by Carrie Haubensak | Aug 10, 2023 | Insurance Industry, Life Insurance
Life insurance premium reversed three straight quarters of declining growth, LIMRA reported, with $4.04 billion in new premium in the second quarter, a 2% increase. Even better, preliminary results from LIMRA’s U.S. Retail Individual Life Insurance Sales surveys and...
by Carrie Haubensak | Jul 21, 2023 | Life Insurance, news
Generation Z represents one of the largest demographics in the U.S. – more than 68 million. This makes them a huge target market for the life insurance industry. However, given that only 37% of Gen Z adults are predicted to have life insurance by 2025, it’s clear that...
by Carrie Haubensak | Jun 8, 2023 | Insurance Industry, Life Insurance
Life insurance sales suffered greatly from several disruptions in the first quarter, posting sales losses across the board, Wink, Inc. reported today. Traditionally, life insurance sales struggle in the first quarter because of the ramped-up sales efforts to close...
by Carrie Haubensak | Mar 23, 2023 | Insurance Industry, Life Insurance, news
Enough positive variables are in play for LIMRA analysts to project record-level life insurance premium through 2024. Specifically, December 2020 changes to the Internal Revenue Service tax code criteria that cash value life insurance policies must meet to retain...
by Carrie Haubensak | Mar 17, 2023 | Insurance Industry, Life Insurance
Enough positive variables are in play for LIMRA analysts to project record-level life insurance premium through 2024. Specifically, December 2020 changes to the Internal Revenue Service tax code criteria that cash value life insurance policies must meet to retain...
by Carrie Haubensak | Mar 10, 2023 | Insurance Industry, Life Insurance
U.S. individual life insurance application activity continued to increase in February, and activity growth for applicants under 30 was especially strong, according to new MIB Group data. The insurance data-sharing consortium saw the number of applications flowing...
