New York Life Insurance Company, New York, today announced U.S. life insurance sales were up 14% last year.
The company also says it added more than 3,600 agents in 2009.
Most of the growth came from increased sales of both permanent insurance and term products, according to the company. Sales by the insurer’s 11,800 licensed agents increased 16%.
Other 2009 life insurance highlights reported by the company include: