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With increasing inflation and decreasing room for employee wallet share in mind, LIMRA conducted a brief survey that reviewed the types of voluntary products offered and participation rates for those products.

Summary

LIMRA conducted a brief survey in July 2024 that reviewed the types of voluntary products offered and participation rates for those products.

  • Twenty carriers participated in the study, which considered voluntary products filed on a group and individual basis.
  • This study also asked carriers to discuss new sales and in-force (or reenrollment) participation rates, comparing results from 2023 to 2022.

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For more information, please contact mtrecek@limra.com.

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