Thursday, December 18, 2014
Genworth Launched New Fixed Annuity with Lifetime Rider
A new fixed index annuity with a lifetime income rider was launched by Genworth intended for buyers who plan on setting up a retirement income.
“With defined pension plans becoming increasingly rare, SecureLiving® Growth+ with IncomeChoice rider is a great fit for consumers who are seeking solutions to fund their own retirement,” said Lou Hensley, president of Life Insurance and Annuities at Genworth.
“SecureLiving®Growth+ with IncomeChoice rider can help consumers save for retirement and gives them the added benefit of protection from market losses, growth potential greater than existing interest rates, and guaranteed lifetime income that can keep growing,” added Hensley.
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