Wink Sees Drop in Sales of 3 Types of Life Products

December 2, 2020 by Allison Bell

Sheryl Moore, Wink’s president, said in a commentary included with the results that she thinks sales of whole life will continue to be strong for the rest of the year.

Sales of indexed universal life may benefit, temporarily, from a consumer rush to buy the product before new life insurance policy illustration rules take effect, Moore said.

Meanwhile, “there is no end in sight to the depths that universal life sales may be subject to, should fixed interest rates not improve,” Moore said.

Click HERE to read the full story via ThinkAdvisor

Originally Posted at ThinkAdvisor on December 1, 2020 by Allison Bell.