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What Are Annual Index Annuity Sales?

annual Annuity index sales
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What Are Annual Index Annuity Sales?

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Index annuities were introduced in 1995. Since that time sales have grown to over $5 billion a year. By spring 2009, index annuities represented $15 billion of in force annuity contracts. This represents the fastest growth of any insurance product heretofore introduced.

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