The U.S. voluntary insurance market may be starting to emerge from a slump.
Sales increased 4.5% from 2010 to 2011, to $5.5 billion, according to analysts at Eastbridge Consulting Group Inc., Avon, Conn.
About 80% of the sales came from the top 15 voluntary products sellers, and sales at those companies increased an average of 5% in 2011, the analysts say.
Premium on in-force voluntary coverage may have increased about 6%, to somewhere between $20 billion and $26 billion, the analysts estimate.