By Allison Bell – ThinkAdvisor – June 13, 2018
Indexed life insurance sales increased to $486 million for Q1 2018, up 11% from the total for Q1 2017, according to Wink. The combined sales total for indexed universal life and traditional universal life increased 1.6%.
Indexed Life Sales By Quarter
Sales of whole life increased 11%, to $1.1 billion. In the whole life market, the average premium was $3,282 per quarter, and 74% of the sales were for products that had cash accumulation as the primary pricing objective.
Whole Life Sales by Quarter
Universal Life Sales by Quarter
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