Securing Benefits for Key Employees - Product Features

Immediate Annuities

• If the annuitant dies prior to the annuity commencement date, the net premium is paid to the contractholder.
• Payment begins as early as 30 days following receipt of the premium and complete participant data.

Deferred Annuities

• Payment of benefits may be deferred until the participant is ready to begin receiving income payments.
• Alternate payment options available include (but are not limited to) the following, as permitted and requested by the plan:
  • Preretirement death benefit
  • Lump-sum cash option
  • Return of premium income protection feature
  • Annual cost-of-living adjustments to help fight inflation

Other Products