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  • SECOND QUARTER 2016 INDEXED LIFE SALES

    August 26, 2016 by Sheryl J. Moore

     

    Indexed Life
    Indexed life sales for the second quarter of 2016 were $441 million, compared with sales of $458 million for the second quarter of 2015. Second quarter indexed life sales were up over 2.00% when compared with the previous quarter, and down nearly 4.00% as compared to the same period last year.

    Total 2Q2016 indexed life sales were $441,000,759

    THE TOP TEN INDEXED LIFE CARRIERS FOR THE Second QUARTER OF 2016:
    1. Transamerica
    2. National Life Group (NL/LSW)
    3. Pacific Life Companies
    4. Minnesota Life
    5. Nationwide
    6. Voya Financial
    7. Zurich American Life (est)
    8. AXA US
    9. Lincoln National Life
    10. Prudential Companies

    AVERAGE TARGET PREMIUM:
    The average target premium paid was $6,401; a decline of more than 13.00% from the prior quarter.

    LEADERS BY CHANNEL:
    Bank- Pacific Life Companies
    Career- AXA US
    Direct Response- AIG
    Independent Agent- Transamerica
    Independent Broker Dealer- Ameritas
    National Broker Dealer- Nationwide

    TOP SELLING PRODUCTS BY CHANNEL: 
    Overall- Transamerica Premier Financial Foundation IUL
    Bank- Pacific Life Pacific Indexed Performer LT
    Career- Bankers Life & Casualty ClearVantage IUL
    Direct Response- American General Life AG Extend IUL
    Independent Agent- Transamerica Premier Financial Foundation IUL
    Independent Broker Dealer: Protective Life Protective Indexed Choice UL
    National Broker Dealer- Nationwide Nationwide YourLife IUL Accumulator

    currency