Speak with a Registered Agent: 1-866-223-2121

Speak with a Registered Agent: 1-866-223-2121

Variable Annuities Marry ETFs


According to Barron’s, variable annuities are getting a slight facelift.  In Murray Coleman’s article “Variable Annuity To Open Next Week Offering ETFs as Investment Options,” a new type of product is emerging.  Insurance companies selling variable annuities typically invest in mutual funds, but the first ETF-based variable annuities will be sold next week, according to Dow Jones Newswires.

Varoom, the Variable Annuity for Roll Over Only Money, allows investors to create their own personalized portfolio containing subaccounts investing in only ETFs.  Two companies that are part of Western and Southern Financial Group in Cincinnati created Varoom.  Integrity Life Insurance and National Integrity Life Insurance will offer investors eighteen different ETFs from which to choose.  They are from Vanguard and BlackRock’s iShares unit.

These products are unique from equity indexed annuities and even other variable annuities on the market.  The direct investment in the ETF subaccounts is the big change from previous products.  Lincoln FInancial Group’s SSgA Global Tactical Allocation Fund is one example of this kind of fund-of-funds approach.  The success of these new variable annuities should determine how many other insurance companies take on such a product.

For more information about the product mentioned in this article contact us here:

Newest Blog Posts

Information Request Form

If you have questions or would like more information, please complete this form and a licensed professional will be happy to help. For the fastest response, please select 'Phone' as your Contact Preference.

By providing your information and clicking 'Submit' above, you acknowledge that you have read and agree to this site's privacy policy. You also provide your consent to be contacted at the email address or phone number provided above (including any wireless number) by licensed agents or representatives from or on behalf of AFYI Holdings Group, LLC and other companies to provide the information requested and/or offer annuities or financial products. You understand that these calls or SMS messages may be generated using an automated telephone dialing system, a pre-recorded message, or artificial voice. Consent to receive such messages is not a condition to purchase any goods or services. You may opt out at any time by following the instructions in the messages you receive.  Receiving quotes and information through our website is free, and you are under no obligation to purchase any goods or services as a result of this request. You affirm that you are the subscriber of the provided telephone number or that the subscriber authorized you to provide the number. Message and data rates may apply. AFYI Holdings Group, LLC is committed to respecting your privacy and adhering to all applicable laws and regulations, including the Telephone Consumer Protection Act (TCPA).