NU Online News Service, Feb. 26, 2004, 2:15 p.m. EST – A unit of Allstate Corp., Northbrook, Ill., has introduced a line of variable annuities.[@@]
Allstate’s Lincoln Benefit Life Company is aiming the 4 new Consultant Solutions Suite annuities at financial advisors.
Lincoln Benefit, which backs the VA guarantees, says the annuities will give advisors and their clients a choice of several guarantee time periods and benefit options.
One feature, an accumulation benefit rider, can guarantee up to 250% of the first-year premiums.