U.S. life insurers sold 7% more individual life insurance policies in the third quarter of this year than in the third quarter of 2019, according to LIMRA.
Annualized premiums increased 2%, year-over-year, LIMRA says.
- A link to LIMRA’s quarterly life sales report is available here.
- An article about LIMRA’s previous life sales report is available here.
LIMRA bases its life sales figures on an insurer survey. The participants in the latest survey accounted for about 80% of the new annualized premiums from life policy sales. LIMRA’s quarterly life survey summary shows changes in sales figures in percentage terms. The summary does not give the actual sales totals.