As interest in annuities rise in today’s market environment, are you ready to take a second look?
Annuity sales in 2019 reached their highlest levels since 2008 due to the continued swelling of demand for protection and guaranteed income solutions among consumers entering and nearing retirement. The insurance industry continues to have a bright future as the sole provider of solutions that can help retirees and those planning for retirement create lifetime guaranteed income from their savings.
Annuity Sales Climbed in 2019
$242B $140B Total Annuity Sales 3% In Fixed in 2019 Overall Increase Annuity Sales in 2019
Source: www.advisorsmagazine.com based on LIMRA Secure Retirement Institute (SRI) data.
Top 5 Annuity Sellers in 2019
$19.6B $19.4B $14.8B $13.4B $12.3B Jackson AIG Lincoln New York Allianz Life National Financial Life
Source: LIMRA Secure Retirement Institute U.S. Individual Annuities Sales Survey.
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