Whole Life NEWS


Individual life premiums fall 2% in 1Q 2018 thanks to poor fixed UL sales

This marks the third consecutive quarter of declines in new annualized life insurance premium as a 19% drop in fixed universal life sales during the first three months of this year drag down sales totals.

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Recent Whole Life Insurance News

Majority of Americans still unsure about full benefits of permanent life coverage

Allianz Life’s 2018 Life Insurance Needs Survey finds consumers interested but undereducated about living and tax benefits of whole life, which provides an opportunity for financial professionals to bridge the education gap.

Indexed life sales up 6.1% in 2017

Strong fourth quarter bolsters increase according to latest Wink report; Pacific Life retains the top spot in indexed life sales, with an 18.5% market share.

12 tips for generational outreach – and a new tool to identify life insurance...

AIG shares 12 tips to help financial professionals effectively reach out to prospective clients, and executive Kirsten Lees explains how the company created a new tool intended to quickly pinpoint life insurance solutions based on a few simple questions.

Take a closer look at Premium Financed Life Insurance

This powerful policy-funding strategy for HNW clients is currently underutilized – which means there’s a big opportunity for advisors to step in and help.

Boomers most likely to use an online source for life insurance info; Millennials more...

Younger generations often start out having more questions and feel working with a financial professional is the best way for them to learn and understand. The trend shows as buyers age, they feel more comfortable using other purchasing methods.

LIMRA forecasts positive growth in U.S. individual life market for the next four years

LIMRA forecasts U.S. individual life insurance sales to grow slowly but relatively steady over the next several years, with overall new annualized premium predicted to grow 2% in both 2018 and 2019.

Life premiums fall 2% in 3Q as whole life sales drop for first time...

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.

Colleges turning to insurance: Michigan’s Harbaugh gets raise via life insurance while schools regularly...

After going 10-3 in his first season as head football coach at his alma mater, Jim Harbaugh received a sizable raise from the University...

Final Expense premium increases 5% in 2015; 80% of policies sold by independents

WINDSOR, Conn. — Final expense life insurance sales increased 5% and policy count rose 4% in 2015 (compared to 2014 results), based on survey...

My Top 8 Final Expense Carriers for 2016

In this article, we're covering the top final expense carriers for 2016 from the perspective of an "in-the-trenches" final expense life insurance agent. Typically,...

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