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Life insurance in your state news

Last Updated:
Wednesday, November 23rd, 2011

Life insurance in households lowest ever in last 50 years

The percentage of life insurance coverage in U.S. families is at its lowest in last fifty years. According to industry experts there are millions of households who are living without this safety net. As per the recent report published by LIMRA, there are only 44% of the families who hold an individual life insurance policy while 30% do not have employer offered or individual life insurance coverage. There are about 11 million homes with children below the age of 18 who live without any life insurance. They are considered as households with the maximum requirement for life insurance exposure.

Saturday, September 24th, 2011

Strong sales reported by New York Life during the first half of 2011

There has been an increase of 13% in the individual life insurance sales through the month of June when compared to the initial 6 months of 2010. The growth has essentially been driven by agents with the sales via the company’s national field force up by 15% during the same period in 2010.

OTHER LATEST LIFE INSURANCE NEWS

January 15th, 2015

Key Trends of Life Insurance to Expect Between 2015-2018

It’s a new year, and a new beginning as people say goodbye to 2014. We hope it was a prosperous and sound year for all.

January 12th, 2015

China’s Forsun International Moves into the US Life Insurance Market

Moreover, Robert S. Cubbin, the CEO and President of Meadowbrook reportedly said that the company’s partnership with Forsun adds more strength to its capital base. In addition, the pact will enable the US-based firm insurance company to improve its services and increase profits.

December 19th, 2014

Life Insurance Investable Assets in Asia to Experience Visible Progress in 2015

According to the global analysis reports by Cerulli Associates Asia Pte Ltd., there will be a remarkable growth in the assets of the life insurers in the largest markets of Asia. It has been reported that their investable assets will grow about 15% in the year 2015 and will hit 2.4 trillion USD.

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