Friday, April 20, 2007

 

Bank-Sold Life Insurance Premium Falls for Second Straight Year

Pulled down by a steady decline in single-premium sales, individual life insurance premiums sold through banks in 2006 fell for the second year in a row, according to the latest survey from Kehrer-LIMRA. The survey found that premiums have fallen from a high of nearly $1.3 billion in 2004 to $1.06 billion for 2006.

Bank-Sold Life Insurance Premium Falls for Second Straight Year
Source: Insurance News Net

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