According to a recent LIMRA news release, term life insurance premium rose 3 percent in 2013, with half of the term writers increasing their sales. While a 3 percent increase may not signal leaps and bounds achieved in narrowing the gap between the number of consumers with life insurance and those without, the term life market appears to hold potential for growth. Advisors and agents who educate clients about flexible term life products with innovative income riders, designed to help meet key … [Read more...]
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About the Author
Mr. Heslin is Vice President, Product Strategy and Implementation, for AIG Global Consumer Insurance. He can be reached at Tim.Heslin@aig.com.