Instant Insights / Life Insurance Awareness Month

September is Life Insurance Awareness Month--check out these resources to help you and your clients learn more about this crucial benefit.


Thank you for sharing!

Your article was successfully shared with the contacts you provided.
TechAre life insurance companies ready for the next phase of the digital age?

As we enter 2018, the life insurance industry is still in a downturn. According to the MIB Life Index, which tracks nearly 90 percent of life insurance application activity in US and Canada, 2017 ended down 1.8 percent. 2018 is currently down 4.4 percent YTD and is 3.5 percent lower than that of December 2017, according to Wink.

In addition to lower overall sales, the life insurance industry is beginning to feel some waves coming from insurtech startups. JLT Re has reported that, since 2012 over $7 billion of funding has been raised via 600 deals. About 9 percent of insurtech startups are looking to disrupt life insurance distribution. Distribution is ripe for disruption, given that consumers are growing increasingly comfortable with shopping online.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

BenefitsPro Broker ExpoEvent

BenefitsPro Broker Expo will help attendees prepare for new issues, embrace new challenges and find new solutions.

Get More Information


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.