“Critical Illness Market Keeps Growing: Gen Re,” by Allison Bell, ThinkAdvisor

“U.S. sales of critical illness insurance climbed 37% in 2017, to $652 million, according to new insurer survey results from Gen Re.

The Stamford, Connecticut-based reinsurer found that in-force premium revenue increased 45%, to $1.6 billion. Sales of coverage through group plans, and through individual policies purchased at the worksite rose 21%, to $554 million. Sales of individual critical illness insurance policies grew much more rapidly: to about $98 million in 2017, from $19 million in 2016.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

CI rising.

#goldencareagent
#illness