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Life Insurers Council: Final Expense and Preneed Life Insurance Sales Record Mixed Results in 2020

Total final expense life insurance premium was $480 million among the 19 companies providing sales for both 2020 and 2019 growth, a 9% increase compared with 2019 results. At the same time, 2020 annual preneed life insurance premium fell 10% year-over-year.

Life Insurance Leaders to Gather at LIMRA’s 2022 Distribution Conference to Discuss Emerging Growth Opportunities

LIMRA’s 2022 Distribution Conference for Financial Services will be held March 1 – 3, in Miami, Florida. This year’s conference, “The Shape of Things to Come,” will focus on the forces shaping insurance distribution and how distribution professionals can manage the transition.

How Technology Empowered Life Insurers to Respond to COVID-19

COVID-19 has changed the world in so many ways. The way we work and interact with each other has changed dramatically. It also changed the life insurance industry. Because of social distancing, companies had to adjust their day-to-day operations to continue to serve their current and potential customers.

Life Insurers Council Names Susan Thomas 2020 Board Chair

The LOMA Life Insurers Council today announced that Susan A. Thomas, president and CEO of Texas Service Life Insurance Company, will serve as the new Board of Directors Chair for 2020.

Despite Increased Advertising and Marketing, Consumers’ Brand Awareness of Life Insurers Remains Low

A new LIMRA study finds 1 in 4 adult Americans cannot name a single company that sells life insurance and a majority (56%) are unable to name three life insurance companies. As discouraging as this may sound, it does reflect an uptick in unaided awareness of life insurance brands among U.S. consumers, compared to 2014 results.

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