Security Benefit Increases Lineup Of Indexes For Fixed Annuities
April 25, 2023 by FA Staff
Security Benefit has expanded its lineup of indexes for its Foundations Annuity by two to create additional diversification, the firm announced recently.
The Topeka, Kan.-based Security Benefit Life Insurance Company, a subsidiary of Security Benefit Corp., now offers five indexes designed to perform in varied market conditions.
“By employing an index as an interest crediting option, a fixed income annuity like Foundations has the potential to credit interest when the index goes up,” Toby Leonard, associate vice president and head of product development for Security Benefit, said in a statement.
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