Tuesday, June 1, 2010

Guaranteed Income Benefits Very Popular In Variable Annuities

87% - Percentage of consumers who elected guaranteed living benefits in the first quarter of 2010.

$440 billion – Variable annuity assets with guaranteed living benefits at the end of the first quarter, up +7% from year-end 2009.

75% - Amount of new premium sold with a guaranteed lifetime withdrawal benefit rider.

$1.433 trillion – Total variable annuity assets at the end of the 1st quarter of 2010.

16% - Percentage of consumers who elected annuities with guaranteed minimum income benefit riders.

4% - Percentage of consumers who elected annuities with guaranteed minimum accumulation benefit riders.

$17.2 billion – New deferred variable annuity premium with guaranteed living benefits in the 1st quarter of 2010.

90% - Guaranteed lifetime withdrawal benefit election rate among independent advisors, as well as wirehouse brokers.

No comments:

Post a Comment