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EIA guaranteed lifetime withdrawals.


AmerUs Group has introduced a minimum withdrawal benefit for its equity-indexed annuity equity-indexed annuity

A contract with an insurance company that promises periodic payments keyed in a specified manner to a stock market index. Unlike variable annuities, equity-indexed annuities specify a guaranteed minimum return that is typically 3%.
 line. Available through a rider, it provides steady income guaranteed for life regardless of contract performance. Policyholders may start or stop the withdrawals under this benefit at any time and still preserve the complete package of guarantees and other benefits offered by an indexed annuity annuity: see insurance.
annuity

Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities.
, the company said.

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Chubb Chubb is the name of several individuals and companies:
  • Bruce Chubb, American model railroader
  • Ralph Chubb, British poet
  • Thomas Chubb, Britist Deist philosopher
  • Chubb Corporation, the U.S.
 Group of Insurance Cos. A.M. Best Company # 00012 Distribution: Independent agents and brokers

Massachusetts Massachusetts (măsəch`sĭts), most populous of the New England states of the NE United States.  Mutual Life Insurance Co. A,M. Best Company # 06695 Distribution: Career agents, banks, broker-dealers, wirehouses

American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of  General Life Insurance Co. A,M. Best Company # 06058 Distribution: Independent agents and brokers, marketing organizations

AmerUs Life Insurance Co. A.M. Best Company # 06199 Distribution: Career and independent agents and marketing organizations

Ohio Casualty Insurance Co. A.M, Best Company # 02378 Distribution: Independent agents

For ratings and other financial strength information about these companies, visit www.ambest.com.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Article Details
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Title Annotation:Equity-Indexed Annuity Line
Author:Panko, Ron
Publication:Best's Review
Article Type:Brief article
Geographic Code:1USA
Date:Aug 1, 2006
Words:153
Previous Article:Vul guarantees income stream.(Life)(variable universal life insurance)(American General Insurance Co.)(Brief article)
Next Article:Life product growth rates, 1Q 2005-2006.(SNAPSHOT)(Statistical table)(Brief article)
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