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Indexed annuity sales smashed a previous record in 2018.
Now, indexed annuities are set for more substantial growth in the near future.
According to LIMRA projections, overall annuity sales are projected to be $280 million by the year 2023. What’s more, fixed indexed annuities are set to see a 38% increase in sales by 2023.
It’s a great time to talk to your clients about annuities.
Check out the infographic below for more details.
Related: How to Gain Client Interest in Annuities [Infographic]
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Source: LIMRA. 2019. “A Future View of Annuity Sales.”