FTLife launches the all-new Prosperous Deferred Annuity plan helping customers start retirement planning straight away - updated version. Markets Insider, November 7, 2019.
The new Prosperous Deferred Annuity plan is a Qualifying Deferred Annuity Policy (QDAP), with an issue age of 30-70 years. It offers flexible premium payment periods and accumulation periods. A death benefit is offered either as a lump sum or as a monthly annuity payment continuity to the beneficiary.
Manulife Hong Kong launches tax-deductible ManuLeisure Deferred Annuity. Press release, October 9, 2019.
ManuLeisure Deferred Annuity (ManuLeisure) is a tax-deductible Qualifying Deferred Annuity Policy (QDAP).
The issue age is from 18 to 60 years of age. It includes a critical illness advance benefit and a terminal bonus.
Liberty Assurance introduces a new product for retirees. The Star (Kenya), October 24, 2019.
'Boresha Ustaafu' is available for individuals aged 50 years and above. It allows for ad hoc payments of Sh300,000 or more in addition to the minimum single purchase amount of Sh2 million. The funds will be invested into the conservative or balanced portfolios which offer stable returns and are low risk. The minimum draw-down period allowable is 10 years from the commencement date of the plan.
F&G Announces Next-Generation accumulation annuity: F&G Power Accumulator. PR Newswire, December 4, 2019.
F&G Power Accumulator is a fixed index annuity. The annuity has no annual fee and is benchmarked to real returns.
Eagle Life announces new income product. Business Wire, November 15, 2019.
The Eagle Select Income Focus is a fixed index annuity product. It includes the Lifetime Income Benefit Rider which comes with a Wellbeing Benefit option. There is no annual fee applied to the contract.
AgeUp to offer new kind of financial protection for life after 90. PR Newswire, November 13, 2019.
AgeUp is an annuity for people aged over 90 years of age. It provides an income stream for later in life.
The monthly premiums start as low as $25.00 a month. It is designed for intergenerational use catering for adult children that are supporting their aging parents.
Security Benefit launches new fixed index annuity (FIA) series to help Americans safely meet asset accumulation goals. Business Wire, October 28, 2019.
Security Benefit announces the launch of the Strategic Growth Annuities Series. It includes two new FIAs: the Strategic Growth Annuity and the Strategic Growth plus Annuity .The Strategic Growth Annuity features accumulation-oriented caps, participation rates and spreads without a bonus. The Strategic Growth plus Annuity features a six percent premium bonus with competitive caps.