Life Premium Jumps 15% In 4Q — Thank CSO Table
March 11, 2020 by LIMRA
Total U.S. individual life insurance new annualized premium jumped 15% in the fourth quarter, compared with prior year results, according to the LIMRA U.S. Retail Individual Life Insurance Sales Survey.
For the year, total individual life insurance new annualized premium increased 5%, compared with 2018 results. The number of policies sold fell 2% in the fourth quarter and dropped 3% for the year.