Wednesday, May 07, 2008

 

Four Simple Steps to Selling Millions in Annuities

The fixed indexed annuity, for merly known as the equity indexed annuity, is a marvelous, creative product. First brought to the marketplace by Keyport Insurance Company in February 1995, this product combines the safety of a fixed annuity with the market appreciation of a variable annuity. The growth of fixed indexed annuities (FIA) since 1995 has been amazing; sales have ballooned from $500 million to more than $25 billion in 2006. Today, more than $120 billion in FIAs are in force, and that figure continues to grow dramatically.

Four Simple Steps to Selling Millions in Annuities
Source: Insurance News Net

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