LIMRA: Individual life insurance premium increases in Q1 2016

June 3, 2016 by LifeHealthPr editors

Individual life insurance new annualized premium increased 4 percent in first quarter 2016 compared with first quarter 2015. This marks the seventh consecutive quarter of positive growth, according to the LIMRA U.S. Retail Individual Life Insurance Sales Survey.

“Individual life insurance sales had a good start to the year with growth across all major product lines except variable universal life,” says LIMRA Insurance Research Associate Director Ashley Durham in a press statement.

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Originally Posted at LifeHealthPro on June 3, 2016 by LifeHealthPr editors.