Life Insurers Council: Preneed Insurance Sales Nearly $3 Billion in in 2023
October 18, 2024
October 18, 2024
WINDSOR, Connecticut, Oct. 18 -- LIMRA issued the following news release:
Demand for preneed insurance (prefunded funeral arrangements) rose in 2023, according to the latest Life Insurers Council (LIC) (part of LIMRA and LOMA), annual preneed sales survey. Among the 16 survey participants, the total number of cases grew to over 517,000, representing $2.9 billion in sales.
Preneed insurance, typically sold by funeral service providers, allows individuals to contract with . . .
Demand for preneed insurance (prefunded funeral arrangements) rose in 2023, according to the latest Life Insurers Council (LIC) (part of LIMRA and LOMA), annual preneed sales survey. Among the 16 survey participants, the total number of cases grew to over 517,000, representing $2.9 billion in sales.
Preneed insurance, typically sold by funeral service providers, allows individuals to contract with . . .