Vantis Life Insurance Company, the leading direct-to-consumer life insurance provider, just announced the launch of a new series of annuity products that are available for online direct purchase.
- TaxSaver Freedom® ROP – This is a fixed interest rate annuity complete with a safety of return of premium (ROP) guarantee feature. Customers will enjoy access to their deposits at any time without a withdrawal penalty.
- TaxSaver Freedom® MVA – This annuity product comes with Vanits Life’s best interest rate for the duration of the term. The Market Value Adjustment (MVA) feature can positively or negatively impact the value if funds are withdrawn prior to the end of the guarantee period.
Both products come with a five-year rate guarantee and tax-deferred accumulation of interest gains. Additionally, nursing care facility and terminal illness waivers are also included.
“In today’s uncertain market environment, consumers value reliable and tax-efficient strategies when saving for their future,” said Manny Lirio, AVP, Direct to Consumer Marketing at Vantis Life. “Our TaxSaver Freedom annuities, now available for direct purchase, provide the peace of mind necessary for a sound retirement plan.”
Vantis Life Insurance Company, which has been providing affordable life insurance and annuity products since 1942, is rated A+ (Superior) by A.M. Best, the world’s most authoritative insurance rating and information source. Vantis Life is a separately operated subsidiary of The Penn Mutual Life Insurance Company.
Written by Rachel Summit