Linda Koco, MBA, is a contributing editor to InsuranceNewsNet, specializing in life insurance, annuities and income planning.
In a new report, consultants make a case for carriers to consider offering such benefits in their life policies.Read
Nine years ago, only 10 companies offered indexed universal life and wrote about $100 million — a rounding error in the $100 billion life insurance market (give or take a few dozen billion). Last year, 50 companies jumped into the game and sold about $1.4 billion. That’s still a drop in the $130 billion broader life insurance market, but consider this: What else is going gangbusters in the life insurance industry, besides fixed index annuities?Read