Life Gross Profit is a simple and straightforward metric used to measure profitability in the life insurance industry. It offers a comprehensive picture of the operations of an insurance company by taking into account all sales and administration costs associated with selling life insurance products. In summary, Life Gross Profit is the difference between premiums collected and any distributions or expenses related to the sale of life insurance policies. It’s a key indicator of an insurer’s long-term success and provides valuable insight on a company’s overall strategy. Put simply, it helps assess how much money a life insurer actually makes—and that’s something worth knowing!