IUL Premium Growth Nearly 3X Industry Average In 2Q
October 17, 2017 by Cyril Tuohy
Indexed universal life (IUL) was a rock star among life insurance products in the second quarter, according to LIMRA data.
Although annualized premiums for all major life insurance products showed gains in the second quarter, IUL was the primary driver behind those gains. New annualized IUL premium rose 8 percent in the second quarter, nearly three times the overall industry average.