Policygenius Releases May 2021 Life Insurance Price Index
Data shows pricing stability, despite uptick in U.S. death rate
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NEW YORK, May 11, 2021 /PRNewswire/ Policygenius, the nation s leading online insurance marketplace, announced today the May data release of the
Policygenius Life Insurance Price Index, which displays average monthly life insurance rates using current data from leading life insurance carriers. New data from this free index is published on a monthly basis to illuminate pricing trends for consumers.
The May index shows life insurance pricing stability, despite an increase in the U.S. death rate evident in
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NEW YORK, April 8, 2021 /PRNewswire/ Policygenius, the nation s leading online insurance marketplace, announced today the April data release of the
Policygenius Life Insurance Price Index, which displays average monthly life insurance rates using current data from leading life insurance carriers. In this month s index, analysts took a look back at a full year s worth of life insurance rates and how they ve fluctuated during the past year and the coronavirus pandemic.
The April 2021 index special analysis shows that compared to April 2020, older smokers can now expect to pay slightly higher life insurance premiums, whereas nonsmokers have not seen substantial rate changes. For example, 55-year-old male smokers are paying nearly 4% more in April 2021 for a $250,000 term life insurance policy than they were in April 2020. In general, older smokers have seen the steepest increases in life insurance premiums throughout the year.
/PRNewswire/ Policygenius, the nation s leading online insurance marketplace, announced today the February data release of the Policygenius Life Insurance.