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3rd Quarter Indexed Life and Annuity Sales Show Strong Numbers

The future is certainly looking bright for indexed life and annuities! According to “Wink’s Sales & Market Report, 3rd Quarter 2014”, indexed annuity sales for the third quarter of 2014 were up 14% compared to this time last year: $11,488 million as opposed to $10,050 million. Agent commissions were also up slightly, topping out at just over 6%. Indexed life carriers saw greatly improved numbers, too, with third quarter sales $372 million. Compared to last year’s $314 million, that’s an improvement of more than 18%. Indexed life premiums were also up 7%, too, with targets averaging $6490. There are signs that these growth trends will continue as the national economy continues to recover and more Baby Boomers gear up for retirement. There has never been a better time to get contracted with Davis Life & Annuity. Give us a call at 800.747.5612 to get started today!

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