Voya to Pull Out of US Life Insurance Market

Voya Financial has completed the strategic review of its Individual Life business. As a result of this review and with consideration of Voya’s broader strategy, they have decided to cease all new sales of individual life insurance as of Dec. 31, 2018. They will retain and continue to manage their existing in-force Individual Life business. 

Voya will continue to accept new individual life insurance applications until Dec. 31. 2018, and they expect to complete the processing of all new business through end of the first quarter in 2019. 

While they work through this transition, you will continue to receive the same support and customer service that you have come to expect from Voya. As always, if you have any questions, please do not hesitate to call us at (800) 733-0054!