Nonbuyers Like Annuities, So Why Aren’t They Buying?

April 12, 2018 by Susan Rupe

CHICAGO — Sales of deferred annuities may have dropped from 2011 to 2017 but that doesn’t mean consumers don’t like annuities and the guaranteed lifetime income they provide.

A sneak peak of LIMRA’s upcoming Annuity Buyer/Nonbuyer Survey reveals that many consumers who are not buying annuities for retirement income remain open to buying them in the future – it’s just that they believe it’s not the right time to buy or that annuity products aren’t right for their particular situation.

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Originally Posted at InsuranceNewsNet on April 12, 2018 by Susan Rupe.