{"id":22741,"date":"2024-11-08T21:18:08","date_gmt":"2024-11-08T21:18:08","guid":{"rendered":"https:\/\/www.thinkadvisor.com\/2024\/11\/08\/term-life-activity-keeps-booming\/"},"modified":"2024-11-08T21:18:08","modified_gmt":"2024-11-08T21:18:08","slug":"term-life-activity-keeps-booming","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2024\/11\/08\/term-life-activity-keeps-booming\/","title":{"rendered":"Term Life Activity Keeps Booming"},"content":{"rendered":"<div class=\"media_block\"><a href=\"https:\/\/feeds.feedblitz.com\/-\/904492580\/0\/thinkadvisor.jpg\"><img decoding=\"async\" src=\"https:\/\/feeds.feedblitz.com\/-\/904492580\/0\/thinkadvisor.jpg\" class=\"media_thumbnail\"><\/a><\/div>\n<div><img decoding=\"async\" src=\"https:\/\/images.thinkadvisor.com\/contrib\/content\/uploads\/sites\/415\/2023\/08\/2023-8-7-up-and-down-percent-arrows_Adobe_640x640.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p><!----><!----> <\/p>\n<div data-v-58ebebf4 readability=\"14\">\n<p><strong>Age breakouts:<\/strong>&nbsp;Here&#8217;s what happened to activity for each age group between July 2023 and the latest month:<\/p>\n<ul>\n<li><strong>Ages 0-30:<\/strong>&nbsp;-0.6%<\/li>\n<li><strong>Ages 31-40:<\/strong>&nbsp;+1.9%<\/li>\n<li><strong>Ages 51-60:<\/strong>&nbsp;-3.7%<\/li>\n<li><strong>Ages 61-70:<\/strong>&nbsp;-6.0%<\/li>\n<li><strong>Ages 71 and older:<\/strong>&nbsp;-2.2%<\/li>\n<\/ul>\n<p><strong>Policygenius:<\/strong>&nbsp;A web broker, Policygenius, now prepares monthly term life price index charts. The lowest price shown is for a 25-year-old female nonsmoker who wants $250,000 in death benefits.<\/p>\n<\/div>\n<p><!----> <!----> <\/p>\n<div data-v-58ebebf4 readability=\"9\">\n<p>The highest price is now for a 60-year-old male smoker who wants $1 million in coverage. The highest price present in both 2023 and this year is for a 55-year-old male smoker who wants $1 million in coverage.<\/p>\n<\/div>\n<p><!----> <!----> <\/p>\n<div data-v-58ebebf4 readability=\"9\">\n<p>For the 25-year-old, the lowest rate fell to $14.29, from $14.59.<\/p>\n<\/div>\n<p> <!----> <\/p>\n<div data-v-58ebebf4 readability=\"11\">\n<p>For the 55-year-old smoker, the highest rate&nbsp;rose to $1,010.11, from $1,006.88.<\/p>\n<\/div>\n<p><!----> <!----> <\/p>\n<div data-v-58ebebf4>\n<p><em>Credit: Adobe Stock<\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Age breakouts:&nbsp;Here&#8217;s what happened to activity for each age group between July 2023 and the latest month: Ages 0-30:&nbsp;-0.6% Ages 31-40:&nbsp;+1.9% Ages 51-60:&nbsp;-3.7% Ages 61-70:&nbsp;-6.0% Ages 71 and older:&nbsp;-2.2% Policygenius:&nbsp;A web broker, Policygenius, now&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":22742,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[1],"jetpack_featured_media_url":"https:\/\/blog.lifeinsurance-orleans.ca\/wp-content\/uploads\/2024\/11\/term-life-activity-keeps-booming.jpg","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/22741"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=22741"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/22741\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media\/22742"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=22741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=22741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=22741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}