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September 25, 2007 at 12:10 PM
Voluntary worksite life insurance sales were about 5% lower in the first half of 2007 than they were in the first half of 2006.
Researchers at LIMRA International, Windsor, Conn., are reporting that finding in a summary of results from a survey of 32 worksite carriers.
Sales of term life continued to outpace sales of permanent life insurance and accident death and dismemberment coverage, and long term disability and dental premiums continued to show strong improvement, the researchers report.
AD&D worksite sales fell 19%, LIMRA researchers report.
