Sentences with phrase «sell than variable annuities»

Not exact matches

Five years ago wirehouses would tell insurers they had no interest in selling indexed products, but that was when variable annuity sales were higher than they are now.

Time was, when a company wanted to stop selling a variable annuity, it could «Great - West» the product, she recalls, meaning if the carrier sold no more than 5,000 contracts total (among other conditions), it would not have to update the product registration statement.

The main selling point with variable annuities is their potential to earn more than fixed income annuities.