8 reasons why FIA sales are soaring
August 11, 2015 by Peggy Bresnick
Fixed index annuities combine the reliability and predictability of a fixed annuity with the ability to benefit from stock market trends inherent in index annuities, which rely on a stock market index like the Dow Jones Industrial Average or the Standard & Poor’s 500. Individuals that opt for fixed index annuities have the security of a fixed annuity with the upside potential of an index annuity.
It appears that the public is catching on to the benefits of FIAs, as sales have been increasing steadily and sharply over the past several years. According to Wink Inc., provider of competitive intelligence to the life insurance and annuity industries, industry sales of FIAs for 2014 were nearly $46.9 billion, up 18 percent from 2013 levels. Click HERE to read article