Seeking to appeal to independent agents, eager to capitalize on robust sales and eyeing steadily rising interest rates, Security Benefit Life has introduced a version of its RateTrack floating rate annuity that adds a lifetime income benefit.
The launch of the RateTrack Plus Annuity this week comes nearly two years after the entry of RateTrack, a floating-rate fixed annuity that company president Doug Wolff said has racked up “north of $2 billion” in sales.
“We have a lot of happy sellers and a lot of happy policyholders,” said Wolff, head of Security Benefit Life, the Topeka, Kan., based life and annuity […]
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