Propelled by 26% fourth quarter premium growth, total life insurance new annualized premium grew 20% in 2021 according to just-released LIMRA data.
Recent Whole Life Insurance News
Growth for ages 71+ and declines for all other age bands according to the latest MIB Life Index.
Over the past five years, the life insurance ownership rate for U.S. women has dropped 10 points to 47% according to LIMRA.
Sales of whole life insurance were up 12.9% in the third quarter of 2020, making it the only category that shined amid an otherwise dismal quarter for life insurance sales, according to the latest Wink’s Sales and Market Report.
The Savings Bank Mutual Life Insurance Company of Massachusetts has introduced a new Final Expense Whole Life Insurance policy that consists of a cash payment the beneficiary can use for more than just funeral costs.
Insurance Forums member David Duford shares four key tips for anyone making the transition from face-to-face final expense sales to telesales.
Millennials and Gen Z least prepared, putting millions of dollars worth of benefits at risk of going unclaimed, insurance commissioners find in new survey.
Fred Jonske will receive the 2019 Solomon S. Huebner Gold Medal on Friday night for his leadership in the financial services industry and dedication to furthering the mission of The American College.
YTD policy count down 4%, but indexed universal life continues to shine according to latest LIMRA sales figures.
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.
Study by Wade D. Pfau and Michael Finke shows how cash value can help protect against risk from market downturns.