Increase in application activity for younger buyers in the second half of last year drives 2017 MIB Life Index; is said to validate industry’s investment in reaching this key segment of the underserved market.
Recent Life Insurance News
Strength in whole life, IUL and hybrid markets identified as reasons for optimism in LOMA 2018 Life Industry Forecast.
The Hartford recently became the latest insurance company to announce bonuses or permanent raises tied to the new GOP tax bill that reduces the corporate tax rate.
Proposed regulation would require that life insurance and annuity sales meet a "Best Interest" standard that protects consumers from unnecessarily high costs and conflicted financial advice.
Doubling of estate tax exemption means life insurance purchased to pay estate taxes may no longer be needed; Bill also includes positive changes to IRS treatment of life settlement transactions.
Tech startup Health IQ, formed as an MGA, offers special discounted rates to ultra health-conscious people that can pass their unique test.
A closer look at common causes of confusion when determining whether a death claim is or isn’t contestable.
Bevy of industry info at your fingertips in the new 2017 edition, including facts like $20.3 trillion of life insurance coverage in force in the U.S. and life insurers paid out $76 billion to beneficiaries in 2016.
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.
In our latest roundup of agents caught on the wrong side of the law, we take a look at 3 recent cases involving insurance agents who submitted phony applications.
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.