Banks and Life insurance.

• Position: Brief Article

Banks and Life insurance: Despite the 1999 passage of legislation that removed the barriers to bank and life insurer affiliations, the sale of life insurance products through banks in 2003 represented only 4.6 percent of total premiums written, according the American Bankers Insurance Association. Now the American Council of Life Insurers (ACLI), Washington, D.C., together with other partners has...