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Past year’s U.S. life insurance sales growth highest since 1983

Propelled by 26% fourth quarter premium growth, total life insurance new annualized premium grew 20% in 2021 according to just-released LIMRA data.

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Life insurance activity declines in February, but grows compared to 2020 and 2019

Growth for ages 71+ and declines for all other age bands according to the latest MIB Life Index.

Lack of knowledge, confidence deter women from purchasing life insurance

Over the past five years, the life insurance ownership rate for U.S. women has dropped 10 points to 47% according to LIMRA.

Big shift from universal life to IUL underway, Milliman finds

Total individual universal life insurance sales decreased 31% between 2017 and late 2019 , while indexed universal life (IUL) sales increased 16% during the same time period, according to a new study by Milliman.

Indexed Universal Life propels modest overall third-quarter life sales

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.

Kelly and Kelly to Keynote NAILBA 38

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.

TIAA to stop selling life insurance by end of 2019

Move seen as bad news for RIAs, but company memo says the firm’s much bigger annuity business will be unaffected by the strategic decision.

Individual life sales rise slightly in Q1 despite fewer policies sold

Latest LIMRA data finds fixed UL sales dropped 15%; indexed UL new annualized premium grew 9% in the first quarter.

Life sales off to slow start in 2019

Wink’s Sales & Market Report says 2017 CSO requirements are hitting the industry hard, with UL and indexed life sales dropping more than 20% from the previous quarter.
life insurance sales

Record IUL sales drive 1% overall growth in individual life new annualized premium for...

Indexed and variable universal life sales highlighted a year that saw modest life insurance sales growth as LIMRA, WINK release final 2018 figures.

Palmer begins term as NAILBA Chairman as association introduces 2019 leadership

New and continuing leadership for Board of Directors at association and its charitable foundation formally announced.

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