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.

The other product, the SureHorizon Choice annuity, comes with 1-year, 3-year, 6-year and 9-year guarantee periods and a 3% minimum guaranteed rate.

Annuity holders can withdraw 15% of their annuity assets each year without paying any penalties or other fees.