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Allstate Unit Launches VA Family

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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.