Individual Disability Insurance, New Issues Sales, 2019 (1) |
($000)
|
|
Annualized
premiums |
Percent change,
2018-2019 |
Number of
policies |
Percent change,
2018-2019 |
Guaranteed
renewable |
$124,410 |
-5% |
192,791 |
-10% |
Noncancellable |
354,421 |
1 |
161,935 |
-4 |
Total |
$478,831 |
(2) |
354,726 |
-8% |
(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.
(2) Less than one-half of negative 1 percent.
Source: U.S. Individual Disability Income Insurance Sales, 2019 4th Quarter, LIMRA, 2020. |
|