Indexed annuities and universal life (IUL) insurance propel the industry to the forefront of retirement strategies. As Americans are gravitating toward financial products that offer the potential for gains without the accompanying risk of market losses, there’s an opportunity for financial professionals to leverage this growing trend.
According to LIMRA, indexed annuities set new records in 2024, with FIA (fixed indexed annuity) sales reaching $125.5 billion, up 31% from the prior year. Similarly, IUL products have emerged as one of the fastest-growing segments in the life insurance market. This surge in popularity can be attributed to many factors including: ARTICLE