New York Life Sees 11% Jump In Whole Life Sales In First Half Of 2016
September 28, 2016 by LIMRA International
NEW YORK, September 27, 2016 — New York Life, America’s largest mutual life insurer, today announced continued record sales of life insurance by agents through the second quarter of 2016, as well as solid growth in sales of income and fixed annuities, and long-term care insurance. The company reported a three percent rise in individual recurring premium life insurance sales through agents, compared with the first half of 2015, and an 11 percent jump in whole life sales.
“Recent market volatility is a continual reminder of the lessons learned following the Great Recession: lifetime savings can quickly be put in jeopardy, deeply impacting and threatening financial futures. These are the types of worries our more than 12,000 agents hear from families and businesses every day.
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