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Jefferson Pilot Fixed Annuity Pays 6.6% First-Year Rate

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NU Online News Service, Sept. 24, 4:16 p.m. – Jefferson Pilot Financial, Greensboro, N.C., a unit of Jefferson-Pilot Corp., has introduced the Gold 7 single-premium, deferred fixed annuity.

The Gold 7 annuity, which is part of the Pilot Gold series of annuities, guarantees a fixed rate of return for seven years.

Gold 7 now carries a first-year interest rate of 6.60% for the standard death benefit. The interest rate includes a 2% first-year interest rate bonus. In policy years two through seven, the guaranteed interest rate would be 4.60%.

The minimum premium is $10,000.


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