Indexed annuities and universal life (IUL) insurance propel the industry to the forefront of retirement strategies. As Americans are gravitating toward financial products that offer the potential for gains without the accompanying risk of market losses, there’s an opportunity for financial professionals to leverage this growing trend.
Key takeaways
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- Indexed products are booming due to their growth potential and safety features.
- Index participation, strong interest rates, and retirement needs drive demand.
- Success lies in educating clients, simplifying products, and staying compliant.