One-Third Of Indexed Annuities Sold With Hybrid Indexes

April 3, 2018 by Cyril Tuohy

One-third of all fixed indexed annuities are sold with hybrid indexes, which are usually designed to control volatility, according to fourth-quarter data.

Those products benchmark typical indexes, such as the S&P 500, and combine with other gauges, including proprietary indexes, to control volatility.

Companies say hybrid indexes offer choices for consumers who want growth without variability.

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Sales of annuities with hybrid indexes rose to a record 33.3 percent of FIA sales, compared to 29.9 percent last year, according to Wink’s Sales & Market Report.

Originally Posted at InsuranceNewsNet on March 29, 2018 by Cyril Tuohy.