NU Online News Service, Nov. 8, 11:45 a.m. – Fidelity & Guaranty Life, Baltimore, says 40% of the 300 agents and brokers it surveyed have been getting more inquiries about life insurance since the Sept. 11 attacks.
Thirty-five percent of the additional inquiries are leading to sales of new policies, Fidelity & Guaranty says.
Another 36% of the survey participants reported seeing an increase in the face amounts of the policies purchased. Typical face amount increases ranged from 10% to 40%.
Fidelity & Guaranty is a subsidiary of Old Mutual P.L.C., London.
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