Universal life’s market share reaches 40%
Universal life insurance captured a 40% share of the overall life insurance market for the first time last year and is expected to continue its strong showing, industry experts say.
NEW YORK — Universal life insurance captured a 40% share of the overall life insurance market for the first time last year and is expected to continue its strong showing, industry experts say.
Universal life surpassed term and whole life, which had 23% and 22% market shares, respectively, acc
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