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Life Health > Annuities

Illinois Insurer Rolls Out 5 Inde Annuities

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Fort Dearborn Life Insurance Company has introduced the Index Fortifier Series of fixed index annuities.[@@]

The 5 annuity contracts provide interest credits linked to the performance of the S&P 500 Index, and the insurer says it will protect holders against the possibility that the index might decline, according to Fort Dearborn, Chicago, a unit of the parent company of Health Care Service Corp., a unit of Blue Cross and Blue Shield of Illinois.

Surrender schedules range from 7 years to 14 years, Fort Dearborn says.


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