(1) The weighted premium method of calculating annual sales volume emphasizes recurring premiums, i.e., policies with periodic payments. It deducts 90 percent of single premium sales, i.e., policies with one-time payments.
NA=Data not available.
Source: Bank Insurance and Securities Research Associates (BISRA).
WEIGHTED BANK SALES OF INDIVIDUAL LIFE INSURANCE, 2004-2008 (1)
(1) The weighted premium method of calculating annual sales volume emphasizes recurring premiums, i.e., policies with periodic payments. It deducts 90 percent of single premium sales, i.e., policies with one-time payments.
Source: Kehrer-LIMRA.
WEIGHTED BANK SALES OF INDIVIDUAL LIFE INSURANCE, 2005-2009 (1)
(1) The weighted premium method of calculating annual sales volume emphasizes recurring premiums, i.e., policies with periodic payments. It deducts 90 percent of single premium sales, i.e., policies with one-time payments.