Whole Life NEWS


Lincoln Financial Group, Modern Life partner to accelerate digital transformation in life insurance

Partnership leverages Lincoln’s leadership in product and distribution with Modern Life’s technology and digital brokerage expertise

Life Insurance Discussion

Recent Whole Life Insurance News

New life insurance premium rose 11% in first half of 2022

LIMRA report finds new annualized premium increased 6% in the second quarter, marking the sixth consecutive quarter of growth.

Industry’s first indexed whole life product debuts today from Ohio National

Innovative, exclusive new product combines guaranteed protection with significant growth potential, and is now available in all states but New York and California.

Life insurer earnings decline in 2021 despite highest new premium growth in over three...

AM Best’s Special Report shows individual life market reporting a pretax loss of nearly $8 billion

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.

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.

Whole Life lone bright spot in down Q3 for life insurance sales

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.

SBLI launches final expense whole life product

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.

What to look for (and stay away from) in carrier options when selling Final...

Insurance Forums member David Duford shares four key tips for anyone making the transition from face-to-face final expense sales to telesales.

Most life insurance beneficiaries not ready to collect, NAIC finds

Millennials and Gen Z least prepared, putting millions of dollars worth of benefits at risk of going unclaimed, insurance commissioners find in new survey.

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