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Imagining the Future of Insurance Technology

Envision the tech and trends that will shape the future of insurance, and explore three strides you can take toward that future.

The Human-Tech Connection

Current LIMRA research indicates that reaching today’s financial services consumer means maintaining a balance between advisor interaction and technological innovation.

Sales of Life Combination Products Rebound in 2021

Total new premium for individual life combination products increased 22% to $4.3 billion, compared with prior year results, and down slightly from the $4.8 billion in premium generated in 2019, according to LIMRA’s 2021 U.S. Individual Life Combination Products Annual Review. Combination products represented 20% of total life insurance premium in 2021.

Sales of Life Combination Products Plummeted in 2020

After strong results in 2019, total new premium for individual life combination products decreased 23% to $3.7 billion in 2020, according to LIMRA’s 2020 U.S. Individual Life Combination Products Annual Review. There were approximately 421,000 policies sold in 2020, down 7% compared with 2019 results.

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