Lincoln Gains Traction In 2Q With Indexed Variable Annuities
August 10, 2021 by Steve Morelli
Lincoln Financial’s shift to registered index-linked annuities and other variable annuity products showed greater traction in the second quarter. The company announced a record-setting increase in income driven primarily by a 28% increase in annuity sales over the second quarter of 2020.
The increase offset a drop in fixed annuity and life insurance sales over the quarter, which aligns with Lincoln’s plan to move toward what it calls indexed variable annuities and variables without guarantees.