‘Crazy’ evolution of life, annuity indexes draws scrutiny, says expert

May 31, 2022 by John Hilton

Indexed products are driving the life insurance sales train, a leading market expert said this week, but dark clouds are lurking.

For one, regulators are likely to take another look at a regulation dealing with indexed life illustrations, said Sheryl Moore, president and CEO of Moore Market Intelligence. Likewise, lawsuit activity is up, targeting a variety of sales practices associated with indexed annuity and life insurance products, she added.

The indexed products are attractive with consumers and, therefore, attractive to carriers, she said during a webinar offered by Wink. As long as sales continue to climb, Moore added, we can expect to carriers to keep pushing boundaries with indexes.

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Originally Posted at InsuranceNewsNet on May 26, 2022 by John Hilton.