Annuity Update: Security Benefit, Great American, Annuities Genius, Transamerica
October 29, 2019 by Allison Bell
Security Benefit Life Insurance Company, a unit of Security Benefit Corp., launched two new indexed annuity contracts Monday.
The annuities are part of a new Strategic Growth Series Annuities family of annuities.
Both products are filed with regulators as non-variable contracts.
The Strategic Growth Annuity contract comes without a bonus and is aimed at purchasers who want high participation rates and spreads, according to Security Benefit, which is based in Topeka, Kansas.