The companies of National Life Group launch series of fixed indexed annuities with exclusive new feature
July 6, 2023 by National Life Group
Montpelier, Vermont – The companies of National Life Group are the first in the industry to liberate clients from only one interest crediting day in the year with its new single premium deferred indexed annuities, available June 24. Exclusive to National Life is the new innovative, indexed annuity feature, the Dollar Cost Averaging option, which spreads the index crediting over 12 months.
“We are thrilled to offer this new series of products that can be custom tailored to serve the varied retirement needs of each individual,” Chairman, CEO and President Mehran Assadi said. “With this innovation, National Life continues to do good and serve the needs of middle America, helping everyone retire with dignity.”
The new products also include:
- Guaranteed Lifetime Income Rider that can be activated in the first policy year.
- Multiple premiums that can be paid in the first 90 days after issue, helping clients with multiple rollovers.
- Choice of a 7- or 9-year surrender period, so clients can choose the right solution based on their goals.
- 2-year Point-to-Point indexing, in addition to 1-year Point-to-Point indexing strategies.
About National Life Group
National Life is here to bring you peace of mind. We’ve been keeping our promises since 1848. Believe in tomorrow. Do good today. Learn more at NationalLife.com
Contact: Daphne Larkin, corporate communications, National Life Group, 802-229-3607.
National Life Group® is a trade name of National Life Insurance Company, founded in Montpelier, Vermont, in 1848, Life Insurance Company of the Southwest, Addison, Texas, chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York.
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