Friday, May 04, 2007

 

New Improved Universal Life Insurance Outperforms Term and Whole Life with Estimated $13.4 Billion Policies Sold

You might have heard that universal life (UL) insurance products’ total annualized new life insurance premiums reached about $13.4 billion for 2006 – a 40% share of the overall life insurance market. It was the first time it outsold both term life insurance with a 23% market share and whole life insurance with 22%.

New Improved Universal Life Insurance Outperforms Term and Whole Life with Estimated $13.4 Billion Policies Sold
Source: Insurance News Net

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