Federal Life Plans to Offer Crypto Contracts: Annuity Moves
October 13, 2021 by Allison Bell
Federal Life Insurance Co. wants to help wealthy, sophisticated investors tie variable annuity returns to the performance of cryptocurrencies.
The Riverwoods, Illinois-based insurer is preparing to introduce a private placement variable annuity that will let owners link some of the account value to Bitcoin assets, Ether assets and other cryptocurrency assets.
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Originally Posted at ThinkAdvisor on October 7, 2021 by Allison Bell.
Categories: Industry Articles