Ownership of Individual Life Insurance Falls to 50-Year Low, LIMRA Reports
Four in 10 U.S. Households with Children Would Have Immediate Trouble Paying Bills if the Primary Breadwinner Died Today
Bank-sold Life Insurance Premium Falls for Second Straight Year: Kehrer-LIMRA
WINDSOR, Conn., April 19, 2007 — Pulled down by a steady decline in single-premium sales, individual life insurance premiums sold through banks in 2006 fell for the second year in a row, according to the latest survey from Kehrer-LIMRA.
Individual Long Term Care Insurance Premium Falls 23 Percent in the Fourth Quarter, LIMRA Reports
WINDSOR, Conn., March 10, 2009 – After a promising start in 2008, individual long-term care insurance (LTCI) premium fell 23 percent in the fourth quarter, ending 2008 down seven percent, according to LIMRA’s Individual Long-Term Care Sales survey.
Individual Life Insurance Combination Product Premium Falls 2% in 2018
After three consecutive years of growth, total new premium for individual life combination products dropped 2% to $4.3 billion in 2018, according to LIMRA’s 2018 Individual Life Combination Products Annual Review. There were 404,000 policies sold in 2018, a 2% increase, compared with 2017 results.
Individual Life Insurance Sales Slowly Recover After Difficult First Half of 2009, LIMRA Reports
WINDSOR, Conn., Feb. 26, 2010 — Total new annualized premium for individual life insurance declined five percent in the fourth quarter of 2009, resulting in a 15 percent reduction for the year as compared to 2008, according to LIMRA’s quarterly individual life insurance sales survey.
Millennial Misconceptions of Life Insurance: a Barrier to Life Ownership
Insurance professionals will gather at 2017 Life Insurance Conference to learn more about how to overcome these misconceptions.
LIMRA Releases 2019 Predictions: Growth Expected in Individual Life Insurance, Technology and Workplace Retirement Savings Plans
LIMRA recently published its annual predictions report. While the report offers quite a few predictions, below are four examples that stood out.