Data show increased sales for whole life insurance in 2014

Sales of whole life insurance rose in 2014, while sales results for universal life were less uniform, Eastbridge Consulting Group says. New products could have been responsible for both types of insurance representing a higher-than-usual percentage of voluntary sales, Eastbridge notes. Carriers said they expect interest-rate uncertainty to prompt more interest in whole life. Hartford Business Journal (Conn.) (2/3)