Annuity Update: Security Benefit, Great American, Annuities Genius, Transamerica

October 29, 2019 by Allison Bell

Security Benefit Life Insurance Company, a unit of Security Benefit Corp., launched two new indexed annuity contracts Monday.

The annuities are part of a new Strategic Growth Series Annuities family of annuities.

Both products are filed with regulators as non-variable contracts.

The Strategic Growth Annuity contract comes without a bonus and is aimed at purchasers who want high participation rates and spreads, according to Security Benefit, which is based in Topeka, Kansas.

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Originally Posted at ThinkAdvisor on October 29, 2019 by Allison Bell.