Standard Insurance Company (The Standard) reported today that the Index Select Annuity is currently accessible through LPL Financial, LLC. LPL Financial is the biggest free representative vendor in the United States.
This single premium conceded fixed file annuity has profits based for the upside execution of the well-known S&P 500 ® file. Customers can pick one or these choices: record crediting with a top rate, file crediting with a cooperation rate or fixed enthusiasm crediting.
Utilizing the support rate file crediting system, customers procure intrigue dependent on a level of the development of the S&P 500 record every year. The incomes are then bolted into the record intrigue record esteem and won’t be diminished in light of negative list execution later on.
“The support rate list crediting system is an extraordinary alternative in light of the fact that earned premium isn’t constrained by a yearly record rate,” said Rich Lane, executive of Individual Annuity Sales and Marketing at The Standard.
The Standard likewise has a longstanding reputation of buyer well-disposed annuity items and administration rehearses, all supported by the money related quality of The Standard including 100+ long periods of “A” rating or higher from A.M. Best Company.
Standard and Poor’s 500 and S&P 500 ® are trademarks of The McGraw-Hill Companies, Inc., and have been authorized for use by Standard Insurance Company. The item isn’t supported, embraced, sold or advanced by Standard and Poor’s, and Standard and Poor’s makes no portrayal with respect to the fitness of buying the item. The S&P 500 record does not ponder profits paid the basic stocks.
The assurances of the annuity depend on the monetary quality and cases paying capacity of Standard Insurance Company. An annuity ought not to be obtained as a momentary speculation. As a speculator, you are forewarned to deliberately survey a record annuity for its highlights, costs, dangers and techniques for computing the factors.
The item and its highlights may not be accessible in all states and are liable to change. It would be ideal if you allude to the agreement for a total and point by point clarification of advantages, impediments and confinements.