Individual Disability Insurance, New Issues Sales, 2020 (1) |
($000)
|
|
Annualized
premiums |
Percent change,
2019-2020 |
Number of
policies |
Percent change,
2019-2020 |
Guaranteed
renewable |
$93,000 |
-25% |
138,994 |
-28% |
Noncancellable |
336,023 |
-5 |
153,849 |
-5 |
Total |
$429,023 |
-10% |
292,843 |
-17% |
(1) Short-term and long-term individual disability income insurance. Based on a LIMRA survey of 18 personal disability insurance companies. Excludes commercial disability income.
Source: U.S. Individual Disability Income Insurance Sales, 2020 4th Quarter, LIMRA, 2021. |
|