Indexed life products led the way as 2024 life sales registered gains in several categories, Wink reported. Indexed life sales for the fourth quarter were $868.3 million, up 15.9% compared with the ...
Annualized life insurance premium increased 3% in 2024 to $15.9 billion, according to LIMRA’s retail life insurance sales survey results, setting a record for the fourth consecutive year. In 2024, ...
Asia-Pacific had the largest share in 2024. The variable life insurance market is slated for a compound annual growth rate of 8.1% from 2025 to 2034, Allied Market Research said. The industry will ...
Variable life insurance is a type of permanent life insurance that provides lifelong coverage and includes an investment component that allows the cash value to grow over time. It offers a way to ...