The new Department of Labor’s fiduciary rule was designed to steer distributors away from commission-based sales, which has many insurers making changes to their line-ups. Included in these changes are new fee-based fixed indexed annuities for independent marketing organizations. But this sector, which has sold …
Have you heard of “buffer annuities?” They’re described as sort of a cross between variable and indexed annuities. Through exposure to structured products like options contracts, they boast a protection to the downside in exchange for a cap to the upside. Several industry players have …
There is a lot going on in the annuity industry right now, particularly when it comes to fixed indexed annuity products. LifeHealthPro’s Kristen Beckman interviewed Allianz Life’s Eric Thomes about the state of the industry in the article “Allianz Life exec: Index variable annuities address …
Allianz Life is the top seller of fixed indexed annuity products. Last year, Wink’s Sales & Market Report showed that they sold $53 billion of indexed annuities, which was a 33% sales increase from the year before. Allianz Life Insurance of North America is a …
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