LIMRA: 1Q U.S. Life Insurance Policy Sales Highest Since 1983
May 28, 2021
May 28, 2021
WINDSOR, Connecticut, May 28 (TNSRes) -- LIMRA issued the following news release:
Total individual life insurance policy sales increased 11% in the first quarter, compared with first quarter 2020. This is the highest growth in the number of policies sold in a quarter since 1983. New annualized premium also experienced significant growth, up 15% from prior year, according to LIMRA's First Quarter U.S. Individual Life Insurance Sales Survey.
"In 1983, the double-digi . . .
Total individual life insurance policy sales increased 11% in the first quarter, compared with first quarter 2020. This is the highest growth in the number of policies sold in a quarter since 1983. New annualized premium also experienced significant growth, up 15% from prior year, according to LIMRA's First Quarter U.S. Individual Life Insurance Sales Survey.
"In 1983, the double-digi . . .