Pacific Life Ranked #1 Seller of Indexed Universal Life Insurance With $1.6 Billion of Target Premium Sold in 19 Years - Insurance News | InsuranceNewsNet

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April 22, 2018 Newswires
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Pacific Life Ranked #1 Seller of Indexed Universal Life Insurance With $1.6 Billion of Target Premium Sold in 19 Years

Targeted News Service (Press Releases)

ALISO VIEJO, California, April 18 -- Pacific Life, an insurance company, issued the following news release:

Pacific Life Insurance Company was recently named the #1 seller of Indexed Universal Life Insurance (IUL)1 for the 19 year period from 1998 -2017 by Wink's Sales & Market Report. The company entered the IUL marketplace in 2005 and by year- end 2017 had sold $1.6 billion of aggregate target premiums.

"I attribute our success in IUL sales to our innovative approach to product development that gives policyholders flexibility to protect their families and plan for their retirements," said John O'Donnell, vice president of product and marketing for the Life Insurance Division of Pacific Life Insurance Company.

IUL policies provide death benefits that can help protect families and businesses from unexpected losses. With an IUL policy, you can benefit from the upside potential of positive index performance without directly participating in the equities markets. Policyholders with Pacific Life Insurance Company IUL policies can choose from up to seven indexed accounts that credit interest, based in part, on the performance of domestic and international indexes.2

Financial professionals can learn more about the company's top-selling IUL products by contacting their Pacific Life representative or by calling (866) 722-9555.

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