Whole Life lone bright spot in down Q3 for life insurance sales
December 9, 2020 by Insurance Forums Staff
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 totaled $1,053.2 million, which while besting the second quarter in this pandemic-challenged year, was actually down 10.2% compared to the third quarter of 2019, according to the 93rd edition of Wink’s Sales & Market Report, released Nov. 30.
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Originally Posted at Insurance-Forums on November 30, 2020 by Insurance Forums Staff.
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