SECOND QUARTER 2016 INDEXED LIFE SALES

August 26, 2016 by Sheryl J. Moore

Indexed Life
Indexed life sales for the second quarter of 2016 were $441 million, compared with sales of $458 million for the second quarter of 2015. Second quarter indexed life sales were up over 2.00% when compared with the previous quarter, and down nearly 4.00% as compared to the same period last year.

Total 2Q2016 indexed life sales were $441,000,759

THE TOP TEN INDEXED LIFE CARRIERS FOR THE Second QUARTER OF 2016:
1. Transamerica
2. National Life Group (NL/LSW)
3. Pacific Life Companies
4. Minnesota Life
5. Nationwide
6. Voya Financial
7. Zurich American Life (est)
8. AXA US
9. Lincoln National Life
10. Prudential Companies

AVERAGE TARGET PREMIUM:
The average target premium paid was $6,401; a decline of more than 13.00% from the prior quarter.

LEADERS BY CHANNEL:
Bank- Pacific Life Companies
Career- AXA US
Direct Response- AIG
Independent Agent- Transamerica
Independent Broker Dealer- Ameritas
National Broker Dealer- Nationwide

TOP SELLING PRODUCTS BY CHANNEL: 
Overall- Transamerica Premier Financial Foundation IUL
Bank- Pacific Life Pacific Indexed Performer LT
Career- Bankers Life & Casualty ClearVantage IUL
Direct Response- American General Life AG Extend IUL
Independent Agent- Transamerica Premier Financial Foundation IUL
Independent Broker Dealer: Protective Life Protective Indexed Choice UL
National Broker Dealer- Nationwide Nationwide YourLife IUL Accumulator