Filed Under:Annuities, Fixed Indexed

Allstate taps ING U.S. as fixed annuity sales partner

(AP Photo/LM Otero)
(AP Photo/LM Otero)

Back in July when it announced the sale of Lincoln Benefit Life Co. and thus its exit from the life and annuity business, Allstate Corp. also stated it intended to find a third-party company to offer retirement products, like fixed annuities, to its customers. Today, the insurer reported that it has entered into a strategic alliance with ING U.S. to do just that.

Beginning in January, Allstate will offer ING U.S.’s suite of fixed annuities, including ING Single Premium Immediate Annuity, ING Secure Index and ING Lifetime Income. By year’s end, Allstate plans to cease sales of its Growth and Income Protector, IncomeReady and RightFit annuities.

Featured Video

Most Recent Videos

Prospects not listening to voice mail? Arrange a phone date

Provided by LIFEHEALTHPRO

Redesigning your phone life is more important than finding the “best words” for a voice mail in today’s culture.

Behind the scenes with Vicki Gunvalson [VIDEO]

Provided by LIFEHEALTHPRO

In this exclusive interview, Vicki Gunvalson shares how she built a $15 million a year annuity business by planning for...

Regulator: Market may need to reinvent LTCI

Provided by LIFEHEALTHPRO

Cioppa says Maine's governor wants to spur the creation of better products.

Dementia: It's more than Alzheimer's

Provided by LIFEHEALTHPRO

An association calls for policymakers to remember lesser-known neurodegenerative conditions.

Related resources

More Resources

Comments

Power your business with up-to-the-minute insurance news, analysis, and best practices from LifeHealthPro Daily eNewsletter – FREE.

Power your business with LifeHealthPro Daily eNewsletter – FREE.

Enter a valid email address.
Close
Nichole Morford

Nichole Morford
Managing Editor

Thank you for subscribing to LifeHealthPro Daily!

Check Out More eNewsletters Now! Close

Advertisement. Closing in 15 seconds.