Indexed products lead Q3 life, annuity sales boom, Wink reports

December 3, 2024 by Staff Reports

Indexed life and annuity products are the subject of many regulator meetings and class-action lawsuits. Despite that negative publicity, indexed life and annuity sales are booming.

Wink, Inc. reported third-quarter annuity sales of $115.2 billion, up 6.6% compared to the previous quarter. All annuities include the multi-year guaranteed annuity, traditional fixed annuity, indexed annuity, structured annuity, variable annuity, immediate income and deferred income annuity product lines.

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Originally Posted at InsuranceNewsNet on December 2, 2024 by Staff Reports.