Security Benefit Secure Income Annuity
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The longer you or your co-covered person live the greater the benefit of this annuity.
Security benefit secure income annuity. We have products designed to keep your money safe as well as products that guarantee income youll never outlive. These Consumer Approved materials will assist you in better educating your clients. With this product you could qualify for up to an 8 bonus on purchase payments that are made in the first year.
The Fixed Account annual point-to-point index account with cap based on the SP 500 Index and monthly sum index account based on the SP 500 Index. The lawsuit targets two of Security Benefits FIAs the Total Value and Secure Income annuities both of which were offered with proprietary indices that the. We will update this site when SIA is available for sales.
The plan was to allow this product to be available until it reached 2 Billion in assets. Secure Income Annuity offers a combination of contract guarantees bonus flexible interest choices and withdrawal options. Annuities have evolved significantly in the past few years.
As of January 2014 the Fixed Account current interest rate was 150. For Agent Only reference sheets click here. The Secure Income Annuity a flexible premium deferred fixed index annuity issued by Security Benefit Life Insurance Company can be a sensible part of your retirement savings plan.
For more information about Security Benefit or our partnership with Advisors Excel visit the About Us. The Security Benefit Secure Income Annuity Form 5800 11-10 and ICC10 5800 11-10 a flexible premium deferred fixed index annuity contract and the optional Guaranteed Lifetime Withdrawal Benefit Rider GLWB form 5820 11-10 and ICC10 5820 11-10 are issued by. The Bonus is applied to both your Account Value and Benefit Base.
The Security Benefit Life Secure Income Annuity a fixed index annuity issued can be a sensible part of your income plan for retirement. The Benefit Base is not an amount that is available for withdrawal or as a death benefit or upon annuitization. Optional guaranteed lifetime income With your annuity you can purchase an optional Guaranteed Lifetime Withdrawal Benefit GLWB Rider that guarantees you income for your lifetime and allows you to know the guaranteed minimum income you will have.