What Type of Annuity Product Captures the Most Sales?
June is National Annuity Awareness Month
Achieving retirement income goals
Fixed index annuities (FIAs) currently account for almost 1/3 of total annuity sales.1
In annuity sales, FIAs surpassed variable annuities with lifetime income benefits in 2018 and continue to capture more sales than any other annuity product type.1
Split annuities
Offer your clients the stable-money strategy advantage of purchasing multiple annuity products. By splitting money between an FIA and fixed annuity, help to combine the growth potential and principal protection benefits of both.
1 Insured Retirement Industry, “State of the Insured Retirement Industry: 2019 Review and 2020 Outlook,” February 2020.