November Life Insurance Premiums Increase 42%

November Life Insurance Premiums Increase 42%

November was a good month to be in the life insurance industry. Premiums for life insurance increased by 42% last month. This increase was mostly fed by private life insurance players who watched their premium collections go up by 59%.

John Hancock Gives Away Apple Watches to Life Insurance Customers

John Hancock Gives Away Apple Watches to Life Insurance Customers

The John Hancock Vitality Program, which rewards its life insurance customers for the little everyday things they do to live longer and healthier lives, expands its Apple Watch program to offer the recently announced Apple Watch Series 7 to its customers. Those who exercise regularly can earn an Apple Watch Series 7 by registering with John Hancock Vitality PLUS starting this fall.

FSGLI Celebrates 20th Anniversary

FSGLI Celebrates 20th Anniversary

The Department of Veterans Affairs (VA) celebrated the 20th anniversary of Family Servicemembers' Group Life Insurance (FSGLI) on Nov. 1. FSGLI is a life insurance coverage option for spouses and dependent children of service members.