Lincoln Benefit Life Puts its Strength Behind New Saver's Index® Annuities
Customized Product Solutions Help Secure Made-to-Order Retirement Dreams
Ask 10 people how they want to spend retirement and the odds are 10 different responses will follow. Customers are looking for customized solutions to achieve their unique retirement dreams. Producers now have two new products that deliver greater value to customers looking to secure their retirement. Lincoln Benefit Life Company (LBL) is expanding its Saver's Index® Annuity Series with Saver's Index® Annuity Plus and Saver's Index® Annuity Premier, available March 3, 2006.
These two new annuity products build on the Saver's Index Annuity Series' 11-year track record. The LBL series has one of the longest published interest rate histories of any indexed annuity in the marketplace today.
"LBL is recognized as a leader in this market," said Kevin Slawin, president, Distribution, Allstate Life Insurance Company. "And, we're proud to introduce a creative solution that enables producers to help customers chart their way, to reach their financial goals and to protect their dreams."
Saver's Index Annuity Plus and Saver's Index Annuity Premier offer top-notch features that allow customers to access money when they need it through an Activities of Daily Living Waiver and a choice of surrender-charge periods as short as five years. Each product has a selection of four crediting strategies, including the innovative Low Water Mark Option, and a fixed account. The ability to mix crediting strategies to meet individual needs and a 100 percent participation rate also provide customers greater upside potential.
"These products are ideal for customers who are seeking a secure way to save for retirement and want to have personal choice in how they get there," says Slawin. "They are also looking for potentially higher returns than other fixed rate alternatives and the ability to access their money when they need it."
Saver's Index Annuity Plus and Saver's Index Annuity Premier are sold by financial representatives and Allstate agents licensed to sell Lincoln Benefit Life products. For more information, visit www.accessallstate.com.
For more than 65 years, Lincoln Benefit Life Company has been an innovator in bringing insurance and annuity products to policyholders nationwide. Lincoln Benefit Life was acquired in 1984 by Allstate Life Insurance Company specifically for its ability to develop competitively priced insurance and annuity products for distribution through independent agents. By the end of 2004, the company had $211.3 billion of life insurance in force. And its financial strength and ability to meet its obligations to policyholders are reflected in the high rankings it has received by independent statistical rating agencies. Lincoln Benefit Life prides itself on its ability to provide exceptional products and service to its customers.
Lincoln Benefit Life Company is a proud member of the Insurance Marketplace Standards Association - IMSA. Membership signifies commitment to honesty and fairness in the sales and service of individually sold life insurance and annuity products.
Now celebrating the 75th anniversary of the founding of Allstate Insurance Company, The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer. Widely known through the "You're In Good Hands With Allstate®" slogan, Allstate helps individuals in approximately 17 million households protect what they have today and better prepare for tomorrow through approximately 14,100 exclusive agencies and financial professionals in the U.S. and Canada. Customers can access Allstate products and services such as auto insurance and homeowners insurance through Allstate agencies, or in select states at allstate.com and 1-800 Allstate®. EncompassSM and Deerbrook® Insurance brand property and casualty products are sold exclusively through independent agents. The Allstate Financial Group provides life insurance, supplemental accident and health insurance, annuity, banking and retirement products designed for individual, institutional and worksite customers that are distributed through Allstate agencies, independent agencies, financial institutions and broker-dealers.
FOR MORE INFORMATION:
Jennifer Topolewski, Media Relations, (847) 402-5600