First Guaranteed Income Rider Comes to FIAs

September 19, 2017 by Cyril Tuohy

Lincoln Financial’s i4LIFE Indexed Advantage is the first guaranteed income benefit rider to appear on a fixed indexed annuity (FIA), an annuities market expert said.

Guaranteed income benefits riders have been a staple of variable annuities for years.

“It is the first guaranteed income benefit to be introduced in the indexed annuity market,” said annuity market expert Sheryl J. Moore, president and CEO of Moore Market Intelligence and Wink Inc.

Wink publishes the life and annuity industry data tracker, Wink’s Sales & Market Report.

“I am anxious to hear salespeople’s reactions to the rider,” Moore said.

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Originally Posted at InsuranceNewsNet on September 18, 2017 by Cyril Tuohy.