Lower sales to seniors and financial difficulties have led to the worst market in individual life insurance sales in 67 years. Variables dropped 50% for Q2 and 55% overall for Q1 and Q2 combined. This is in noted contrast to the widespread equity and credit rally.
To read more:
http://www.financial-planning.com/news/life-insurance-sales-nosedive-2663793-1.html
Wednesday, September 2, 2009
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