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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> term life

Total sales of life insurance rises 8%: Q1 2011

Posted by RJ and Makay on Jun 09, 2011

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Total sales of individual life insurance in the U.S., measured by new annualized premium, rose 8% in the first quarter of 2011 from the same period a year ago, fueled largely by universal and whole life polices, according to the Life Insurance and Market Research Association (LIMRA).  Universal life annualized premium grew 14% while policy count increased by 18%.