Allstate Unit Adds Deferred Annuities

Lincoln Benefit Life is replacing its SureHorizon and Saver’s Choice Plus deferred annuities.[@@]

Lincoln Benefit, a unit of Allstate Corp., Northbrook, Ill., says it will be selling the new versions of the annuities, the SureHorizon II and SureHorizon Choice contracts, through independent financial representatives as well as Allstate’s own agents.

SureHorizon II, a flexible-premium deferred annuity, gives purchasers the ability to lock in a crediting rate for a 1-year, 3-year, 5-year or 6-year guarantee period.