Wednesday, September 26, 2007
Term Life Premiums May Drop A Bit
Premiums for individual term life insurance are expected to drop 1 percent next year, a smaller decline than the 4 percent annual average decline since 2000, the Insurance Information Institute said this week.
"A lot of the margin for cutting back has been squeezed out" already, and the higher long-term interest rates that were forecast a year ago didn't materialize, said Steven Weisbart, the institute's vice president and chief economist. Interest rates affect insurers' investment income.
Term Life Premiums May Drop A Bit
Source: Hartford Courant
"A lot of the margin for cutting back has been squeezed out" already, and the higher long-term interest rates that were forecast a year ago didn't materialize, said Steven Weisbart, the institute's vice president and chief economist. Interest rates affect insurers' investment income.
Term Life Premiums May Drop A Bit
Source: Hartford Courant
Permalink posted by armandn @ 7:17 AM 
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