2Q Life Insurance Sales Decline ‘More Severe’ Than Expected: Wink
September 2, 2020 by Staff Reports
Life insurance sales struggled mightily during a pandemic-marred second quarter, according to new data from Wink’s Sales & Market Report.
“Product repricing for 2017/PBR is definitely catching up with everyone,” said Sheryl J. Moore, president and CEO of both Moore Market Intelligence and Wink Inc. “This cyclical reduction in sales is something we see every time the mortality tables update, but this time it was definitely more severe.”
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Originally Posted at InsuranceNewsNet on Septermber 1, 2020 by Staff Reports.
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