The newest LIMRA Life Insurance Trends Study, released yesterday, showed that for the first time in the study’s 56-year history, U.S. life insurance owners are now more likely to own term life than permanent life (68% vs 62%). Permanent life insurance ownership has decreased by 18 points since 1992, while term life ownership has increased by 26 points.
The study also found that among households owning individual life there has been an increase in the number owning both permanent and term coverage. The new version shows a record high of 30% of life insurance owners having both types of polic
Source of insurance-forums.net
The study also found that among households owning individual life there has been an increase in the number owning both permanent and term coverage. The new version shows a record high of 30% of life insurance owners having both types of polic
Comments
Post a Comment