Filed Under:Annuities, Variable

Securian Financial unit rolls out new annuity product line

Photo credit: Stuart Miles
Photo credit: Stuart Miles

Minnesota Life, a unit of Securian Financial Group, St. Paul, Minn., has debuted a new Guide Series to its MultiOption variable annuity product line. Attributes of the MultiOption Guide products include:

  • A simplified suite of variable annuities, including product available in a B series with a seven-year surrender charge and an L series with a four-year surrender charge.
  • Optional living benefits, including Ovation Lifetime Income II, which establishes a benefit base for calculating guaranteed annual income either via withdrawals or annuitization.
  • A streamlined investment lineup that simplifies the process of build VA portfolios.

 

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Nichole Morford

Nichole Morford
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