Annualized life insurance premium increased 3% in 2024 to $15.9 billion, according to LIMRA’s retail life insurance sales survey results, setting a record for the fourth consecutive year. In 2024, ...

Indexed life products led the way as 2024 life sales registered gains in several categories, Wink reported. Indexed life sales for the fourth quarter were $868.3 million, up 15.9% compared with the ...

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We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Yasmin Ghahremani is a full-time Associate Editorial Director at Investopedia, ...

If you want to secure your loved ones’ future, you can opt for a life insurance policy within your budget. In the process, you might come across ‘term insurance’. This might cause you to wonder: What ...

A million-dollar life insurance policy isn’t just for the ultra-wealthy. It could be a smart choice for anyone with major financial responsibilities. Insurers don’t approve seven-figure policies for ...