New York Life Insurance Company announced Monday first-quarter gains in sales of life insurance, income annuities, long-term care insurance and mutual funds, as well as a solid double-digit increase in the number of new agents hired in the first three months of 2011.
Life Insurance and Long-Term Care Insurance Sales Driven by Consumer Demand for Protection
Individual life insurance sales increased 24 percent through March, while applications for life insurance are up 12.7 percent, compared with the first quarter of 2010. Life insurance sales by the company's 11,900 agents were particularly strong – up 29 percent , the best three-month start to a year on record.
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