In this annuities roundup, we look at how indexed universal life (IUL) sales have fared in Q1 as well as the latest offerings from Revol One, Sammons Financial, Jackson National and Allianz Life.
Total U.S. individual life insurance new annualized premium fell one percent year-over-year to US$3.76 billion in the first quarter, according to Limra’s preliminary U.S. Life Insurance Sales Survey. While rising interest rates favor fixed annuities, other life insurance products and non-insurance financial products like certificates of deposits (CDs) and bonds, it can make whole life products less attractive - Karen Terry, Limra In the quarter, indexed universal life (IUL) premium inc
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