NU Online News Service, March 15, 2004, 11:22 a.m. EST – Standard Insurance Company, Portland, Ore., is using a special feature to increase initial rates on a new fixed deferred annuity.[@@]
Customers who buy Standard’s new Focused Growth Annuity can choose between a 5-year and 6-year interest rate guarantee option.
For customers who choose the 5-year rate guarantee and pay at least $15,000 in premiums, the initial crediting rate is 3.5%.