Symetra Edge Pro(SM) Fixed Indexed Annuity Completes National Rollout - Insurance News | InsuranceNewsNet

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June 21, 2011 Newswires
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Symetra Edge Pro(SM) Fixed Indexed Annuity Completes National Rollout

BELLEVUE, Wash.--(BUSINESS WIRE)-- Symetra Life Insurance Company today announced that its new single-premium fixed indexed annuity (FIA) product, Symetra Edge Pro(SM), is now available nationwide through its distribution network of banks, broker-dealers and general agencies. This follows an initial launch of the product with select partners in April 2011.

“We received positive feedback from distribution partners following our April Edge Pro launch, and we look forward to giving more distributors and customers the opportunity to examine the features of our innovative fixed indexed annuity product,” said Dan Guilbert, executive vice president of Symetra’s Retirement Division. “We believe Edge Pro offers a compelling option for customers — one that delivers protection, access, tax-deferred growth and the opportunity to create guaranteed retirement income.”

Designed to meet the retirement planning needs of customers looking for diversification and principal protection, Symetra Edge Pro offers a choice of two indexes — S&P 500® Index and the S&P GSCI® Excess Return Index — as well as a fixed account option and guaranteed minimum value feature. Symetra Edge Pro allows customers to allocate money to accounts where interest is based on the performance of both indexes, giving their money a chance to grow through the power of diversification.

For more information about Symetra Edge Pro, visit www.symetra.com/edge-pro or call the Symetra Life and Retirement Sales Desk at 1-800-706-0700.

About Symetra

Symetra Life Insurance Company is a subsidiary of Symetra Financial Corporation (NYSE: SYA), a diversified financial services company based in Bellevue, Wash. In business since 1957, Symetra provides employee benefits, annuities and life insurance through a national network of benefit consultants, financial institutions, and independent agents and advisors. For more information, visit www.symetra.com.

Symetra Edge Pro Fixed Indexed Annuity is an individual single premium fixed indexed deferred annuity with a market value adjustment feature issued by Symetra Life Insurance Company, 777 108th Ave. NE, Suite 1200, Bellevue, WA 98004. Contract form number is RSC-0341 11/10 for most states and in Oregon RSC-0341/OR/NQ 11/10. Product not available in all U.S. states or any U.S. territory.

Guarantees and benefits are subject to the claims-paying ability of Symetra Life Insurance Company.

Symetra Edge Pro Fixed Indexed Annuity has fixed and indexed accounts. Interest credits for indexed accounts are affected by the value of outside indices. Values and benefits based on the performance of any index are not guaranteed and may increase or decrease. The contract does not directly participate in any outside investment. Interest in the indexed accounts may not be credited due to the method used to calculate and credit interest.

Standard & Poor's®”, “S&P®” and “S&P GSCI®” are registered trademarks of Standard & Poor's Financial Services LLC and have been licensed for use by Symetra Life. Symetra Edge Pro is not sponsored, endorsed, sold or promoted by Standard & Poor's and Standard & Poor's does not make any representation regarding the advisability of investing in Symetra Edge Pro. The S&P GSCI® Index is not owned, endorsed, or approved by or associated with Goldman Sachs & Co. or its affiliated companies.

It is not possible to invest in an index.

Symetra® and the Symetra Financial logo are registered service marks of Symetra Life Insurance Company.

Symetra Edge(sm) is a service mark of Symetra Life Insurance Company.

AOXP-366 6/11

Symetra FinancialDiana McSweeney, 425-256-6167
[email protected]

Source: Symetra Financial

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