Indexed universal life insurance sales hit new high

March 6, 2017 by Warren S. Hersch

Despite industry concerns about an 18-month-old regulatory guideline for indexed universal life insurance, sales of the popular product remain robust, new research shows.

The 78th edition of “Wink’s Sales & Market Report,” which aggregates data from 48 manufacturers of indexed universal life products, reveals that IUL premium revenue for the three months ending December 31, 2016 totaled $534.5 million. That’s up a marked 18 percent from third quarter sales of $452.9 million. But fourth quarter 2016 sales dipped modestly (1.3 percent) from the $541.5 million revenue recorded in the fourth quarter of 2015.

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Originally Posted at LifeHealthPro on March 3, 2017 by Warren S. Hersch.