Year-end life insurance sales doubled due to tax rule changes
The year-end rush to sell policies, sparked by tax rule changes, caused individual life insurance sales to skyrocket in the fourth quarter of 2016, says LIMRA’s latest report on insurance sales in Canada.
With $753 million dollars in annualized premiums,individual life insurance sales grew by 106 per cent in Canada in Q42016 compared to the same quarter the year prior.
The Q42016 sa...
by Alain Thériault April 25, 2017, 7 a.m.