Symetra Second Quarter 2015 Annuity Sales Top $1 Billion
Fixed indexed annuities—including new Symetra Edge Plus FIA—help drive record sales
“Symetra’s milestone quarter of FIA and traditional fixed annuity sales was driven by new product launches and our continued expansion and increased penetration of the bank and broker-dealer distribution network,” said
Introduced in
To help sustain growth, Symetra’s Retirement Sales team has expanded its wholesaling support, adding six wholesalers since
Symetra Edge Plus is available through select banks and broker-dealers. For more information about Symetra Edge Plus, Symetra Edge Premier and other Symetra annuity products, call the Symetra Retirement Sales Desk at 1-800-706-0700.
About Symetra
Symetra Edge Plus Fixed Indexed Annuity and Symetra Edge Premier Fixed Indexed Annuity are individual single premium fixed indexed deferred annuities with a market value adjustment feature. In
This is not a complete description of Symetra Edge Plus Fixed Indexed Annuity and Symetra Edge Premier Fixed Indexed Annuity. See the Contract Summary describing Symetra Edge Plus Fixed Indexed Annuity and Symetra Edge Premier Fixed Indexed Annuity for a more complete description.
Annuity contracts have terms and limitations for keeping them in force. Please call your insurance producer or advisor for complete details.
Guarantees and benefits are subject to the claims-paying ability of
Symetra Edge Plus Fixed Indexed Annuity and Symetra Edge Premier Fixed Indexed Annuity have fixed and indexed accounts. Interest credited to indexed accounts is affected by the value of outside indexes. Values 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.
Indexed interest is calculated and credited (if applicable) at the end of an annual interest term. This means amounts withdrawn from the indexed account before the end of the annual interest term will not receive indexed interest for that term.
It is not possible to invest in an index.
If the contract is being funded with multiple purchase payments, i.e. 1035 exchanges, funds will be held and the contract will not be issued until all purchase payments have been received. Interest is not credited between the dates the purchase payments are received and the date the contract is issued.
Except for the JPMorgan ETF Efficiente 5 Index, the performance of an index does not reflect the payment or reinvestment of dividends.
Symetra reserves the right to add or remove any index or indexed interest crediting method options. If any index is discontinued or if the calculation of any index is changed substantially, Symetra reserves the right to substitute a comparable index.
The JPMorgan ETF EfficienteSM 5 (“JPM ETF Efficiente Index”) has been licensed to
Products and features vary by distributor.
Symetra® is a registered service mark of
ESYC-104 8/15
View source version on businesswire.com: http://www.businesswire.com/news/home/20150803005965/en/
diana.mcsweeney@symetra.com
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