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Bankers Life launches guaranteed lifetime income annuity.

M2 EQUITYBITES-July 19, 2016-Bankers Life launches guaranteed lifetime income annuity

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Bankers Life and Casualty Company has added Guaranteed Lifetime Income Annuity (GLIA) to its portfolio of annuity products, the company said.

GLIA is a single-premium fixed indexed annuity designed to provide customers with a retirement savings solution that can help accumulate savings, and provide the opportunity to select a guaranteed income stream. With this annuity product, customers may opt to receive a guaranteed, predictable income stream for life without having to annuitize their policy.

The Bankers Life brand is a part of CNO Financial Group, Inc. (NYSE: CNO), providing insurance solutions that help protect the health and retirement needs of working Americans and retirees.

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Publication:M2 EquityBites (EQB)
Date:Jul 19, 2016
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