Life Insurance Buyers Like the Stock Market
September 10, 2024 by Allison Bell
U.S. life insurance sales figures show buyers falling back in love with the investment markets in the second quarter.
Issuers reported making $4 billion in individual life sales in the quarter, about the same as in the second quarter of 2023, according to new market survey data from LIMRA.
Click HERE to read the full story via Think Advisor
Wink’s numbers: Wink, an independent life and annuity data firm, also posted second-quarter life issuer sales numbers, based on data from the insurers that participate in its surveys.
Here’s what happened to sales for the individual life products Wink tracked both in the second quarter of 2023 and the latest quarter:
- Indexed universal life and indexed whole life: $747 million (+2.8%)
- Traditional universal life: $100 million (-1%)
- Whole life: $1.1 billion (-1%)
Wink’s Note: Click here for Wink’s press release and blog to get full coverage on all of our sales.
