While the VSTD market has seen modest growth since 2012, many of those reporting growth figures indicated the line had double-digit growth in 2016.
The Voluntary Short-Term Disability Products Spotlight™ Report gives carriers a current view of the voluntary short-term disability market overall and profiles key players selling the product.
This report provides comparative data on takeover business and trends experienced by voluntary carriers.
THIS IS THE LAST in our series of columns on voluntary market sales results for 2016. The first article looked at overall voluntary sales for the year, while the second reviewed sales by product and platform. This article spotlights sales by distribution segment.
LAST MONTH, WE REPORTED voluntary new business annualized premium (sales) for 2016 were $7.630 billion, up almost 7 percent over 2015 sales. This column takes a closer look at these results by product line and platform.
ACCORDING TO OUR annual U.S. Voluntary/Worksite Sales Report, new business annualized premium (voluntary sales) increased again last year. Total sales for 2016 were $7.630 billion, up almost 7 percent over 2015 sales.