Wink Finds Small Drop in U.S. Individual Life Sales
June 9, 2020 by Allison Bell
Changes in U.S. life insurers’ pricing rules may have cooled sales of non-variable individual life products in the first quarter.
Wink Inc. found that total non-variable individual life sales fell to $770 million in the first quarter, down 2.5% from the total for the first quarter of 2019.
The Des Moines, Iowa-based company bases its numbers on results from a voluntary issuer survey.
Wink collects data on whole life sales and fixed universal life sales. It also collects data for an indexed life category that includes both indexed universal life and indexed whole life.