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Wednesday June 19th 2013

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Posts Tagged ‘life premiums’

Premiums Increase as the Number of Insureds Declines for Life/Annuity Industry

Premiums Increase as the Number of Insureds Declines for Life/Annuity Industry

Fifty two percent of Americans over age 18 do not own life insurance in 2012, compared with 51 percent last year, according to a Genworth Financial phone survey of more than 25,000 adults. However, based on annualized premium dollars, the industry grew 4 percent in 2011, according to LIMRA, and according to A.M. Best, it grew 3 percent in the [...]