Vantis Life Releases Strong First Quarter Life Insurance Premium Results Insurance News Net (press release)
Company Reports 25 Percent Increase in New Life Insurance Premium
WINDSOR, Conn.--(BUSINESS WIRE)-- Vantis Life Insurance Company today announced strong premium results for the first quarter of 2010, reporting a 25 percent year-over-year growth in new recurring premium. The company’s whole life recurring premium sales increased 43 percent and term life insurance sales grew 13 percent over the same period in 2009.
Craig Simms, senior vice president of marketing for Vantis Life, attributes the growth to the maturation of existing accounts and the addition of new banks and credit unions to the company’s growing roster of financial institutions.
“We have a good mix of new financial institutions beginning to produce premium, and our existing partners are using life insurance to deliver a ‘Better Life Experience’ to their customers,” said Simms. “The market for fixed annuities


