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Hartford Life Beefs Up Variable Annuities' Death Benefit.

A new enhancement in the variable annuity product line of Hartford Life Insurance Co., Simsbury, Conn., offers beneficiaries potentially higher death benefits.

Under the Earnings Protection Benefit, should the contract owner die before annuity payments begin, beneficiaries receive the greatest of premiums invested minus surrenders, the maximum anniversary value prior to age 81, or the contract value plus up to 40% of contract gain up to 200% of premiums adjusted for surrenders and premium benefits made one year before death.

The enhancement is available with new contracts of the Hartford Director, Putnam Hartford Capital Manager and Hartford Leaders variable annuities.
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Title Annotation:Hartford Life Insurance Co.
Comment:Hartford Life Beefs Up Variable Annuities' Death Benefit.(Hartford Life Insurance Co.)
Publication:Best's Review
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 1, 2001
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