL can provide tailored...
Strong fourth quarter bolsters increase according to latest Wink report; Pacific Life retains the top spot in indexed life sales, with an 18.5% market share.
Total U.S. individual life insurance new annualized premium increased 2% in the third quarter, compared with prior year results, according to the LIMRA U.S. Retail Individual Life Insurance Sales Survey.
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.
After 13 quarters of consecutive growth, whole life insurance new annualized premium fell 4% in the third quarter of 2017, driving total new annualized premium down 2% for the quarter according to LIMRA data released Dec. 4.
Younger generations often start out having more questions and feel working with a financial professional is the best way for them to learn and understand. The trend shows as buyers age, they feel more comfortable using other purchasing methods.
A recent court case puts the spotlight on an issue of UL policies terminating at age 100.
A North Carolina company has entered into an agreement to buy LBL in a deal expected to lead to Lincoln Benefit Life back into selling life insurance and annuity products.
The National Association of Independent Life Brokerage Agencies, (NAILBA), announced Hall of Fame NFL Quarterback Jim Kelly and former U.S. Secretary of Homeland Security and White House Chief of Staff General John Kelly will headline NAILBA 38 in Dallas later this year.