Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance

Safeco Announces Annuity Launch Date

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, Jan. 7, 2004, 5:43 p.m. EST – Safeco Life Insurance Company, Redmond, Wash., says it will start selling its new Safeco Custom Annuity Jan. 15.[@@]

Safeco Life first announced the introduction of the single-premium fixed deferred annuity in December 2003.

The annuity offers investors a choice of a 1-year, 3-year or 5-year guaranteed interest rate period and a minimum initial premium of $10,000.

Safeco Life is responsible for making the interest payments and backing the other product guarantees.

Safeco Life is a unit of Safeco Corp., Seattle.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.