As of the end of September, whole life represented 30 percent of overall annualized premium sales.
What does AP stand for?
AP stands for Annualized Premium
This definition appears frequently and is found in the following Acronym Finder categories:
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We have 193 other meanings of AP in our Acronym Attic
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Samples in periodicals archive:
New annualized premium declined 26% in the first quarter of last year and 21% in the second.
The company serves about 53,000 policyholders, representing about $100 million in annualized premium.
Going Up Universal life was up 12% in the third quarter and 20% for 2004, accounting for 37% of 2004 annualized premium, according to Limra International's third-quarter report on individual life insurance sales in the United States.