Home / Blog / Hartford To Launch Variable Annuity With Lifetime Benefit in May

Hartford To Launch Variable Annuity With Lifetime Benefit in May

An article in the Retirement Income Reporter states that this May, Hartford Financial is planning to launch a new variable annuity product with a guaranteed lifetime benefit. While a lifetime benefit can be quite appealing to individuals nearing retirement, there is a catch in this offering.

Hartford has also announced that in order to keep costs low enough to appeal to consumers, this annuity will have some “constrained features”; said constraints are unknown at this point. These limits will also protect the firm from some of the risk associated with variable annuities.

It’s still early, but their new product may be something to look into when it’s released.

Share Button
Comments are closed.

 

Copyright © 2018 AFYI Holdings Group, LLC. All Rights Reserved. No part of this article may be reproduced without the express written consent of AFYI Holdings Group, LLC.

Annuityfyi.com - Prefooter

Contact

Mailing Address:

1165 NE 105 St.
Miami Shores, FL 33138

Email:

support@annuityfyi.com

Phone:

(866) 223-2121

Follow Us On

Click for the BBB Business Review of this Annuities in Miami Shores FL

Copyright © 2019 AFYI Holdings Group, LLC, All Rights Reserved

Share On Facebook
Share On Twitter
Share On Linkedin
Share On Pinterest