Symetra Issues Products to Protect Against Market Volatility

Bellevue, Wash. — Symetra Life Insurance Co., a company that, with its subsidiaries, provides life insurance, annuities, employee benefits and retirement plans through a national network of independent agents and advisors, announced the availability of its “Stability Suite” of products. Designed to help people weather the economic storm, the products provide guaranteed interest rate returns, market risk-proof reliability and steadfast income protection during turbulent times.

Stability Suite products include:

* The Advantage Income Annuity — a flexible retirement income solution designed to reduce financial risks. A one-time purchase locks in guaranteed income payments that are insured against losing value, and include a lifetime income stream option. Retirees can even schedule regular pay increases and take withdrawals as often as every 36 months without incurring surrender fees.

* The Custom Fixed Annuities — dependable, steady-return products to build tax-deferred retirement savings. The products’ predictable fixed interest rates do not fluctuate based on the markets, and can be a good fit for customers concerned about market risk.

“With ongoing economic uncertainty, people want simpler financial solutions and more secure ways to build savings,” says Rich Lindsay, SVP of the Life & Annuities division at Symetra Financial. “Symetra’s Stability Suite meets the needs of increasingly risk-averse consumers and helps guard against financial market turmoil.”

Source: Symetra Financial

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