Partnership leverages Lincoln’s leadership in product and distribution with Modern Life’s technology and digital brokerage expertise
Recent Whole Life Insurance News
LIMRA report finds new annualized premium increased 6% in the second quarter, marking the sixth consecutive quarter of growth.
Innovative, exclusive new product combines guaranteed protection with significant growth potential, and is now available in all states but New York and California.
AM Best’s Special Report shows individual life market reporting a pretax loss of nearly $8 billion
Propelled by 26% fourth quarter premium growth, total life insurance new annualized premium grew 20% in 2021 according to just-released LIMRA data.
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.