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TROY, Mich.: 12 Oct. 2023 — Could the latest generation of mobile apps and websites hold the keys to solving the decades-old challenge of customer apathy toward life insurance and annuities? According ...
Sales of indexed universal life (IUL) products grew 11% in the first quarter to $959 million. About 75% of IUL carriers ...
COSTA MESA, Calif.: 31 Oct. 2019 — Individual life insurance and annuity providers have begun the process of shifting their approach from producer focused to end-customer focused by introducing more ...
Bob Gaydos With that in mind, the time is ripe for carriers to get serious about pushing more comprehensive policies such as individual life insurance. Individual coverage is not nearly as ...
This study shows that life insurance companies need to update their communication style to attract and keep younger customers. According to the J.D. Power 2024 U.S. Individual Life Insurance Study ...
Americans own more than 160 million individual life insurance and annuity policies. A big, unexpected change is ahead for many of them. Traditional life insurers are leaving the business in droves.
WINDSOR, Conn., Nov. 2, 2023—With a majority of carriers reporting higher results in the third quarter, total individual life insurance new annualized premium increased 5% to $3.7 billion year ...
The number of Americans with life insurance coverage through the workplace has eclipsed the individual insurance market, according to LIMRA. It was the first time that occurred since the group began ...
But HIV-positive people typically cannot buy individual life insurance policies, beyond minimal coverage, at any price, insurance agents said. People with HIV/AIDS can’t legally be excluded from ...
If you’re healthy, buying an individual policy could be less expensive and you may be able to lock in the rate for a longer time period than the group coverage. With most group life insurance ...
Name withheld on request The underwriting for individual term life policies and group term life insurance works differently. The process and entitlement of the sum assured are independent of the ...
Americans own more than 160 million individual life insurance and annuity policies. A big, unexpected change is ahead for many of them. Traditional life insurers are leaving the business in droves.