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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
February 07, 2005 at 07:00 PM
NU Online News Service, Feb. 7, 2005, 4:51 p.m. EST
A Carmel, Ind., insurer has introduced a new equity-indexed annuity.[@@]
The insurer, Conseco Inc., says the new product, the Conseco 7 annuity, is a 15-year, flexible-premium annuity that offers a menu of 7 asset-growth options and a 7% bonus on all premiums paid during the first year that a contract is in effect.
Customers can link asset growth to the performance of the S&P 500 index, the S&P MidCap 400 index or the Russell 2000 index, or they can choose to lock in a fixed rate for 1 year.
Customers can put all funds in 1 option, allocate funds among 2 or more options, and change asset allocations on each contract anniversary, Conseco says.
Customers can get nursing care riders and terminal illness riders with the Conseco 7 annuity at no additional cost, Conseco says.
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