Recent estimates show that 18 percent of the worldwide total for life coverage is from Japanese policyholders. The latest insurance news releases in Japan are estimating that the average life insurance premiums are approximately $5,300 (454,300 yen) per year. This is far higher than the global average for the same type of coverage. In fact, this insurance news indicates that Japanese life policyholders pay approximately 18 percent of the global total in premiums, even though the country represents only 2 percent of the worldwide population. The per capita spending, according…
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