Expect More of This Feature on Fixed-Indexed Annuities in 2024
January 23, 2024 by Cyril Tuohy
Article Excerpt: Indexed annuities are expected to book record sales in 2023 and nearly one in five new fixed-indexed contracts (18.07%) were sold with a premium bonus last year, according to AnnuitySpecs, a software tool from industry researcher Wink.
That’s up from 2022, when 11.90% of new indexed annuities came with a premium bonus, Wink said.
Last year some companies raised percentages on premium bonuses to stimulate sales and more premium bonuses on indexed annuities probably lie ahead, said Sheryl Moore, CEO of Wink. Click HERE to read the full story via Life Annuity Specialist