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Life Insurance in Hot Demand

Insurance talk — Sat, 19 Dec 2009 00:20:51 +0000

Demand for Life insurance has increased significantly over the past two years. According to Investment Savings and Insurance (ISI) statistics, sales of new term life, total and permanent disability, trauma and disability income policies were up 39 per cent to 51,081 in the year to the end of September compared to two years ago.
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Market experts believe the rise is attributed to mortgage and investment brokers starting to move into the sector and insurance brokers making more sales. Most people don’t think about risk during the “Good times” but with the recession taking hold, many people tend to think more about job security, investments and general their finances.

Why you Need Life Insurance

Insurance talk — Thu, 19 Nov 2009 07:48:34 +0000

Yet another great commercial from the USA. This perhaps stresses the importance of life insurance cover.
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Trauma sales up 16% in the past 12 months

Insurance talk — Mon, 28 Sep 2009 23:23:18 +0000

Premiums for trauma insurance jumped to $181 million from $156 million in the past year. 31% of people that responded to an AIG survey had taken up a trauma policy this year compared to 15% in 2007 and 9% in 2005.
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Mike Loftus, AIG’s head of marketing said “People are cutting back on their full-coverage in favour of policies like trauma, and are starting to use the public health system for anthing that’s critical.
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Trauma policies have seen a rapid rise , and are predicted to be an area of growth for the industry.

Source www.goodreturns.co.nz/article/976495493/big-growth-in-trauma-sales.html