Saw this and thought it was a good article about the differences between the two and when to use either. Hope you like it!
Indexed Annuities or Indexed Life: Top Producers Use Both
Take a look at this chart from AnnuitySpecs.com that shows industry sales volumes of indexed products, and it is clear why agents would want to be selling indexed annuities and indexed life insurance. During a decade where sales of traditional fixed or variable products have bounced up and down from year to year, both types of indexed products have seen a remarkably steady rise in popularity.
These rising sales trends are due to the attractive combination of guarantees and enhanced interest crediting potential that indexed products offer to our clients. But while indexed annuities and indexed life insurance share a common way of crediting interest, they also have some significant differences that make one or the other a better fit for each particular client.
Many agents sell indexed annuities, but not indexed life insurance, or vice versa. But since there are situations where one is clearly superior to the other, to serve your clients best, you should know how – and when – to sell each.
Read more about which product is best suited over the other in certain cases...
Indexed Annuities or Indexed Life: Top Producers Use Both
Indexed Annuities or Indexed Life: Top Producers Use Both
Take a look at this chart from AnnuitySpecs.com that shows industry sales volumes of indexed products, and it is clear why agents would want to be selling indexed annuities and indexed life insurance. During a decade where sales of traditional fixed or variable products have bounced up and down from year to year, both types of indexed products have seen a remarkably steady rise in popularity.
These rising sales trends are due to the attractive combination of guarantees and enhanced interest crediting potential that indexed products offer to our clients. But while indexed annuities and indexed life insurance share a common way of crediting interest, they also have some significant differences that make one or the other a better fit for each particular client.
Many agents sell indexed annuities, but not indexed life insurance, or vice versa. But since there are situations where one is clearly superior to the other, to serve your clients best, you should know how – and when – to sell each.
Read more about which product is best suited over the other in certain cases...
Indexed Annuities or Indexed Life: Top Producers Use Both
