Life Insurance Sales On The Rise

Great news!  Life Insurance sales have been (and remain) on a steady uptick.  Limra reported that second quarter (2012) new annualized premiums grew by 4% over the same time last year.  And they grew by 3 percent over the entire first half of last year (2011).  The real big winner was indexed universal life.  As more and more consumers and financial professionals are discovering tax-free retirement and the power it contains, the sales of IUL’s will most likely continue to explode.  In fact, the sales of these indexed universal life policies were up 37% from the year prior (2nd quarter).  Finally, whole life was up 9% during this same period as many flock to the old faithful life insurance product.

 

Life Insurance Education

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