Indexed Universal Life Sales Expected to Rise This Year

February 13, 2024 by Aaron Smith

Sheryl Moore, president and CEO of Moore Market Intelligence in Des Moines, Iowa, which publishes Wink’s Sales & Market Report, estimates that indexed life sales were unchanged last year in the U.S. compared to the year before, but she expects sales to rise in 2024 and thereafter. She said the big players for IUL are National Life Group, Transamerica and Pacific Life.

She said the customers are being sold indexed life “as a means of accumulating cash, for supplementing retirement income. The illustrations are rosy, which also helps with the sales.”

Click HERE to read the full story via Life Annuity Specialist

Originally Posted at Life Annuity Specialist on February 7, 2024 by Aaron Smith.