Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Annuities Indexed Product Sales Rise

Your article was successfully shared with the contacts you provided.

Sales of indexed annuities and indexed life insurance policies were significantly higher in the fourth quarter of 2010 than in the fourth quarter of 2009, according to

Sales of indexed annuities increased 19%, to $8.3 billion, and sales of indexed life up arrowincreased 36%, to $221 million, according to, Pleasant Hill, Iowa.

The company has based those figures on results from a survey of 39 indexed annuity carriers and 37 indexed life carriers.

“I predicted that we’d continue to see record sales of indexed annuities after the market collapsed in 2008, and I’m happy to see that has proven accurate–three years running” Sheryl Moore, president of, says in a statement about the results.

Indexed annuities now account for about 40% of all fixed annuities sold, Moore says.

Indexed life insurance is out-selling variable universal life insurance, Moore says.

Other coverage of research from National Underwriter Life & Health:


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.