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    • Voya Financial’s IUL Gambit Pays Off

    May 15, 2017 by Cyril Tuohy

    At Voya Financial, the move to exit capital-intensive term life at the end of last year and concentrate on indexed universal life (IUL) has paid off – so far.

    First-quarter IUL sales rose 24 percent to $21 million over the year-ago period, the company reported last week.

    Leaving the term life segment to concentrate on IUL was “a pretty bold move,” said Carolyn Johnson, CEO of Annuities and Individual Life for Voya Financial.

    Click HERE to view the full story via INN; subscription required.

    Originally Posted at InsuranceNewsNet on May 12, 2017 by Cyril Tuohy.

    Categories: Wink's Articles
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