U.S. Individual Life Insurance Sales Grew 15% In Q4
March 14, 2020 by Jacqueline Sergeant
The fourth quarter saw a gain of 15% in U.S. life insurance new annualized premiums, 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 premiums increased 5%, compared with 2018 results. The number of policies sold fell 2% in the fourth quarter and dropped 3% for the year.
Wink’s Note: Wink’s Sales & Market Report’s life insurance sales results coming soon– stay tuned for next week’s newsletter