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Life Insurance

Recent Life Insurance News

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Guinness World Record Life Insurance Policy Issued in Hong Kong

Insurance Forums Staff

There’s a new Guinness World Record for the most valuable life insurance policy ever sold, and it’s worth $250 million. Issued and fully underwritten by … Read more

Royal Neighbors Launches Final Expense Product

Insurance Forums Staff

Rock Island, Ill.-based fraternal benefit society Royal Neighbors of America recently unveiled “Ensured Legacy Final Expense,” a suite of life insurance products with coverage customization … Read more

U.S. Individual Life Payout Ratios Down Despite COVID-19 Mortality Concerns

Insurance Forums Staff

Higher premiums and fewer death benefits have led to reduced payout ratios on individual life insurance policies since 2020, despite concerns about COVID-19 and elevated … Read more

SEC Reports Second-Biggest FY Fine Total Ever

Insurance Forums Staff

Enforcement results for Fiscal Year 2023 show 784 enforcement actions and obtained orders for nearly $5 billion in financial remedies and distributed almost $1 billion to harmed investors.

Customer Satisfaction with Life Insurance, Annuities Climbs as Consumers Embrace Digital, J.D. Power Finds

Insurance Forums Staff

State Farm ranks highest in individual life insurance satisfaction; F&G tops individual annuity satisfaction
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