Second Quarter Indexed Life & Annuity Sales Still Solid

Despite dipping just over 2% from 2014, indexed annuity sales were up nearly 8% over first quarter, 2015. According to Wink Sales & Market Report, indexed annuity sales totaled more than $12.2 billion. Commissions also held steady at 5.84%, up .05% from the previous quarter.

Indexed life sales showed considerable gains over second quarter, 2014 sales. Second quarter, 2015 sales totaled $458 million, an increase of almost 30% over 2014, and 20% higher than first quarter, 2015. Average target premium also increased to $7517, up 8% from the previous quarter.

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